Stock market closes week in the red, market cap. sees slight rise

Cairo – October 10, 2024: The Egyptian Exchange (EGX) dropped into the red zone after yesterday’s strong performance.

Benchmark index EGX 30 fell by 1.33 percent to 30,762.32 points, with the Shariah index declining by 0.19 percent to 3,209.23 points.

EGX 70 was down by 0.47 percent at 7,468.76 points, followed by EGX 100 falling by 0.55 percent at 10,642.21 points

Thursday’s trading saw 736.72 million shares exchanged, with a turnover of LE 5.35 billion.

The market capitalization was recorded at LE 2.189 trillion, compared to yesterday’s LE 2.172 trillion.

Trading on securities reported Egyptian and Arab investors as net buyers with LE 142.76 million and LE 142.32 million, respectively. Foreign traders were net sellers with LE 285.09 million.