EGX ends mid-week trading on mixed note amid Egyptian, Arab buying

Cairo – November 5, 2024: The Egyptian Exchange (EGX) ended its mid-week trading session with a mixed note, closing with a market cap. of LE 2.225 trillion.

Benchmark index EGX 30 was up by 0.47 percent to 30,793.94 points, followed by the Shariah index which inched upwards by 0.08 percent to end the session at 3,174.92 points.

EGX 70 dropped by 0.08 percent to 8,116.38 points, with EGX 100 slipping 0.04 percent to reach 11,315.07 points.

Tuesday trading saw 1.264 billion shares exchanged with a turnover of LE 3.515 billion. The EGX reported that securities trading was led by individual traders with 78.08 percent of transactions, with institutions as 21.91 percent.

Market capitalization was recorded at LE 2.225 trillion, slightly up from yesterday’s LE 2.223 trillion.

Trading on securities saw Egyptian and Arab traders as net buyers with LE 24.56 million and LE 43.6 million, respectively. Foreign investors were net sellers with LE 68.1 million.