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Real estate tops the list of sectors traded on the stock exchange, with a value of EGP 1.5 billion


The real estate sector topped the ranking of the sectors traded on the Egyptian Stock Exchange, in terms of trading value during last week’s sessions, after it recorded a trading volume of 607.6 million notes, worth 1.5 billion pounds. The non-banking financial services sector ranked third, with a trading volume of 423.2 million papers, worth 852.5 million pounds, followed by the basic resources sector, with a trading volume of 85.1 million papers, valued at 757.2 million pounds, then the textiles and durable goods sector, with a trading volume of 388.9 million papers, with a value of 706.6 one million pound.

In sixth place, the communications, media and information technology sector came in with a trading volume of 521 million executed papers, worth 480.1 million pounds, then the food, beverages and tobacco sector, with a trading volume of 158.1 million papers executed, worth 391.9 million pounds, then the tourism and entertainment sector, with a trading volume of 45.5 million papers executed. With a value of 320.3 million pounds, then the building materials sector, with a trading volume of 64 million executed papers, with a value of 246.7 million pounds, then the services sector, industrial products and cars, with a trading volume of 101.1 million executed papers, with a value of 237.1 million pounds.

The utilities, paper and packaging materials sectors came in the last two places, respectively, with the first trading volume of 1.2 million executed papers, worth 36.6 million pounds, and the second with a trading volume of 20.1 million papers, valued at 27.5 million pounds.

The Egyptian Stock Exchange, a leading market in the region, is registered with a number of investors from individuals, financial institutions and investment funds, and the listing helps provide many advantages, including: the necessary financing to help industrial, commercial and service entities in sustainable growth, and diversifying the sources of financing available to them.

The offering on the stock exchange contributes to expanding the base of companies’ ownership, improving companies’ performance, enhancing the principles of transparency and their governance systems and diversifying their resources.

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