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EGX ends Monday in red zone

EGX ends Monday in red zone

ArabFinance: The Egyptian Exchange’s (EGX) indices closed lower on Monday, with market capitalization reaching EGP 1.088 trillion.

The benchmark EGX30 index shed 2.21%, finishing the session at 17,026.64 points, while the EGX50 EWI fell by 2.46% to 2,912.35 points.

The small- and mid-cap EGX70 equal-weight index (EWI) declined 2.90%, reaching 2,971.06 points, while the EGX100 fell by 2.86%, ending the session at 4,469.66 points.

Trading volume amounted to 643.152 million shares exchanged through 90,341 transactions at a turnover of EGP 2.909 billion.

Retail investors controlled 72.59% of total trading transactions, while institutional investors made up 27.40% of trading.

Egyptian traders made up 84.51% of total trading transactions, while Arab and foreign investors accounted for 7.56% and 7.93%, respectively.

Egyptian and Arab traders were net buyers to the tune of EGP 32.08 million and EGP 30.76 million, respectively. Non-Arab foreign investors were net sellers to the tune of EGP 62.85 million.

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