EGX sees bearish trend on Monday
Updated 9/16/2024 3:06:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices closed Monday’s trading session in the red zone, with market capitalization at EGP 2.055 billion.
The benchmark EGX30 index lost 0.78%, to close at 30,260.24 points.
The small- and mid-cap EGX70 equal-weight index (EWI) edged down by 0.45% at 7,061.16 points, while the EGX100 index shed 0.51%, ending the session at 10,079.58 points.
The Sharia-compliant index, EGX33 Shariah index, dropped by 1.02%, closing the session at 2,884.43 points.
Today’s trading saw 779.501 billion shares exchanged over 97,491 transactions, generating a turnover of EGP 3.62 billion.
Retail investors seized 61.88% of total trading transactions, while institutional investors made up 38.11% of trading.
Egyptian traders constituted 82.05% of total trading transactions, while Arab and foreign investors accounted for 10.84% and 7.1%, respectively.
Egyptian and non-Arab traders were net buyers with EGP 431.322 million and EGP 141.446 million, respectively. Arab investors were net sellers with EGP 572.767 million.
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