The Egyptian stock market recorded strong gains during trading this week and the “Tamayuz” index recorded the largest weekly jump of 13%, outperforming all indicators in the percentage of weekly increases.
According to the weekly report of the Egyptian Stock Exchange, the market capitalization of shares of listed companies increased by 1.77%, gaining around 13 billion pounds, after the market capitalization rose from the level of 432.7 billion pounds. at close of trading last week, around £ 745.7 billion at the close of trading yesterday.
In terms of indicators, the leading “EGX30” index rose by 1.58%, adding about 176 points, after moving from 11125 points at the close of trading last week to about 11301 points at the close of trading. today.
The “EGX50” index recorded a weekly increase of 2.87%, adding about 71 points, after having moved from the level of 2471 points to about 2542 points. The “EGX30” index with specific weights grew by 1.88%, adding about 254 points, going from the level of 13,440 points to the level of 13,694 points.
The “EGX30” total return index rose by 2.06%, adding about 89 points, to rise from the 4319 points level to about 4408 points. The index of equities of small and medium-sized enterprises “EGX70” of equal weight increased by 2.9%, adding 86 points, after having moved from the level of 2952 points to the level of 3038 points.
The broader “EGX 100” index of equal weights recorded a weekly increase of 2.57%, adding about 102 points, rising from the level of 3954 points to the level of 4056 points. The “Tamayouz” index also rose by 13%, adding around 485 points, after moving from the 3720 point level to the 4205 point level.
Finally, the government bond index rose 0.36%, adding about 4 points, to rise from the 1086 point level to around 1090 points.
The Egyptian Stock Exchange announced the list of stocks admitted to trading to three decimal places over the next week, based on Thursday’s closing prices, and included 51 companies.
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