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EGP maintains positive performance

EGP maintains positive performance

ArabFinance: The Egyptian Stock Exchange’s (EGX) indices continued its bullish trend for the third session on October 11th.

The benchmark index EGX 30 rose 0.29% to close at 11,360.37 points. 

The small and medium-sized enterprises index EGX 70 went up by 0.78% to close at 2,021.77 points, while the broader index EGX 100 closed at 2,961.01 points, marking a rise of 0.97%.

Trading volume reached 454.043 million shares executed through 49,891 transactions, with a total value of EGP 1.566 billion. Market capitalization amounted to EGP 632.555 billion. 

Egyptian investors made up 86.37% of total transactions, while foreign and Arab investors accounted for 3.61% and 10.02%, respectively.

Individuals represented 68.41% of total trades, while institutions contributed to 31.58%.

The top five performers by trading volume were Madinet Nasr Housing and Development (MNHD), Orascom Investment Holding (OIH)Porto Group (PORT)Medical Packaging Company (MEPA), and Dice Sport and Casual Wear (DSCW).

However, the worst top performers by price were Arab Aluminum Company (ALUM)the National Bank of Kuwait - Egypt (NBK Egypt), Arab Real Estate Investment Company (ALICO), Universal Unipack (UNIP), and El Ebour Company for Real Estate Investment (OBRI)(NBKE, ) 

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