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EGX continues positive performance

EGX continues positive performance

ArabFinance: The Egyptian Stock Exchange’s (EGX) indices maintained its bullish performance for the fourth session on November 9th.

The benchmark index EGX 30 rose 1.48% to close at 10,838.66 points. 

The small and medium-sized enterprises index EGX 70 went up 2.38% to close at 1,913.83 points, while the broader index EGX 100 closed at 2,799.05 points, marking an increase of 2.43%.

Trading volume reached 458.085 million shares executed through 48,168 transactions, with a total value of EGP 1.359 billion. Market capitalization amounted to EGP 618.438 billion.

Egyptian investors made up 74.15% of total transactions, while foreign and Arab investors accounted for 20.28% and 5.57%, respectively.

Individuals represented 49.83% of total trades, while institutions contributed to 50.16%.

The top five performers by trading volume were Arabia Investments Holding (AIH)Egyptians for Housing and Development CompanyOrascom Investment Holding (OIH)Dice Sport and Casual Wear (DSCW), and Palm Hills Developments (PHD).

However, the worst top performers by price were Arab Company for Land Reclamation (EALR)El Badr Plastic Company (EBDP), Port Said for Agricultural Development and Construction (PSAD)Arab Development and Real Estate Investment (ADRI), and Speed Medical (SPMD).   



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