Stock index gains after today's close
The Egyptian stock exchange witnessed a rise in market indices by the end of today's trading session, with the main EGX 30 index increasing by 1.61% to reach 53,911 points. The small and medium-sized companies index, EGX 70, grew by 3.04%, and the broader EGX 100 index rose by 2.77%. Egyptian investors recorded a net purchase value of 301.8 million Egyptian pounds, while foreign and Arab investors had net sales of 222.4 million and 79.3 million pounds, respectively. Among the top gainers were Egypt Beni Suef Cement, which increased by 20%, Al Obour Real Estate Investment by 16.05%, and Egypt Qena Cement by 15.92%. Conversely, the most declined stocks were National Printing at 3.29% and Marsa Marsa Alam Tourism Development at 3.16%. The market anticipates regaining momentum and possibly a new upward wave, supported by continued positive performance of the indices.
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