The Egyptian Exchange closes Thursday in red zone for 4th consecutive session

The Egyptian Exchange (EGX) closed Thursday’s trading session in the red zone for the fourth consecutive time.

The EGX30 index declined by 0.52% to 51,443.07 points.

The Shariah index fell by 1.14% to 5,713.07 points, and the EGX35-LV retreated by 0.76% to 5,962.54 points.

Both the EGX70 index and the EGX100 index closed the trading lower by 0.35% at 15,511.38 points and by 0.57% at 21,196.51 points, respectively.

The turnover reached EGP 8.822 billion through the exchange of 1.938 billion shares over 183,593 transactions, while the market cap amounted to EGP 3.691 trillion.

Individuals took over 74.44% of trading transactions, while institutions represented 25.55%.

Egyptians dominated the trading with 87.98%, while foreign and Arab investors accounted for 8.46% and 3.56%, respectively.

Foreign and Arab traders were net buyers with EGP 139.754 million and EGP 14.213 million, respectively. Meanwhile, Egyptian investors were sellers with EGP 153.967 million.