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Stock rally: 6 shares hit highs
During the current week, the Egyptian stock exchange experienced notable increases, with six shares reaching new record price levels—whether the highest ever, the highest for the year, or the highest within the past three or six months. This reflects growing demand for certain stocks and an improved investor appetite in the market. Among the shares reaching record levels were Goldtex at 68.5 EGP, SODIC at 25.89 EGP, EGT Trans at 11.60 EGP, Iron and Steel for Mines and Quarries at 9.15 EGP, Global Investment and Development at 8.05 EGP, and RAKAZ Holding at 6.14 EGP. Additionally, other stocks achieved higher levels during various periods, with selective activity continuing and liquidity improving in the Egyptian market.
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