Egyptian Stock Market Soars, Gaining EGP 24 Billion in a Single Session

The Egyptian Stock Exchange (EGX) experienced a significant surge in trading activity, closing the day with a collective rise in all major indices. The EGX30 index, the benchmark for the Egyptian market, climbed by 1.14%, ending the session at 30,709 points. This positive performance was driven by strong buying interest from both Arab and foreign investors. The EGX100 index also saw gains, rising by 0.9% to close at 10,135 points, while the EGX70 index increased by 0.8% to reach 7,072 points. The market capitalization reached EGP 2,099.146 trillion, representing a gain of EGP 24 billion from the previous session’s close.