Egyptian Stock Index Hits 4 Trillion Pounds
At the beginning of the trading week, the Egyptian stock market indices rose, achieving profits of 60 billion Egyptian pounds and approaching a market capitalization of 4 trillion pounds, supported by purchases from Egyptian investors. The session saw notable increases in key indices such as "EGX 30" by 1.09% and "EGX 35" by 2.01%, with total trading value reaching 4.3 billion pounds. Additionally, companies like the Abu Dhabi Islamic Bank – Egypt announced strong financial results, recording a net income of 12.2 billion pounds up to June 2026, with profits increasing compared to the previous period. Other companies also experienced growth in revenue and profits, reflecting a positive market performance.
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