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EGX maintains uptrend

EGX maintains uptrend

ArabFinance: The Egyptian Stock Exchange’s (EGX) indices saw a positive trend for the second day on November 17th.

The benchmark index EGX 30 rose 0.66% to close at 10,991.61 points. 

The small and medium-sized enterprises index EGX 70 went up 0.97% to close at 2,016.46 points, while the broader index EGX 100 closed at 2,958.73 points, marking a rise of 1.21%.

Trading volume reached 719.680 million shares executed through 57,284 transactions, with a total value of EGP 2.190 billion. Market capitalization amounted to EGP 636.208 billion.

Egyptian investors made up 73.97% of total transactions, while foreign and Arab investors accounted for 14.4% and 11.63%, respectively.

Individuals represented 49.41% of total trades, while institutions contributed to 50.58%.

The top five performers by trading volume were Porto DevelopmentsEgyptians for Housing and Development CompanyDice Sport and Casual Wear, Qalaa Holdings (CCAP), and Orascom Investment Holding.

However, the worst top performers by price were Middle and West Delta Flour MillsGeneral Company for Land ReclamationNozha International HospitalArab Company for Land Reclamation, and Raya Holding for Financial Investments

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