Egypt’s stocks end week higher, benchmark EGX 30 blooms 1.32%

By Amwal Al Ghad English On Jun 30, 2021

Egypt’s stock exchange’s (EGX) indexes closed higher on Wednesday, with the benchmark EGX 30 index climbing 1.32 percent to 10,256 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) edged up 1.67 percent to 2,323 points, while the fixed-weighted index, EGX 30 Capped hiked 0.91 percent to 12,813 points. The all-embracing index, EGX 100 surged 1.45 percent to 3,279 points. Meanwhile, the equal weights index, EGX 50 advanced 1.31 percent to 2,155 points.

Egypt announced on Tuesday that Thursday, July 1 is a national holiday on the anniversary of the 30 June Revolution. Banks and the Egyptian Exchange will return to business as usual on Sunday, July 4.

Market Cap

The country’s market capitalisation has on Wednesday posted gains worth around 6.6 billion Egyptian pounds ($421 million), ending the trading at 667.303 billion pounds buoyed by Arab investors’ buying appetite.

Trading Aggregates

Trading value has approximately reached around 2.5 billion pounds, while the trading volume has almost recorded 359.178 million securities executed 43,627 transactions.

EGX EGX 100 EGX 30 EGX 30 Capped EGX 30 Index EGX 50 EGX 70 Egypt’s stock benchmark