EGX closes Sunday in red zone

Updated 12/29/2024 3:28:00 PM
EGX closes Sunday in red zone

Arab Finance: The Egyptian Exchange (EGX) showed a negative performance on Sunday, with market capitalization amounting to EGP 2.16 trillion.

The EGX30 index fell by 1.21% to 29,594.48 points.

Likewise, the Sharia-compliant index, EGX33 Shariah index, went down by 0.31% to  3,067.66 points.

Both the small- and mid-cap EGX70 equal-weight index (EWI) and EGX100 index ended the session lower by 0.87% at  8,129.97 points and by 0.78% at 11,181.23 points, respectively.

EGX’s turnover hit EGP 2.33 billion through the exchange of 899.06 million shares over 70,214 transactions.

Retail investors represented 81.70% of the total trading, whereas the institutions equaled 18.29%.

Arab and foreign traders accounted for 4.36% and 1.36% of the trading transactions, respectively, while Egyptian investors made up 94.24%.

Egyptian investors were buyers with EGP 37.35 million. Foreign and Arab traders were sellers with EGP 28.01 million and EGP 9.34 million, respectively.

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