Egyptians account for 92.5% of trading volume at July's end
At the end of July's session on the Egyptian Exchange, trading accounted for 92.5% of the total transactions by Egyptian investors, with a net purchase of 230.4 million EGP by foreigners and 40.1 million EGP by Arabs, excluding deals. Since the start of the year, Egyptians have represented 87.4% of the total trading value, while foreigners recorded a net sale of approximately 5.7 billion EGP, and Arabs around 4.3 billion EGP. Over the weekend, the indices experienced a collective decline, with market capitalization shrinking by 23 billion EGP to reach 3.936 trillion EGP, and the EGX 30 Index declining by 0.35% to 53,442 points. The data indicate that the market is suffering from a downturn, with varying performances among the indices during the week's sessions, reflecting continued pressure amid ongoing conflicts and volatility.
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