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Eid week sees 643B pounds influx as liquidity soars

Eid week sees 643B pounds influx as liquidity soars

The Egyptian stock exchange experienced a strong rebound in the first week after the Eid al-Adha holiday, with total trading value increasing to approximately 643.5 billion EGP, marking a 461% rise compared to the previous week. The trading volume also grew to 13.91 billion shares, and the number of executed transactions reached around 880,000. This surge in activity was primarily concentrated in the bond and treasury bill markets, which accounted for about 601.52 billion EGP of the total trading value. Additionally, the small and medium-sized enterprise (SME) market saw a significant growth in both trading value and transaction volume.

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