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EGX continues positive trend

EGX continues positive trend

ArabFinance: The Egyptian Stock Exchange’s (EGX) indices maintained its positive performance for the second session on November 5th.

The benchmark index EGX 30 rose 0.70% to close at 10,630.69 points. 

The small and medium-sized enterprises index EGX 70 went up 0.60% to close at 1,861.13 points, while the broader index EGX 100 closed at 2,721.86 points, marking an increase of 0.54%.

Trading volume reached 239.984 million shares executed through 31,102 transactions, with a total value of EGP 878.904  million. Market capitalization amounted to EGP 609.628 billion.

Egyptian investors made up 95.97% of total transactions, while foreign and Arab investors accounted for 2.69% and 1.33%, respectively.

Individuals represented 16.50% of total trades, while institutions contributed to 83.49%.

The top five performers by trading volume were  Egyptians for Housing and Development CompanyArabia Investments Holding (AIH)Orascom Investment Holding (OIH)Porto Group (PORT), and Egyptian Iron and Steel Company (IRON)

However, the worst top performers by price were General Company for Land ReclamationM.B Engineering (MBEN)Rowad Tourism (ROTO)Port Said for Agricultural Development and Construction (PSAD), and Ismailia National Food Industries (Foodico(INFI).    

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