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EGX ends Wednesday on negative note

EGX ends Wednesday on negative note

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

The benchmark EGX30 index lost 1.17%, finishing the session at 9,702.19 points.  

The small- and mid-cap EGX70 equal-weight index (EWI) fell by 1.16% to 2,241.57 points.  

Meanwhile, the EGX100 index dropped by 1.07% to 3,172.06 points, while the EGX50 EWI went down by 0.98% to 1,891.12 points.  

Trading volume amounted to nearly 449.09 million shares exchanged through 51,628 transactions at a turnover of EGP 1.084 billion.  

Market capitalization closed today’s trading session at EGP 682.45 billion.  

Retail investors controlled 85.50% of total trading transactions, while institutional investors made up 14.49% of trading.  

Egyptian traders made up 86.87% of total trading transactions, while Arab and foreign (non-Arab) investors made up 5.54% and 7.59% respectively.  

Foreign traders were net sellers with EGP 81.36 million, while Egyptian and Arab investors were net buyers with EGP 69.41 million and EGP 11.94 million, respectively.

 

 

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