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EGX sees bullish trajectory on Thursday

EGX sees bullish trajectory on Thursday

ArabFinance: The Egyptian Exchange’s (EGX) indices ended higher on Thursday, and the market cap amounted to EGP 841.239 billion.

The benchmark EGX30 index added 1.42%, finishing the session at 12.779.44 points, while the EGX50 EWI index gained 1% to stand at 2,210.94 points.

The small- and mid-cap EGX70 equal-weight index (EWI) jumped 4.37%, reaching 2,516.52 points, while the EGX100 grew 3.41%, ending the session at 3,637.34 points.

Trading volume amounted nearly to 609.505 million shares exchanged through 61,966 transactions at a turnover of EGP 1.946 billion.

Retail investors controlled 56.63% of total trading transactions, while institutional investors made up 43.36% of trading.

Egyptian traders made up 77.99% of total trading transactions, while Arab and foreign investors accounted for 12.83% and 14.18%, respectively.

Non-Arab foreign traders were net sellers with EGP 333.596 million, while Egyptian and Arab investors were net buyers with EGP 298.409 million and EGP 35.186 million, respectively.

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