Market Commentary

11/05/2021

The local market headed north today with EGX30 adding 0.77% to close at 10,767.84pts, and ‎EGX70 increasing 1.24% to close at 2,161.97pts. Over the week, EGX30 surged 1.7% and EGX70 increased 1.46%.

Today’s turnover recorded EGP 1,109.4mn distributed over 417.9mn shares. Local and Arab investors stepped in as net buyers with EGP 73.56mn and EGP 38.29mn respectively, while Foreign investors stepped out as net sellers with EGP...

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