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Arab Finance – Stock market indices turn red at the end of Tuesday's trading


Stock market indices turn red at the end of Tuesday's trading

Arab Finance: The Egyptian Stock Exchange ended Tuesday’s trading session with a decline in the movement of indices. The main index of the market, EGX30 – which includes the 30 largest listed companies, closed with a decrease of 0.64% at the level of 30,601.64 points.

The EGX70 EWI level for small and medium-sized stocks also decreased by 0.03%, closing at the end of the session at 8581.12 points.

The broader EGX 100 index closed down 0.07% at 11,731.66 points.

Regarding the total value of trades, it amounted to 3.5 billion Egyptian pounds, with a total number of transactions amounting to 98,199 transactions.

The market capitalization of the Egyptian Stock Exchange at the end of trading recorded 2.2 trillion Egyptian pounds.

The shares of 57 companies rose, while the shares of 109 companies declined, and the shares of 44 companies remained unchanged.

In terms of transactions by individuals and institutions, data from the Egyptian Stock Exchange website showed that individual transactions accounted for 75.83% of total market trades, while institutions accounted for 24.16% of trades.

The data also indicated that Arab traders today accounted for 5.97% of total transactions, while foreign transactions recorded 4.95% and Egyptians 89.08%.

The total transactions of Egyptian and Arab investors went towards selling, with a total value of 39.3 million pounds and 32.1 million pounds, respectively, while the net transactions of foreigners went towards buying, with a total value of 71.5 million pounds.

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