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Giza, Egypt, August 19 2023: View of modern streets in Giza Sheikh Zayed city, cityscape background of Egyptian streets, traffic, trees, transmission tower, parking vehicles, people and buildings, selective focus. Image used for illustrative purpose. Image courtesy: Tamer Soliman/ Getty Images
Arab Finance: The Egyptian Exchange (EGX) showed a negative performance on Wednesday, with the EGX30 index down by 0.82% to 31,348.47 points.
Likewise, the small- and mid-cap EGX70 equal-weight index (EWI) and EGX100 index closed the session lower by 0.94% at 8,880.38 points and by 0.94% at 12,281.21 points, respectively.
The turnover stood at EGP 4.888 billion through over 487 transactions, while the market capitalization amounted to EGP 2.239 trillion.
The institutions accounted for 26.07% of the total trading, while retail investors made up the remaining 73.92% of trading.
Egyptian investors equaled 78.69% of the trading transactions, whereas Arab and foreign traders represented 8.37% and 12.95% of the trading transactions, respectively.
Egyptian and Arab investors were purchasers with EGP 480.921 million and EGP 322.881 million, respectively. Meanwhile, the foreign traders were sellers with EGP 804.802 million.
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