Egyptian stocks retain strong weekly performance; Market cap rises EGP 35 bln
Friday، 02 June 2023 - 11:13 AM
The Egyptian Exchange's (EGX) indices saw very active trading during the week ending 1 June, while the market capitalization gained EGP 35 billion.
"Strong trading by Egypt and Arab intuitions and individuals pushed the market higher this week. The real estate, petrochemicals, and the non-banking financial stocks led the benchmark to break above 17,750 points by mid-week," Mohamed Atta, trader manager at Universal Brokerage said.