Market Commentary

25/01/2023

The local market headed north today with EGX30 surging 2.13% to close at 16,791.11pts, and ‎EGX70 adding 2.13% to close at 3,031.99pts. Over the week, EGX30 increased 4.51% and EGX70 surged 1.14%.

 Today’s turnover recorded EGP 2.55bn distributed over 495mn shares. Arab and Foreign investors stepped in as net buyers with EGP 132.45mn and EGP 151.24mn respectively, while Local investors stepped out as net sellers with EGP...

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