Friday 03 Jan

Stock Market

Strong finish for Talaat Moustafa stock; 131% gain in 2024


Strong finish for Talaat Moustafa stock; 131% gain in 2024

Talaat Moustafa Group Holding (TMG) stock surged by 4.38% during the last trading session of 2024, closing the year at 56 Egyptian pounds. Trading volume reached 2.8 million shares, valued at 156.6 million Egyptian pounds, executed through 1301 transactions.

For the full year, TMG Holding stock delivered a remarkable 131% return, climbing from 24.150 Egyptian pounds to 56 Egyptian pounds. The Group's market capitalization reached 115.6 billion Egyptian pounds, solidifying its position as the largest listed real estate company on the Egyptian Exchange.