The Egyptian Exchange ended Sunday’s session with broad-based gains, as the benchmark EGX30 index closed above the 54,000-point level for the first time in its history.
The EGX30 rose 1.9% to close at a record 54,628.68 points, supported by strong performance from blue-chip stocks led by Commercial International Bank, which gained 1.35% to close at EGP143.5 per share.
Shares of Talaat Moustafa Group also climbed 1.88% to close at EGP100 per share.
The EGX70 index for small- and mid-cap stocks advanced 1.4% to 14,702.74 points, while the broader EGX100 index gained 1.72% to close at 20,553.51 points.
Market capitalization increased to around EGP3.8 trillion, up from EGP3.75 trillion at the close of Wednesday’s session before the Labour Day holiday.
Total trading value reached approximately EGP30.8 billion, with trading volume standing at around 2.7 billion securities.
Egyptian investors accounted for 89.9% of total trading in listed shares, while foreign and Arab investors represented 4% and 6.2%, respectively.
Foreign investors recorded net purchases worth EGP185.3 million, while Arab investors posted net sales of EGP238.4 million.