Egypt’s stocks rebound on Monday as benchmark EGX 30 surged 1.81%

By Amwal Al Ghad English On Aug 23, 2021

Egypt’s stock exchange (EGX) has rebounded on Monday, with the benchmark EGX 30 index surging 1.81 percent to 10,884 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) climbed 1.74 percent to 2,973 points, while the fixed-weighted index, EGX 30 Capped edged up 1.31 percent to 13,126 points. The all-embracing index, EGX 100 advanced 1.52 percent to 3,933 points. In addition, the equal weights index, EGX 50 hiked 1.26 percent to 2,420 points.

Market Cap

The country’s market capitalisation has posted on Monday gains worth 10.3 billion Egyptian pounds ($656 million), ending the trading at 722.886 billion pounds buoyed by Arab and foreign investors’ buying appetite.

Trading Aggregates

Trading value has approximately reached around 7.3 billion pounds, while the trading volume has almost recorded around 535.399 million securities executed 62,227 transactions.