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EGX closes in red territory on Wednesday

EGX closes in red territory on Wednesday

ArabFinance: The Egyptian Exchange’s (EGX) indices saw a negative performance on Wednesday.

The benchmark EGX30 index shed 1.32%, finishing the session at 9,998.61points, while the EGX50 EWI index inched lower by 0.94% to stand at 1,903.55 points.

The small- and mid-cap EGX70 equal-weight index (EWI) lost 0.69%, reaching 2,201.19 points, while the EGX100 shrank 0.67%, ending the session at 3,153.07 points.

Trading volume amounted nearly to 934.466 million shares exchanged through 51,544 transactions at a turnover of EGP 1.494 billion.

Market capitalization closed today’s trading session at EGP 685.230 billion.

Retail investors controlled 68.23% of total trading transactions, while institutional investors made up 31.76% of trading.

Egyptian traders made up 73.84% of total trading transactions, while Arab and foreign investors accounted for 7.86% and 18.3%, respectively.

Foreign traders were net sellers with EGP 291.833 million, respectively, while Egyptian and Arab investors were net buyers with EGP 180.582 million and EGP 111.251 million, respectively.



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