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The Egyptian Stock Exchange started the trading session today, Thursday, at the end of the week’s sessions, with a collective increase for all indicators, and the market capital gained around £ 6 billion after 20 minutes from the start of the trading session to reach the level of £ 550.120 billion.
The “EGX30” index increased 2.01% to the level of 9998 points, and the “EGX50” index increased 1.87% to reach the level of 1513 points, and the “EGX 30 Weighted Index” index increased 1, 65% to reach the level of 11,634 points, The EGX 30 index of total performance increased 1.78% to the level of 3789 points.
The “EGX70 Equal Weights” index of medium and small companies increased 1.66% to reach the level of 1125 points, and the “EGX 100” index increased 1.14% to reach the level of 1085 points.
In a related context, the purchase dominated the transactions of internal and major shareholders and groups associated with them in companies that have securities on the Egyptian Stock Exchange, during yesterday’s session Wednesday, as a group linked to the Compañía Nacional Ismailia Food Industries-Foodico bought 3 thousand shares, and the Board of Directors of Nasr City for Housing and Development bought 20 thousand shares, and one of the main shareholders of Emerald Real Estate Investment bought 5 shares.
In another context, the management of the Egyptian Stock Exchange decided, during the trading session on Thursday, to stop trading the shares of 9 companies for 10 minutes, exceeding the 5% rate.
The list of companies that were suspended from trading on the order included Beltone Financial Holding, Egyptians for Investment and Urban Development, Universal for the manufacture of packaging materials and paper-Unipack, the channel for shipping agencies, Golden Coast El Sokhna for tourism investment, Mine for tourism and property investment, Arab cotton ginning, construction and engineering consulting, Egypt for the chemical industry.