Real estate tops the list of sectors traded on the stock exchange, with a value of EGP 1.6 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 943.5 million papers, worth 1.6 billion pounds, and the banking sector came second in the sectors that witnessed activity, with a trading volume of 26.5 million papers, with a value of 923.7 million The non-banking financial services sector ranked third, with a trading volume of 435.9 million papers, worth 865.8 million pounds, followed by the communications, media and information technology sector, with a trading volume of 438.1 million papers, valued at 796.2 million pounds, and then the basic resources sector, with a trading volume of 55.3 million papers, with a value of EGP 796.2 million. 634.5 million pounds.

In sixth place, the health care and pharmaceutical sector came with a trading volume of 202.5 million executed papers, worth 528.9 million pounds, then the food, beverages and tobacco sector, with a trading volume of 98.1 million papers executed, with a value of 355.6 million pounds, then the textiles and durable goods sector, with a trading volume of 464.1 million papers executed. With a value of 324.1 million pounds, then the building materials sector with a trading volume of 64.3 million papers executed with a value of 289 million pounds, then the services sector, industrial products and cars, with a trading volume of 131.6 million papers executed, with a value of 269.2 million pounds.

The energy and support services sectors, and packaging materials, came in the last two places, respectively, with a trading volume of 9.2 million executed papers, worth 37.3 million pounds, and the second, with a trading volume of 15.8 million papers, valued at 23.3 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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