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EGX market cap exceeds EGP 1.1 trillion for first time

EGX market cap exceeds EGP 1.1 trillion for first time

January 29, 2023
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EGX market cap exceeds EGP 1.1 trillion for first time

by Gazette Staff
January 29, 2023
in Business
EGX market cap exceeds EGP 1.1 trillion for first time 12 - Egyptian Gazette
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For the first time in its history, the Egyptian Exchange (EGX) market capital exceeded on Sunday EGP 1.1 trillion prompted by strong activities of major stocks in the banking, communications, real estate and industrial domains.

EGX indexes went up at the beginning of this week trading as EGX 30 benchmark index ratcheted up by 2.5 percent to close at 17,201.22 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SMEs) increased by 1.01 percent to close at 3062.75 points.

Tags: EGXEgyptmarket

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