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Arab Finance – The Stock Exchange ends mid-week trading in the red zone under pressure from Egyptian sales


The stock market ends mid-week trading in the red zone under pressure from Egyptian sales

Arab Finance: The Egyptian Stock Exchange ended the trading session today, Tuesday, in a decline in indicators. The main index of the market, the EGX30 – which includes the 30 largest listed companies, closed with a decrease of 0.48% at the level of 29,973.15 points.

The EGX70 EWI for small and medium-sized stocks also decreased by 0.44%, closing at the end of the session at 8,190.91 points.

The broader EGX 100 index closed down 0.41% at 11,251.98 points.

Regarding the total value of trades, it amounted to 2.446 billion Egyptian pounds, with a total number of transactions amounting to 80,800 transactions.

The market capitalization of the Egyptian Stock Exchange at the end of trading reached 2.186 trillion Egyptian pounds

The shares of 61 companies rose, while the shares of 111 companies decreased, and the shares of 37 companies remained unchanged.

In terms of transactions by individuals and institutions, data from the Egyptian Stock Exchange website showed that individual transactions accounted for 72.02% of total market trades, while institutions accounted for 27.97% of trades.

The data also indicated that Arab traders today accounted for 6.88% of total transactions, while foreign transactions recorded 4.66% and Egyptians 88.46%.

The total transactions of Egyptian and foreign investors were towards buying, with a total value of 7,892 million pounds and 39,667 million pounds, respectively, while the net transactions of Egyptians were towards selling, with a total value of 47,559 million pounds.

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