EGX sees bearish trend on Monday
Updated 11/4/2024 3:25:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices closed Monday’s trading session in the red zone, with market capitalization at EGP 2.223 billion.
The benchmark EGX30 index lost 0.59%, to close at 30,650.04 points.
The small- and mid-cap EGX70 equal-weight index (EWI) edged down by 0.04% at 8,122.87 points, while the EGX100 index shed 0.15%, ending the session at 1,1320 points.
The Sharia-compliant index, EGX33 Shariah index, dropped by 0.34%, closing the session at 3,172.36 points.
Today’s trading saw 1.052 billion shares exchanged over 112,114 transactions, generating a turnover of EGP 4.495 billion.
Retail investors seized 70.39% of total trading transactions, while institutional investors made up 29.6% of trading.
Egyptian traders constituted 79.89% of total trading transactions, while Arab and foreign investors accounted for 15.57% and 4.54%, respectively.
Arab and non-Arab traders were net buyers with EGP 34.913 million and EGP 65.686 million, respectively. Egyptian investors were net sellers with EGP 100.599 million.
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