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EGX indices down on Tuesday

EGX indices down on Tuesday

Arab Finance: The Egyptian Exchange’s (EGX) indices closed lower on Tuesday, with market capitalization reaching EGP 1.059 trillion.

The benchmark EGX30 index shed 3.41%, finishing the session at 16,446.38 points, while the EGX50 EWI fell by 2.85% to 2,829.21 points.

The small- and mid-cap EGX70 equal-weight index (EWI) declined 2.95%, reaching 2,883.3 points, while the EGX100 fell also by 2.95%, ending the session at 4,337.77 points.

Trading volume amounted to 483.375 million shares exchanged through 72,477 transactions at a turnover of EGP 1.967 billion.

Retail investors controlled 71.69% of total trading transactions, while institutional investors made up 28.30% of trading.

Egyptian traders made up 85.03% of total trading transactions, while Arab and foreign investors accounted for 6.17% and 8.8%, respectively.

Egyptian traders were net buyers to the tune of EGP 75.74 million, while Arab and Non-Arab foreign investors were net sellers to the tune of EGP 3.859 million and EGP 71.884 million, respectively.

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