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EGX ends in red territory Monday

EGX ends in red territory Monday

ArabFinance: The Egyptian Exchange’s (EGX) indices tumbled at the end of Monday’s session and the benchmark EGX30 index slipped 1.99% finishing the session at 9,255.43 points.

The EGX50 EWI index declined by 2.32%, to stand at 1,656.69 points.

The small- and mid-cap EGX70 equal-weight index (EWI) declined by 2.16%, reaching 1,736.5 points, while the EGX100 shrank 2.29%, ending the session at 2,566.82 points.

Trading volume amounted nearly to 288.232 million shares exchanged through 30,398 transactions at a turnover of EGP 828.135 million.

Market capitalization closed today’s trading session at EGP 623.74 billion.

Retail investors controlled 50.17% of total trading transactions, while institutional investors made up 49.82% of trading.

Egyptian traders made up 73.53% of total trading transactions, while Arab and foreign investors accounted for 7.63% and 18.84%, respectively.

Foreign and Arab traders were net sellers with EGP 253.035 million and EGP 44.534, respectively, while Egyptian investors were net buyers with EGP 297.57 million.



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