Market watch: Egypt’s bourse main index ends Monday at lowest level in 10 days

Ahram Online , Monday 2 Oct 2023

The Egyptian Exchange (EGX) indices continued their declining trajectory on Monday. The benchmark index declined below 20,000 points for the first time in nearly 10 days.

EGX trading hall.
EGX trading hall. Ahram Gate.


Stock market

The benchmark index EGX30 decreased by 0.77 percent to reach 19,901.24 points.

The EGX70 index declined 1.06 percent to end at 3,749.07 points.

The EGX100 index went down by 1.2 percent to record 5,572.06 points.

The market capitalization lost EGP 12 billion, reaching nearly EGP 1,357 billion.

The biggest gainer for the day was Acrow Misr, jumping around 20 percent to close at EGP 31.96 per share.

The bourse's biggest loser for the day was Samad Misr) EGYFERT). The stock went down 15.08 percent to close at EGP 45.49 per share.

Gold prices

On Monday, a gram of 24-karat gold stood at EGP 2,440 for purchase.

A gram of 21-karat gold was valued at EGP 2,135.

The price of 18-carat gold reached EGP 1,830 per gram.

The gold pound settled at EGP 17,160.

*Prices reflect updates recorded as of midday.


With a buy rate of EGP 30.83 and a sell rate of EGP 30.96, the official rate between the EGP and USD remains stable.

The euro is valued at EGP 32.47 for purchasing and EGP 32.62 for selling.

The Saudi riyal is priced at EGP 8.22 for buying and EGP 8.25 for selling.

*Sources: The Central Bank of Egypt's official exchange rates.

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