The Egyptian Exchange Sees Bullish Trend on Tuesday

The Egyptian Exchange’s (EGX) indices showed an upward trend on Tuesday, with market capitalization hitting EGP 2.226 trillion.

The benchmark EGX30 index gained 0.05%, finishing the session at 30,284.35 points.

The small- and mid-cap EGX70 equal-weight index (EWI) added 0.46% to close at 8,363.94 points, while the EGX100 index increased by 0.23%, ending the session at 11,482.1 points.

The Sharia-compliant index, EGX33 Shariah index, added 0.13%, concluding the session at 3,133.15 points.

Trading volume amounted to 916.701 million shares exchanged through 88,395 transactions at a turnover of EGP 3.102 billion.

Retail investors controlled 71.43% of total trading transactions, while institutional investors made up 28.56% of trading.

Egyptian traders made up 88.93% of total trading transactions, while Arab and foreign investors accounted for 5.49% and 5.57%, respectively.

Egyptian and non-Arab foreign investors were net buyers with EGP 56.985 million and EGP 58.166 million, respectively. Arab traders were net sellers with EGP 115.151 million.