Egypt Stocks Earn EGP4.5bn in Week

In a week, Egypt’s stocks recorded gains worth 4.5 billion Egyptian pounds. In addition, the country’s main stock index, EGX30 grew by 0.7% in a week, with a surge of 61.7 points, ending Thursday’s transactions at 9435.05 points, versus 9373.27 points at the end of a week earlier.

The main gauge index registered its highest point on Sunday closing at 9495.3 points, whereas its lowest point recorded on Tuesday at 9359.18 points.

On the other hand, the mid- and small-cap index, the EGX70 went up in a week by 0.98% closing at 658.72 points during Thursday’s session, compared to 652.32 points at the end of a week earlier. The price index, EGX100 also rose by 0.3% concluding by 1168.85 points during Thursday’s session, against 1165.48 points at the end of a week earlier.

Furthermore, the market capitalization closed at EGP 524.258 billion last Thursday, compared to EGP 519.8 billion at the end of a week earlier.

Turnovers Higher

Through the week, the trading volume hit around 712.5 million securities, compared to 951.7 million securities at the end of a week earlier. For the traded value, it reached around EGP 5.3 billion against EGP 5.4 billion a week earlier.