Friday 18 Oct
Talaat Moustafa Group's stock dominated the Egyptian Exchange's trading volume this week, accounting for a significant 7.7% of all transactions. TMG's stock recorded a trading value of 1.7 billion Egyptian pounds, closing at 61.80 Egyptian pounds.
Commercial International Bank
(CIB) followed in second place with a trading value of 1.6 billion Egyptian
pounds and a market share of 7.3%. Palm Hills Developments secured third place
with a trading value of 1.3 billion Egyptian pounds and a market share of 5.9%.
EFG Hermes Holding took fourth
place with transactions totaling nearly 1.1 billion Egyptian pounds and a
market share of 5%. Emaar Misr Developments (EMFD) rounded out the top five
with a trading value of 677.4 million Egyptian pounds and a market share of 3%.
The Egyptian Exchange concluded
Thursday's trading session with a collective increase in all indices. The EGX
30 main index closed up 1.24% at 31,720.5 points. The EGX SHARIAH index rose
3.09% to 3218.68 points. The EGX 70 EWI for small and medium-sized stocks
gained 1.51% to close at 7557.73 points. The broader EGX 100 index closed up
1.62% at 10,784.46 points.
The total trading value amounted to 3.8 billion Egyptian pounds, supported by a total of 107,751 transactions. The market capitalization of the Egyptian Exchange at the end of trading reached 2.2 trillion Egyptian pounds.
