The Egyptian Stock Exchange gained EGP 27 billion

 The Egyptian Stock Exchange gained EGP 27 billion

 The Egyptian Stock Exchange gained EGP 27 billion in the week following the Ramses Central Fire.

The Egyptian Stock Exchange ignored the repercussions of the Ramses Central Fire, which caused a midweek disruption to telephone and internet networks. The market capitalization of listed companies recorded a weekly increase of 1.1%, with gains approaching EGP 27 billion, after closing the week at EGP 2.365 trillion.

The market capitalization of the main index rose from EGP 1.340 trillion to EGP 1.361 trillion, a growth rate of approximately 1.6%. The market capitalization of small and medium-sized companies rose from EGP 439.1 billion to EGP 445.9 billion, a growth rate of approximately 1.6%.

The market capitalization of the broader index also rose from EGP 1.779 trillion to EGP 1.807 trillion, a growth rate of 1.6%. The Nile Stock Exchange's market capitalization increased from EGP 2.1 billion to EGP 2.3 billion, a growth rate of 6%.

Regarding indices, during the week's trading, the main index, the EGX 30, rose by 1.54% to close at 33,324 points. The small and medium-sized enterprises (SMEs) index, the EGX 70 Equal Weight, rose by 1.25% to close at 10,131 points. The EGX 100 Equal Weight index rose by 1.52% to close at 13,703 points. The EGX 30 Capped index rose by 1.69% to close at 41,469 points. The Tamyaz index jumped by 4.97% to close at 15,033 points.

The week's sessions witnessed a decline in the total trading value on the Egyptian Exchange to EGP 326.6 billion, while trading volume reached approximately 7.115 billion shares executed through 431,000 transactions. This compares to a total trading value of EGP 500.3 billion and a trading volume of 8.054 billion shares executed through 504,000 transactions during the previous week.

The total trading volume for companies listed on the Exchange's indices was distributed as follows: EGP 7.7 billion in shares of the main index, with a trading volume of 774.3 million shares executed, and 130,200 transactions.

The trading value of shares in the 70 Index reached approximately EGP 7.5 billion, with a trading volume of 4.6 billion shares executed through 177,800 transactions. Trading volume in the broader index reached approximately EGP 15.2 billion, with a trading volume of 5.3 billion shares executed through 308,000 transactions. Stocks accounted for 6.32% of the total trading value on the exchange, while bonds and treasury bills accounted for 93.68%.