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اليوم السابع
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No bubble despite 5bn pounds in developer shares
Data showed that the Egyptian stock exchange experienced high activity in the shares of leading real estate developers, with a value exceeding 5 billion Egyptian pounds during this week. The real estate sector topped the trading value, reaching approximately 5.86 billion pounds through 3.23 billion shares in 152,750 transactions. Additionally, the non-banking financial services sector recorded trades worth 5.58 billion pounds, and the construction and engineering sector totaled 4.48 billion pounds. The trading focused on the real estate, financial services, and construction sectors, reflecting investors' confidence in the shares of major developers and indicating the absence of a market bubble.
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