Egypt’s bourse daily trading tops EGP 12 bln, chairman says

Egypt’s stock exchange recorded an average daily trading value of more than 12 billion Egyptian pounds over the past five sessions, Chairman Omar Radwan said on Saturday, as the bourse prepares for new state-owned company listings.

Speaking in his first television interview since taking office, Radwan said recent increases in trading volumes and investor participation reflected the market’s ability to absorb new offerings.

“Average daily trading over the last five days exceeded 12 billion pounds, reflecting strong liquidity and the market’s capacity to absorb additional listings,” he said during an appearance on the television programme El Sanay3ya‎.

Radwan said the Egyptian Exchange (EGX) expects further expansion through the government’s state asset offering programme, additional company listings, and the introduction of new financial products.

The EGX is working on digital transformation initiatives and plans to expand available investment instruments, including derivatives, as part of efforts to deepen the market, he said.

Radwan added that investor protection, transparency, and disclosure remain key priorities, with the exchange coordinating with the Financial Regulatory Authority to strengthen market oversight.

The comments come as Egypt seeks to boost capital market activity and attract investment through public offerings, regulatory reforms, and new investment products.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser