Egyptian stock market achieves green week; EGX100 reaches all-time high

Muhammed Khalid , Thursday 8 Jun 2023

The Egyptian Exchange's (EGX) indices saw a very positive performance over the week, except for the benchmark, while the market cap lost EGP 3.7 billion.

File Photo: The Egyptian Exchange (EGX). Al-Ahram
File Photo: The Egyptian Exchange (EGX). Al-Ahram


Main indices

The benchmark index, EGX30, inched down 0.07 percent in a week, closing at 17,521.36 points.

The small- and medium-sized enterprises index, EGX70, jumped 11 percent, standing at 3,652.5 points.

The EGX100 surged by 8.2 percent to hit 5,333.34 points, reaching an all-time high, while the EGX50 edged lower 0.6 percent to end at 3,208.04 points.


Trading volume & value

Over the week, market capitalization reached EGP 1.136 trillion, down by around EGP 4 billion from EGP 1.140 trillion last week.

Trading volume grew by 7 percent to 983.14 million shares at the end of the week, compared to 919.12 million last week. By Thursday, the turnover reached EGP 2.37 billion, generated through 88,004 transactions.

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