Early Week Trading Yields Billions for Egyptian Stock Exchange and Collective Index Growth

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The Egyptian Stock Exchange indices closed collectively on Sunday, driven by buying from Arab and foreign institutions and investment funds, while transactions by local institutions tended to sell.

Thus, the market capital of shares of companies listed on the stock exchange was able to raise about 6 billion pounds, reaching the level of 1.134 trillion pounds, against the backdrop of a total amount of transactions of 7.8 billion pounds, including transactions in the main dealer market. and property transfer transactions, while stock market transactions amounted to around £5.5 billion.

The main index of the Egyptian Stock Exchange “EGX” 30 rose by 0.57 percent, finishing trading at 17,369.13 points. The EGX 70 Small and Medium Equity Index rose 1.17% to close at 3,097.39, including the broader EGX 100, which added about 1.17% to close at 4,695 .86 points.

Source: “Maspero”

Brice Foster
With over a decade of experience, Brice Foster is an accomplished journalist and digital media expert. In addition to his Master's in Digital Media from UC Berkeley, he also holds a Bachelor's in Journalism from USC. Brice has spent the past five years writing for WS News Publishers on a variety of topics, including technology, business, and international affairs.

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