Egyptian Stocks Today: EGX30 Rises to 41,495 Points; Cobra Investment Surges 20%

Cairo | EcoPulse24

The Egyptian stock exchange opened today on a limited upward trend, as the EGX30 index rose during trading to 41,495.04 points, recording gains of about 0.35%, according to indicator screen data. The index moved within a daily trading range between 41,348.38 points (low) and 41,508.39 points (high), after starting near 41,348.38 points.

In the Egyptian financial market, the trading totals indicated approximately 44,086 transactions across the entire market, with a trading volume of 766,728,039 shares and a total trading value of 4,186,316,920 Egyptian pounds. Specifically in the stock market, 42,794 transactions were recorded on 215 companies, with a volume of 761,293,435 shares and a value of 2,690,230,896 Egyptian pounds.

The market screen showed that the market capitalization reached approximately 2,950,533,588,833 Egyptian pounds.

Top Gainers in the Egyptian Stock Market

The following stocks topped the list of the highest gains:

• Cobra for Investment and Real Estate Development: Closed at 0.348 EGP, up 20.00% (from 0.290).
• General Ceramics and Porcelain Products: At 17.000 EGP (+9.68%).
• Maro Group for Medical Supplies – Maro Capital: At 1.140 EGP (+5.56%).
• Egyptian Real Estate Group: At 1.350 EGP (+5.47%).
• Arab Ceramics – Rimass Ceramics: At 1.260 EGP (+5.00%).

Top Losers in the Stock Market

• Modern Education Systems: At 0.937 EGP (-5.26%).
• Arab Cement: At 48.200 EGP (-4.72%).
• Prime Holding Group: At 0.093 EGP (-4.12%).
• Arab Developers Holding: At 0.221 EGP (-3.49%).
• National Company for Agricultural Products: At 43.190 EGP (-3.49%).

The movement of Egyptian stocks today reflects a state of anticipation in trading, with continued focus on active stocks and movements in the main index, alongside investors' monitoring of liquidity trends between leading stocks and speculative shares.