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EGX snaps 2-session winning streak; EGX30 above 10,000 pts

EGX snaps 2-session winning streak; EGX30 above 10,000 pts

Arab Finance: The Egyptian Exchange’s (EGX) indices saw uptick on Tuesday, closing the trading session in green zone for the second day in a row.

The benchmark EGX30 index gained 1.59%, returning back above the 10,000-point level to end the session at 10,010.53 points.  

The small- and mid-cap EGX70 equal-weight index (EWI) went up 0.96% to 2,198.01 points.  

Meanwhile, the EGX100 index rose by 1.02% to 3,140.7 points, while the EGX50 EWI added 1.12% to 1,900.23 points.  

Trading volume amounted to nearly 455.22 million shares exchanged through 47,593 transactions at a turnover of EGP 1.044 billion.  

Market capitalization closed today’s trading session at EGP 688.27 billion.  

Retail investors controlled 76.95% of total trading transactions, while institutional investors made up 23.04% of trading.  

Egyptian traders made up 85.1% of total trading transactions, while Arab and foreign (non-Arab) investors made up 5.79% and 9.11% respectively.  

Foreign traders were net sellers with EGP 42.05 million, while Egyptian and Arab investors were net buyers with EGP 31.49 million and EGP 10.55 million, respectively.

 

 

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