Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

EGX Records Strong Gains by End of Trading

Wed 07 Feb 2024 | 09:57 PM
The Egyptian Stock Exchange (EGX) headquarters, Cairo. (File Photo)
The Egyptian Stock Exchange (EGX) headquarters, Cairo. (File Photo)
Taarek Refaat

The Egyptian Stock Exchange (EGX) achieved strong gains at the end of trading on Wednesday, supported by intense purchases of stocks in several sectors, especially banks, real estate and communications.

The market cap of shares of companies listed on the stock exchange amounted to about EGP 23.7 billion, closing at the level of EGP 1.968, after total trades amounted to EGP 35.7 billion, which included EGP 29.5 billion in bond and treasury bill market transactions.

The main index "EGX 30" jumped by 2.33%, recording 27,905.95 points. The small and medium stock index "EGX/70" also increased by 0.13%, reaching 6,768.52 points, and the broader EGX 100 index added 0.26% to its value, cecording 9510.84 points at closing.