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EGX continues to see uptrend for 5th session

EGX continues to see uptrend for 5th session

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

The benchmark index EGX 30 rose 2.20% to close at 11,077.25 points. 

The small and medium-sized enterprises index EGX 70 went up 2.07% to close at 1,953.5 points, while the broader index EGX 100 closed at 2,863.3 points, marking an increase of 2.30%.

Trading volume reached 486.999 million shares executed through 54,991 transactions, with a total value of EGP 1.809 billion. Market capitalization amounted to EGP 627.945 billion.

Egyptian investors made up 77.51% of total transactions, while foreign and Arab investors accounted for 17.1% and 5.39%, respectively.

Individuals represented 55.08% of total trades, while institutions contributed to 44.91%.

The top five performers by trading volume were Orascom Investment Holding (OIH)Arabia Investments Holding (AIH), Egyptians for Housing and Development CompanyArab Cotton Ginning Company (ACGC), and Qalaa Holdings (CCAP)   

However, the worst top performers by price were Cairo Educational Services (CAED)Fawry for Banking and Payment Technology Services (FWRY),  Al Fanar for Contracting, Construction, Trade, Import, and Export Company (FNAR)M.B Engineering (MBEN), and  International Company for Medical Industries (ICMI.)     

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