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EGX indices down on Thursday

EGX indices down on Thursday

Arab Finance: The Egyptian Exchange’s (EGX) indices closed lower on Thursday, with market capitalization reaching EGP 1.044 trillion.

The benchmark EGX30 index shed 0.93%, finishing the session at 16,255.73 points, while the EGX50 EWI fell by 1.55% to 2,778.17 points.

The small- and mid-cap EGX70 equal-weight index (EWI) declined 1.67%, reaching 2,840.16 points, while the EGX100 fell also by 1.76%, ending the session at 4,259.93 points.

Trading volume amounted to 445.800 million shares exchanged through 66,022 transactions at a turnover of EGP 1.872 billion.

Retail investors controlled 62.11% of total trading transactions, while institutional investors made up 37.88% of trading.

Egyptian traders made up 73.65% of total trading transactions, while Arab and foreign investors accounted for 9.09% and 17.25%, respectively.

Egyptian and Arab traders were net buyers to the tune of EGP 190.66 million and EGP 152.11 million, respectively. Non-Arab foreign investors were net sellers to the tune of EGP 342.77 million.

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