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EGX ends Wednesday on positive note

EGX ends Wednesday on positive note

Arab Finance: The Egyptian Exchange (EGX) has seen a positive performance on Wednesday for the second trading session in a row.

The benchmark EGX30 index rose by 1.99%, finishing the session at 14,787.05 points.  

The small- and mid-cap EGX70 equal-weight index (EWI) gained 1.35% to 2,704.48 points.  

Meanwhile, the EGX100 index went up by 1.41% to 3,986.88 points, while the EGX50 EWI index added 1.32% to 2,485.58 points.  

Trading volume amounted to nearly 1.202 billion shares exchanged through 95,106 transactions at a turnover of EGP 3.293 billion.  

Market capitalization closed today’s trading session at EGP 945.735 billion.  

Retail investors controlled 68.85% of total trading transactions, while institutional investors made up 31.14% of trading.  

Egyptian traders made up 84.6% of total trading transactions, while Arab and foreign (non-Arab) investors made up 9.51% and 5.89% respectively.  

Foreign traders were net sellers with EGP 149.45 million, while Egyptian and Arab investors were net buyers with EGP 24.12 million and EGP 125.32 million, respectively.  

 

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