Egypt’s Stock Market Closes in Positive Territory

On Sunday, Egypt’s stock market concluded in the green, with the main index, EGX30, rising by 0.33 percent to 24,804.64, gaining 81.82 points. The small to mid-size enterprises’ index, EGX70, experienced a 1.54 percent increase, reaching 5,447.82 and adding 82.56 points. EGX100 also soared by 1.40 percent to 7,877.07, acquiring 108.54 points. The market cap in Egypt was recorded at 1.682 trillion Egyptian pounds.

Despite Arab and foreign transactions leaning towards selling with totals of 23.6 million pounds and 11.9 million pounds, respectively, Egyptians’ transactions favored buying with a total of 35.5 million pounds. The end-of-day exchange reached 2.8 billion pounds, with 1.49 million securities executed in 119 thousand transactions.

Notable performers included El Kahera El Watania Investment (KWIN.CA), which rose by 19.30 percent, closing at 12.24 pounds, and Golden Textiles and Clothes Wool (GTWL.CA), which jumped by 14.61 percent, closing at 28.62 pounds. Egyptian Media Production City Co (MPRC.CA) climbed by 13.9 percent, with a purchasing price of 23.1 pounds, while Arab Cotton Ginning (ACGC.CA) soared by 12.62 percent, closing at 5.8 pounds.

However, some stocks experienced declines, with El Nasr for Manufacturing Agricultural Crops (ELNA.CA) dropping by 4.12 percent to close at 17.240 pounds. Nozha International Hospital (NINH.CA) declined by 3 percent at the price of 9.5 pounds. Egyptian Modern Education Systems (MOED.CA) fell by 2.89 percent at the price of 0.33 pounds, and Egyptians for Investment and Urban Development (EIUD.CA) declined by 2.24 percent, closing at 0.56 pounds.



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