Egypt’s stocks start week higher as benchmark EGX 30 adds 0.86%

By Amwal Al Ghad English On Dec 26, 2021

Egypt’s stock exchange (EGX) stocks — Egypt’s stock exchange (EGX) (Photo Credit: AP - Nariman El-Mofty)

Egypt’s stock exchange (EGX) closed higher on Sunday, with the benchmark EGX 30 index adding 0.86 percent to 11,856 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) rose by 0.31 percent to 2,198 points, while the fixed-weighted index, EGX 30 Capped advanced by 0.52 percent to 14,125 points. In addition, the equal weights index, EGX 50 went up by 0.32 percent to 2,084 points.

The all-embracing index, EGX 100 surged by 0.37 percent to 3,244 points.

Market Cap

The country’s market capitalisation has posted gains worth 2.75 billion Egyptian pounds ($175 million), ending the trading at 751.138 billion pounds buoyed by local and Arab investors’ buying appetite.

Trading Aggregates

Trading value has approximately reached around 2.1 billion pounds, while the trading volume has almost recorded 878.397 million securities executed 41,843 transactions.

Egypt’s stock benchmark Egypt’s stock market