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EGX sees bullish trading on Tuesday

EGX sees bullish trading on Tuesday

ArabFinance: The Egyptian Exchange’s (EGX) indices saw a magnificent performance on Tuesday.

The benchmark EGX30 index gained 2.9%, finishing the session at 15,150.31 points, while the EGX50 EWI index jumped 4.03%, to stand at 2,620.09 points.

The small- and mid-cap EGX70 equal-weight index (EWI) increased by 2.72%, reaching 2,826.48 points, while the EGX100 added 3.41%, ending the session at 4,179.01 points.

Trading volume amounted to nearly 1.639 billion shares exchanged through 103,731 transactions at a turnover of EGP 3.699 billion.

Market capitalization closed today’s trading session at EGP 970.955 billion.

Retail investors controlled 68.61% of total trading transactions, while institutional investors made up 31.38% of trading.

Egyptian traders made up 81.72% of total trading transactions, while Arab and foreign investors accounted for 11.17% and 7.11%, respectively.

Non-Arab foreign and Arab traders were net sellers with EGP 313.53 million and EGP 61.409 million, respectively, while Egyptian investors were net buyers with EGP 374.94 million.



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