🇪🇬EgyptNorth Africa
Egyptian Exchange closes higher, market capitalization gains LE 25 billion
via Egypt Today1 min read
The Egyptian Exchange EGX concluded Tuesday's trading session with an increase, as its total market capitalization grew by approximately LE 25 billion, reaching LE 3.577 trillion. This positive movement was primarily fueled by buying activity from institutions. The total trading value for the day amounted to about LE 275.2 billion, which included transactions for bonds, treasury bills, and ownership transfers, with equity trading specifically accounting for LE 10.5 billion. The market's upward trend was supported by net purchases from Egyptian and foreign institutions and investment funds. Conversely, Arab institutions and retail investors, along with Egyptian and Arab individuals, showed a tendency towards selling. Individually, the EGX30 index saw a rise of 0.32 percent, closing at 51,977.34 points. The EGX70 index increased by 1.02 percent to 13,639.8 points, and the broader EGX100 index advanced by 1.05 percent, finishing at 19,058.47 points.
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This summary was AI-generated from a story originally published by Egypt Today.
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