Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Egyptian Stock Exchange Ends Trading at Historic Levels with Market Gains of about EGP 9bn


Tue 17 Oct 2023 | 06:49 PM
Taarek Refaat

The Egyptian Stock Exchange (EGX) indices ended trading Tuesday at a collective increase; with market gains of about EGP 9 billion, and trading values that exceeded the barrier of EGP 5 billion.

The main stock index "EGX30" jumped by about 4.95%, closing at 22,073 points.

The EGX70 index for small and medium-sized stocks rose by about 1.66% to 3871 points.

The broader "EGX100" rose by about 2.97% to 5,949 points.

The total value of trading in shares amounted to EGP 5.25 billion, and the number of shares traded reached 201 shares, of which 107 shares rose, 43 shares declined, while 51 shares remained unchanged.

The market capitalization of registered shares reached EGP 9 billion, closing at EGP 1.504 trillion, compared to EGP 1.445 trillion, the previous closing level.

Egyptian and foreign investors' transactions tended towards selling with a net value of EGP 88.35 million and EGP 88.51 million, respectively, compared to a net purchase by Arab investors of EGP 176.87 million.