The EGX30 benchmark index displayed a 0.66% rise, equivalent to 128.49 points, concluding the session at 19,668.82 points.
The Egyptian Exchange (EGX) kicked off the week on a positive note, with local buying activity contributing to an increase of approximately EGP 12.23 billion in market capitalization.
The EGX30 benchmark index displayed a 0.66% rise, equivalent to 128.49 points, concluding the session at 19,668.82 points.
Similarly, the EGX 70 index, which encompasses small and mid-cap stocks, experienced a 0.40% uptick, representing a gain of 15.39 points, concluding at 3,854.39 points.
The broader EGX 100 index also witnessed growth, with a 0.58% increase equaling 32.99 points, concluding at 5,682.36 points.
This positive momentum resulted in market capitalization reaching approximately EGP 1.326 trillion, up from EGP 1.314 trillion in the previous Thursday's session, marking a substantial gain of EGP 12.23 billion.
Trading activity during the session involved the exchange of 834.16 million shares across 77,898 transactions, amounting to a turnover of EGP 2.02 billion.
Egyptian investors exhibited net buying behavior with an acquisition of EGP 45.04 million worth of shares. In contrast, Arab and foreign investors displayed net selling tendencies, with respective amounts of EGP 21.59 million and EGP 23.45 million.
Notable performers during the session included Egyptian for Tourism Resorts, Arabian Food Industries DOMTY, and Egyptian Gulf Marseilia For Real Estate Investment, posting gains of 11.74%, 10.82%, and 7.52%, respectively.
Conversely, Copper for Commercial Investment & Real Estate Development, Prime Holding, and Delta For Printing & Packaging experienced declines of 6%, 5.43%, and 2.75%, respectively.
