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EGX carries on bearish trend on Sunday

EGX carries on bearish trend on Sunday

Arab Finance: The Egyptian Exchange (EGX) closes Sunday’s trading session on a negative note.

The benchmark EGX30 index lost 0.67%, finishing the session at 14,385.3 points.  

The small- and mid-cap EGX70 equal-weight index (EWI) fell by 1.85% to 2,704.1 points.  

Meanwhile, the EGX100 index dropped by 1.95% to 3,995.69 points, while the EGX50 EWI index went down by 1.61% to 2,528.25 points.  

Trading volume amounted nearly to 639.142 million shares exchanged through 57,874 transactions at a turnover of EGP 2.848 billion.  

Market capitalization closed today’s trading session at EGP 941.564 billion.  

Retail investors controlled 57.64% of total trading transactions, while institutional investors made up 42.35% of trading.  

Egyptian traders made up 66.69% of total trading transactions, while Arab and foreign (non-Arab) investors made up 7.6% and 25.71% respectively.  

Foreign traders were net buyers with EGP 1.44 billion, while Egyptian and Arab investors were net sellers with EGP 1.43 billion and EGP 9.11 million, respectively.

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