The Egyptian Stock Exchange ended the trading of Sunday’s session, the beginning of the week’s sessions, with a collective increase in indicators, driven by purchases of Arab dealers, amid high trading, and the market capital won 11 billion pounds to close at the level of 793. 024 billion pounds.
The “EGX 30” index increased by 1. 91% to close at the level of 11980 points, the “EGX 50” index rose by 1. 51% to close at the level of 2124 points, and the “EGX333” index jumped 1.
96% to close at the level of 14459 points, The EGX30 index increased 2. 14% to close at 4903 points.
The index of small and medium -sized companies “EGX 70 is equal to weights” increased by 2. 18% to close at 2279 points, and the “EGX 100 Equal weights” index rose by 1. 98% to close at 3340 points.
One of the reasons for the high indicators of the Egyptian Stock Exchange today is the liberalization of the exchange rate and made it flexible for demand and supply, and thus made shares more positive with the statements of the largest international banks Golden Man Saaks by inviting him to invest in the Egyptian stock exchange and considered them the most safe havens of high inflation.
The expert explained In a statement to “Al -Fajr” that the Sharm El -Sheikh conference has become a woman to the world, as it reflects the extent of the stability of the situation in Egypt, and therefore it is expected that the return of foreign investments will witness again after the exit of approximately $ 20 billion during the Ukrainian Russian war.
The expert added that the Redi index is expected to face resistance at 12,000 points, and if it is broken, the second point is 12300, then 12500 points in the short term..
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