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Egypt stocks mixed midday as index surpasses 54,700

Egypt stocks mixed midday as index surpasses 54,700

The Egyptian stock market indices experienced varying performance during midday trading on Wednesday. The EGX30 index surpassed the 54,700-point level, rising by 0.41% to 54,723 points. The small and medium-sized companies index, EGX70, increased by 0.51% to reach 19,696 points, while the broader EGX100 index went up by 0.13% to 25,791 points. A total of 1.8 billion shares were traded with a value of 7.4 billion Egyptian pounds across 172,500 transactions. Among the stocks, 134 advanced, 62 declined, and 23 remained unchanged. This performance reflects notable movements in the Egyptian market amid mixed stock activity and shifts driven by current market conditions.

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