Egyptian Stocks Rally as Market Gains Exceed EGP 31 Billion

The Egyptian Exchange closed Sunday’s trading session on a broad upward trajectory, with all major indices posting gains amid renewed investor optimism and strong buying activity across sectors.

Market capitalization surged by approximately EGP 31.1 billion, ending the session at EGP 3.57 trillion. The sharp increase reflects a wave of active purchases that lifted valuations and reinforced positive momentum in the market.

The benchmark EGX30 rose by 1.82% to close at 52,372 points, while the EGX30 Capped advanced 1.93% to 63,345 points. Similarly, the EGX30 TR, which measures total shareholder returns, climbed 1.82% to settle at 24,195 points.

Gains extended to the small- and mid-cap segment, where the EGX70 edged up 0.31% to 13,426 points. The broader EGX100 also recorded a 0.42% increase, closing at 18,827 points.

The session’s across-the-board rise suggests a modest recovery in risk appetite among investors, with market participants showing increased confidence in equities following recent fluctuations.