Egypt’s stocks end this week higher as benchmark EGX 30 adds 0.28%

By Amwal Al Ghad English On Aug 11, 2021

Egypt’s stock exchange (EGX) has closed higher on Wednesday as the benchmark EGX 30 index rose 0.28 percent to 10,884 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) edged up 0.15 to 2,871 points, while the fixed-weighted index, EGX 30 Capped increased 0.15 percent to 13,248 points. The all-embracing index, EGX 100 added 0.03 percent to 3,846 points. In addition, the equal weights index, EGX 50 went up 0.06 percent to 2,386 points.

Trading will be halted on Thursday to be resumed again on Sunday, August 15 on the occasion of the Hijri New Year (Islamic New Year) 1443.

Market Cap

The country’s market capitalisation has on Wednesday posted gains worth 2.3 billion Egyptian pounds ($146.3 million), ending the trading at 715.715 billion pounds due to by local investors’ buying appetite.

Trading Aggregates

Trading value has approximately reached around 2.06 billion pounds, while the trading volume has almost recorded 698.757 million securities executed 57,540 transactions.