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Arab Finance – Foreign purchases push market indices to close in the green zone at the end of the week’s trading


Foreign purchases push market indices to close in the green zone at the end of the week’s trading

Arab Finance: The Egyptian Stock Exchange ended the trading session today, Thursday, with an increase in the movement of indicators. The main market index, EGX30 – which includes the 30 largest listed companies, closed with an increase of 0.73% at the level of 29,605.12 points.

The EGX70 EWI for small and medium-sized stocks also rose by 1.33%, closing at the end of the session at 8,229.69 points.

The broader EGX 100 index closed 1.14% higher at 11,326.45 points.

Regarding the total value of trades, it amounted to 3.665 billion Egyptian pounds, with a total number of transactions amounting to 103,639 transactions.

The market capitalization of the Egyptian Stock Exchange at the end of trading reached 2.196 trillion Egyptian pounds

The shares of 124 companies rose, while the shares of 52 companies decreased, and the shares of 32 companies remained unchanged.

In terms of transactions by individuals and institutions, data from the Egyptian Stock Exchange website showed that individual transactions accounted for 76.69% of total market trades, while institutions accounted for 23.3% of trades.

The data also indicated that Arab traders today accounted for 5.04% of total transactions, while foreign transactions recorded 4.98% and Egyptians 89.98%.

The total transactions of Egyptian and Arab investors went towards selling, with a total value of 47,312 million pounds and 13,088 million pounds, respectively, while the net transactions of foreigners went towards buying, with a total value of 60,401 million pounds.

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