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EGX ends Sunday on higher rate

EGX ends Sunday on higher rate

Arab Finance: The Egyptian Exchange’s (EGX) indices closed on a higher note on Sunday, with market capitalization reaching EGP 1.025 trillion.

The benchmark EGX30 index added 0.06%, finishing the session at 15,561.25 points, while the EGX50 EWI edged higher by 0.97% to stand at 2,786.48 points.

The small- and mid-cap EGX70 equal-weight index (EWI) rose 1.18%, reaching    2,840.08 points, while the EGX100 increased by 0.94 %, ending the session at 4,274.54 points.

Trading volume amounted to around 449.57 million shares exchanged through 64,422 transactions at a turnover of nearly EGP 1.75 trillion.

Retail investors controlled 81.15% of total trading transactions, while institutional investors made up 18.84% of trading.

Egyptian traders made up 91.68% of total trading transactions, while Arab and foreign investors accounted for 4.79% and 3.53%, respectively.

Non-Arab foreign traders were net buyers with EGP 28.5 million, while Egyptian and Arab investors were net sellers to the tune of EGP 5.34 million and EGP 23.18 million, respectively.

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