Saturday 14 Dec

Stock Market

Orascom, Talaat Moustafa dominate stock market for second week


Orascom, Talaat Moustafa dominate stock market for second week

For the second consecutive week, Orascom Construction and Talaat Moustafa Group shares led the Egyptian Exchange in terms of trading activity. Together, these companies generated a combined trading volume of approximately 2.5 billion Egyptian pounds.

Orascom Construction PLC secured the top spot on the main market, excluding block deals. The company's shares traded at a value of 1.47 billion Egyptian pounds, with a volume of 4.9 million shares exchanged.

Talaat Moustafa Holding Company claimed the second position, recording a trading value of 1.07 billion Egyptian pounds and a volume of 18.5 million shares.

EFG Hermes Holding Group shares ranked third with a trading value of 911.6 million Egyptian pounds and a trading volume of 42.9 million shares.

Eastern Company for Carpets shares secured the fourth position with a trading value of 899.96 million Egyptian pounds with a volume of 28.97 million shares.

The Commercial International Bank-Egypt ranked fifth, with a trading value of 870 million Egyptian pounds and a trading volume of 11 million shares.

Palm Hills Development came in sixth, recording a trading value of 775 million Egyptian pounds and a volume of 137.8 million shares.