Market watch: EGX indices ends Monday in green; gold prices rise

Ahram Online , Monday 13 Nov 2023

The Egyptian Exchange (EGX) indices ended in the green on Monday after achieving mixed performance yesterday. Gold prices rose and the 24-carat gram returned to EGP 3,000.

AI generated photo.
AI generated photo showing gold coins and USD notes. Photo: DALL E 2 by Open AI.

Stock market

The EGX30 index edged up 0.19 percent, settling at 23,954.96 points.

The EGX70 index grew 1.25 percent, ending at 4,791.36 points.

The EGX100 index increased by 0.87 percent to close at 7,020.85 points.

The market capitalization inched higher around EGP 1.5 billion, ending at around EGP 1,614.7 billion.

Nasr Company for Civil Works was the biggest winner in the market for the second session in a row, surging 13.72 percent to close at EGP 5.47 per share.

The greatest loser in the market was Alexandria Pharmaceuticals, whose stock fell 9.70 percent to EGP 149.22 per share.

Gold purchase prices

The purchase price of 24-carat gold reached EGP 3,000 per gram, EGP 44 higher than on Sunday.

The 21-carat gold price increased by EGP 30 to EGP 2,625 per gram.

The 18-carat gold price edged EGP 26 higher to EGP 2,250 per gram.

The price of the gold pound coin rose by EGP 240, recording EGP 21,000 for purchase.

*Prices reflect updates recorded as of midday.


With a buy rate of EGP 30.8306 and a sell rate of EGP 30.9586, the official EGP/USD exchange rate remains stable.

The euro is valued at EGP 32.9301 for purchase and EGP 33.0792 for sale.

The Saudi riyal is priced at EGP 8.2193 to buy and EGP 8.2539 to sell.

*Sources: The Central Bank of Egypt's official exchange rates, the Egyptian Exchange, and Egypt Gold Price Today.

Short link: