Egypt’s stocks start week higher as EGX 30 gains 0.93% after Eid holidays

By Amwal Al Ghad English On Jul 25, 2021

Egypt’s stock exchange’s (EGX) indexes edged higher on Sunday, with the benchmark EGX 30 index gaining 0.93 percent to 10,746 points. Trading resume after a five-day holiday on the occasion of Eid El-Adha and July 23 Revolution.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) jumped 2.56 percent to 2,573 points, while the fixed-weighted index, EGX 30 Capped added 1.11 percent to 13,194 points. The all-embracing index, EGX 100 climbed 2.23 percent to 3,547 points. In addition, the equal weights index, EGX 50 surged 1.61 percent to 2,266 points.

Market Cap

The country’s market capitalisation has on Sunday posted gains worth 14.5 billion Egyptian pounds ($925.2 million), ending the trading at 694.175 billion pounds powered by local investors’ buying appetite.

Trading Aggregates

Trading value has approximately reached around 2.6 billion pounds, while the trading volume has almost recorded 533.107 million securities executed 50,462 transactions.