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EGX sees bullish trading on Tuesday

EGX sees bullish trading on Tuesday

Arab Finance: The Egyptian Exchange (EGX) ended Tuesday's session on a positive note. 

The benchmark EGX30 index added 1.49%, finishing the session at 10,329.66 points. 

The small- and mid-cap EGX70 equal-weight index (EWI) rose by 1.93% to 2,276.55 points. 

Meanwhile, the EGX100 index gained 1.77% to 3,260.74 points, while the EGX50 EWI went up by 1.57% to 1,960.92 points.

Trading volume amounted to nearly 1.054 billion shares exchanged through 68,719 transactions at a turnover of EGP 1.897 billion. 

Market capitalization closed today’s trading session at EGP 703.711 billion.

Retail investors controlled 73.37% of total trading transactions, while institutional investors made up 26.62% of trading.  

Egyptian traders made up 82.4% of total trading transactions, while Arab and foreign (non-Arab) investors made up 7.09% and 10.52% respectively.  

Foreign and Arab traders were net sellers with EGP 232.638 million and EGP 52.157 million, respectively, while Egyptian investors were net buyers with EGP 284.796 million.

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