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Arab Finance – The stock market turns green at the end of 2024 trading


The stock market turns green at the end of 2024 trading

Arab Finance: The Egyptian Stock Exchange ended the trading session today, Tuesday, with an increase in the movement of indicators. The main index of the market, the EGX30 – which includes the 30 largest listed companies, closed with an increase of 1.42% at the level of 29,740.58 points.

The EGX70 EWI for small and medium-sized stocks also rose by 2.14%, closing at the end of the session at the level of 8,143. a point.

The broader EGX 100 index closed 2.04% higher at 11,217.62 points.

Regarding the total value of trades, it amounted to 2.508 billion Egyptian pounds, with a total number of transactions amounting to 71,685 transactions.

The market capitalization of the Egyptian Stock Exchange at the end of trading reached 2.169 trillion Egyptian pounds

The shares of 130 companies rose, while the shares of 41 companies declined, and the shares of 40 companies remained unchanged.

In terms of transactions by individuals and institutions, data from the Egyptian Stock Exchange website showed that individual transactions accounted for 74.47% of total market trades, while institutions accounted for 25.52% of trades.

The data also indicated that Arab traders today accounted for 4.28% of total transactions, while foreign transactions recorded 4.62% and Egyptians 91.1%.

As for the total transactions of Egyptian and Arab investors towards selling, with a total value amounting to 60,047 million pounds and 47,513 million pounds, respectively, while the net transactions of foreigners went towards buying, with a total value amounting to 107,560 million pounds.

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