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EGX sees downturn trend on Wednesday

EGX sees downturn trend on Wednesday

Arab Finance: The Egyptian Exchange (EGX) closed Wednesday’s trading session in the red zone.

The benchmark EGX30 index fell 0.94%, finishing the session at 10,232.29 points.  

The small- and mid-cap EGX70 equal-weight index (EWI) went down by 0.61% to 2,262.65 points.  

Meanwhile, the EGX100 index lost 0.66% to 3,239.35 points, while the EGX50 EWI slipped by 0.50% to 1,951.09 points.  

Trading volume amounted to nearly 925.72 million shares exchanged through 63,428 transactions at a turnover of EGP 1.607 billion.  

Market capitalization closed today’s trading session at EGP 700.177 billion.  

Retail investors controlled 83.04% of total trading transactions, while institutional investors made up 16.95% of trading.  

Egyptian traders made up 88.92% of total trading transactions, while Arab and foreign (non-Arab) investors made up 5.49% and 5.59% respectively.  

Foreign traders were net sellers with EGP 96.66 million, while Egyptian and Arab investors were net buyers with EGP 88.66 million and EGP 7.66 million, respectively.

 

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