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Egyptian stocks hit new peak
The Egyptian stock market indices rose significantly during midday trading on Sunday, reaching a new record level near 56,700 points. At 12:30 PM, the main market index "EGX30" increased by 0.69% to reach 56,656 points. The mid and small-cap index "EGX70" also rose by 1.33% to 51,585 points, while the broader index "EGX100" gained 1.07% to reach 28,195 points. Approximately 2.4 billion shares were traded, valued at around 7.95 billion Egyptian pounds, across 210,600 transactions. During this session, 137 stocks advanced, 67 declined, and 19 remained stable.
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