2024/07/07

Talaat Moustafa stock tops active stocks on the exchange in a week

Ten stocks dominated the trading on the stock exchange during the week ending Thursday.

Leading the pack was Talaat Moustafa Group (TMG) with a trading value of 1.8 billion Egyptian pounds. The trading volume reached 30.4 million shares, capturing a market share of 5.82%.

El Sewedy Electric came in second with a trading value of 1.5 billion Egyptian pounds. The trading volume for this company was 31 million shares.

The Commercial International Bank (CIB) secured the third position with a trading value of 1.24 billion Egyptian pounds. The trading volume for COMI reached 15.9 million shares.

Fawry ranked fourth with a trading value of 744 million Egyptian pounds. The trading volume for Fawry hit 113 million shares.

Palm Hills Developments rounded out the top five with a trading value of 599 million Egyptian pounds. The trading volume for PHDC reached 136 million shares.

NHRK stock ranked sixth in active trading, with trading value of 487 million Egyptian pounds and trading volume of 896 million shares

Seventh comes EFG Hermes (HRMS) with trading value 487 million Egyptian pounds and trading volume of 24 million shares. EMAAR Misr Stock Ranked Eighth in Active Trading, with Trading Value of 448 Million Egyptian Pounds and Trading Volume of 65 Million Shares.

Abu Qir Fertilizers and Chemicals Company (ABQK) ranked ninth with trading value of 421 million Egyptian pounds and trading volume of 7 million shares, while Ibn Sina Pharma (ISPH) came in the tenth position with trading value of 359 million Egyptian pounds and trading volume of 118 million shares.

The Egyptian Exchange (EGX) enjoyed a strong week ending Thursday, July 7, 2024. The market capitalization of listed stocks surged by 37 billion Egyptian pounds, reaching a new high of 1.908 trillion Egyptian pounds. This represents a 2% gain compared to the previous week's closing market capitalization of 1.871 trillion Egyptian pounds.