Egypt’s stocks start week in green, benchmark EGX 30 gains 0.87%

By Amwal Al Ghad English On Jul 4, 2021

Egypt’s stock exchange’s (EGX) indexes finished trading higher on Sunday, with the benchmark EGX 30 index surging 0.87 percent to 10,345 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) advanced 1.25 percent to 2,352 points, while the fixed-weighted index, EGX 30 Capped added 0.94 percent to 12,933 points. The all-embracing index, EGX 100 climbed 1.14 percent to 3,316 points. Meanwhile, the equal weights index, EGX 50 gained 1.12 percent to 2,179 points.

Egypt announced Thursday, July 1 a national holiday on the anniversary of the 30 June Revolution. Banks and the Egyptian Exchange were closed on that day.

Market Cap

The country’s market capitalisation has on Sunday posted gains worth around 5.4 billion Egyptian pounds ($344.6 million), ending the trading at 672.684 billion pounds buoyed by foreign investors’ buying appetite.

Trading Aggregates

Trading value has approximately reached around 1.8 billion pounds, while the trading volume has almost recorded 397.816 million securities executed 38,688 transactions.

EGX EGX 100 EGX 30 EGX 30 Capped EGX 30 Index EGX 50 EGX 70 Egypt’s stock benchmark