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EGX sees bullish trend on Wednesday

EGX sees bullish trend on Wednesday

Arab Finance: The Egyptian Exchange (EGX) closed Wednesday’s trading session on a positive note.

The benchmark EGX30 index jumped 2.18%, finishing the session at 10,058.12 points.  

The small- and mid-cap EGX70 equal-weight index (EWI) added 0.55% to 2,161.88 points.  

Meanwhile, the EGX100 index went up by 0.99% to 3,095.22 points, while the EGX50 EWI index rose 1.89% to 1,868.76 points.  

Trading volume amounted to nearly 920.47 billion shares exchanged through 61,966 transactions at a turnover of EGP 1.87 billion.  

Market capitalization closed today’s trading session at EGP 678.84 billion.  

Retail investors controlled 61.84% of total trading transactions, while institutional investors made up 38.15% of trading.  

Egyptian traders made up 85.81% of total trading transactions, while Arab and foreign (non-Arab) investors made up 3.68% and 10.51% respectively.  

Foreign traders were net sellers with EGP 180.58 million, while Egyptian and Arab investors were net buyers with EGP 155.95 million and EGP 24.63 million, respectively.  

 

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