Egypt’s stocks end week mostly higher, benchmark EGX 30 adds 0.19%

By Amwal Al Ghad English On Mar 17, 2022

Egypt’s stock exchange (EGX) closed mostly higher on Thursday, with the benchmark EGX 30 index inching up by 0.19 percent to 10,726 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) surged by 1.15 percent to 1,895 points, while the fixed-weighted index, EGX 30 Capped fell by 0.20 percent to 13,167 points. In addition, the equal weights index, EGX 50 was almost unchanged, closing at 1,875 points.

The all-embracing index, EGX 100 increased by 0.70 percent to 2,848 points.

Market Cap

The country’s market capitalisation has posted gains worth 1.1 billion Egyptian pounds ($70.6 million), ending the trading at 695.699 billion pounds buoyed by local and Arab investors’ buying appetite.

Trading Aggregates

Trading value has approximately reached around 1.441 billion pounds, while the trading volume has almost recorded around 313.955 million securities executed 45,056 transactions.