Latest news with #EGX30


Zawya
21-07-2025
- Business
- Zawya
Egypt: EGX ends Sunday's session in green zone
Arab Finance: The Egyptian Exchange (EGX) closed Sunday's trading session with a positive performance, with the EGX30 rising by 0.74% to 34,071 points. The Sharia-compliant index, EGX33 Shariah index, went up by 0.92% to 3,524.34 points. Both the EGX70 index as well as the EGX100 index also ended the session higher by 1.68% at 10,298.03 points and by 1.50% at 13,937.27 points, respectively. The turnover stood at EGP 6.314 billion through the exchange of 2.062 billion shares over 136,830 transactions, while market capitalization reached EGP 2.409 trillion. Retail investors took over 62.82% of the total trading, while the institutions represented the remaining 37.17%. Egyptian investors controlled 75.54% of trading transactions, whereas Arab and foreign traders accounted for 22.93% and 1.53%, respectively. Arab investors were net sellers with EGP 1.167 billion. The Egyptian and foreign traders were buyers with EGP 1.149 billion and EGP 17.833 million, respectively. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


See - Sada Elbalad
20-07-2025
- Business
- See - Sada Elbalad
EGX Concludes Week's First Session with Collective Gains ... Market Cap Gains EGP 16.9 Bln
Taarek Refaat The Egyptian Stock Exchange (EGX) wrapped up its first trading session of the week with broad-based gains, propelled by strong buying activity from both domestic and foreign investors. The market cap saw an impressive rise of EGP 16.9 billion, closing the day at a total of EGP 2.409 trillion. The benchmark index "EGX30" ended the session up by 0.74%, reaching 34,071 points. This positive movement was a clear indication of investor confidence in the market, reflecting an optimistic outlook despite global economic uncertainties. In tandem with the main index "EGX70", which tracks the performance of smaller and mid-sized stocks, surged by 1.68%, closing at 10,298.03 points. The EGX100, which represents a broader spectrum of listed stocks, also gained by 1.5%, settling at 13,937.27 points. The collective growth in indices today is attributed to favorable market conditions, alongside active participation from institutional investors and foreign traders. As the Egyptian economy continues to recover from various challenges, the positive momentum in the stock market indicates a promising outlook for the coming weeks. Experts remain optimistic about the stability and growth prospects of the Egyptian market, particularly with the recent fiscal reforms and economic policies aimed at enhancing investor confidence and boosting economic performance. As we head into the rest of the week, all eyes will be on global economic developments and their potential impact on the local market. However, the solid performance on this first session sets a positive tone for investors looking to capitalize on the opportunities presented by the Egyptian stock exchange. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Arts & Culture "Jurassic World Rebirth" Gets Streaming Date Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Sports Get to Know 2025 WWE Evolution Results News Flights suspended at Port Sudan Airport after Drone Attacks


Zawya
18-07-2025
- Business
- Zawya
Egypt: EGX ends Thursday's session in green zone
Arab Finance: The Egyptian Exchange (EGX) closed Thursday's trading session with a positive performance, with the EGX30 rising by 1.04% to 33,821.03 points. The Sharia-compliant index, EGX33 Shariah index, went up by 0.63% to 3,492.38 points. Both the EGX70 index as well as the EGX100 index also ended the session higher by 0.08% at 10,127.66 points and by 0.25% at 13,731.39 points, respectively. The turnover stood at EGP 4.472 billion through the exchange of 1.263 billion shares over 102,315 transactions, while market capitalization reached EGP 2.392 trillion. Retail investors took over 74.36% of the total trading, while the institutions represented the remaining 25.63%. Egyptian investors controlled 86.17% of trading transactions, whereas Arab and foreign traders accounted for 4.57% and 9.25%, respectively. Arab investors were net sellers with EGP 100.296 million. The Egyptian and foreign traders were buyers with EGP 60.874 billion and EGP 39.422 million, respectively. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


Zawya
15-07-2025
- Business
- Zawya
Egypy: EGX ends Monday's session in green zone
Arab Finance: The Egyptian Exchange (EGX) closed Monday's trading session with a positive performance, with the EGX30 rising by 2.04% to 33,727.44 points. The Sharia-compliant index, EGX33 Shariah index, went up by 1.03% to 3,483.32 points. Both the EGX70 index as well as the EGX100 index also ended the session higher by 0.89% at 10,196 points and by 1.21% at 13,787.99 points, respectively. The turnover stood at EGP 4.594 billion through the exchange of 1.431 billion shares over 110,184 transactions, while market capitalization reached EGP 2.382 trillion. Retail investors took over 75.29% of the total trading, while the institutions represented the remaining 24.70%. Egyptian investors controlled 88.26% of trading transactions, whereas Arab and foreign traders accounted for 6.1% and 5.65%, respectively. Foreign investors were net sellers with EGP 12.500 million. The Egyptian and Arab traders were buyers with EGP 10.719 billion and EGP 1.780 million, respectively. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


See - Sada Elbalad
09-07-2025
- Business
- See - Sada Elbalad
Stock Exchange Closes on Mixed Note; EGX30 Edges Higher amid Foreign Buying
Taarek Refaat Egypt's stock market (EGX) ended Wednesday's session on a mixed note, with the benchmark index EGX30 standing out as the only gainer, buoyed by foreign and Arab investor appetite. In contrast, broader indices saw mild declines under pressure from local selling activity. The EGX30 index rose 0.25% to close at 33,119 points, continuing its upward trajectory driven by strategic buying in blue-chip stocks. Meanwhile, the EGX70, which tracks small and medium-sized enterprises (SMEs) slipped 0.38% to 10,085 points. The broader EGX100 index posted a marginal decline of 0.05%, ending the session at 13,652 points. Investor Activity Local investors adopted a risk-off approach, emerging as net sellers with total outflows amounting to EGP 55.8 million. On the other hand, Arab and foreign investors were net buyers, injecting EGP 33.09 million and EGP 22.7 million, respectively, into the market. Trading Overview Total trading value: EGP 4.1 billion Number of executed transactions: 91,739 Listed companies traded: 212 Market cap: EGP 2.3 trillion The session saw 64 stocks gain, 115 decline, and 34 remain unchanged, reflecting a cautious trading environment amid economic crosswinds and anticipation of upcoming macroeconomic data. Market Sentiment Analysts note that the resilience of EGX30, despite broader weakness, highlights investor confidence in heavyweight stocks, particularly those benefiting from currency hedging and export-driven earnings. The foreign buying streak also signals renewed interest in Egyptian equities as regional investors seek diversification and yield opportunities. The Stock Exchange has resumed full trading operations after a temporary suspension triggered by a major fire at the Ramses Central Telecommunications Center, one of Cairo's most critical infrastructure hubs. The blaze, which broke out early Tuesday, caused widespread disruption to internet and landline communications, affecting financial institutions, brokerage firms, and retail investors nationwide. The incident highlighted the vulnerabilities of Egypt's digital infrastructure and its central role in capital market operations. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean