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EGX indices see bullish trend

EGX indices see bullish trend

ArabFinance: The Egyptian Stock Exchange’s (EGX) indices saw a positive performance on November 16th.

The benchmark index EGX 30 rose 0.35% to close at 10,991.61 points. 

The small and medium-sized enterprises index EGX 70 went up 0.33% to close at 1,997.01 points, while the broader index EGX 100 closed at 2,923.36 points, marking a rise of 0.40%.

Trading volume reached 365.876 million shares executed through 45,146 transactions, with a total value of EGP 1.457 billion. Market capitalization amounted to EGP 630.334 billion.

Egyptian investors made up 40.05% of total transactions, while foreign and Arab investors accounted for 57.85% and 2.09%, respectively.

Individuals represented 26.13% of total trades, while institutions contributed to 73.86%.

The top five performers by trading volume were Egyptians for Housing and Development CompanyArabia Investments Holding (AIH)Dice Sport and Casual Wear (DSCW)Porto Developments, and Ghabbour Auto (GB Auto).   

However, the worst top performers by price were Alexandria Portland Cement Company, Orange Egypt for Telecommunications, Torah Cement, Kafr el Zayat Pesticides, and Cairo Educational Services.  

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