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Stocks hit record trading volume and market cap
The Egyptian Stock Exchange achieved its highest-ever trading value in a single session, reaching 15.6 billion Egyptian pounds through over 334,000 transactions and 3.1 billion shares, with the market capitalization rising to 4.022 trillion pounds, setting a new record. Despite mixed performance among indices, with the EGX 30 down by 0.35%, small and mid-cap indices and EGX 100 increased by 1.36% and 1.28%, respectively. Additionally, the top-performing stocks recorded gains of up to 20%. Arab investors tended to sell, with a net outflow of 139.3 million pounds, while Egyptians and foreigners bought stocks with net figures of 74.9 million and 64.3 million pounds, respectively.
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