Egyptian Stock Exchange continues to attract investors with diverse sectors, lucrative opportunities

CAIRO - 8 July 2023: The non-banking financial services sector has emerged as the top-traded sector on the Egyptian Stock Exchange in terms of trading value during the past week, recording a trading volume of 988.7 million shares valued at LE1.1 billion. The banking sector followed as the second most active sector, with a trading volume of 24.2 million shares valued at LE971.8 million.

The basic resources sector claimed the third position with a trading volume of 36.9 million shares valued at LE559.9 million. It was trailed by the real estate sector with a trading volume of 267.6 million shares valued at LE488.4 million, and the healthcare and pharmaceutical sector with a trading volume of 174.5 million shares valued at LE315 million.

In the sixth position, the construction and engineering sector recorded a trading volume of 185.6 million shares executed at a value of LE262.9 million. Following that, the food, beverage, and tobacco sector saw a trading volume of 236.4 million shares executed at a value of LE254 million.

The communications, media, and information technology sector came next with a trading volume of 140.6 million shares executed at a value of LE225.1 million. The services, industrial products, and automotive sector witnessed a trading volume of 34.2 million shares executed at a value of LE211 million. Meanwhile, the textiles and durable goods sector had a trading volume of 176.4 million shares executed at a value of LE124 million.

The utilities sector and the paper, packaging, and packaging materials sector ranked last, with trading volumes of 218.1 thousand shares executed at a value of LE6.9 million and 4.5 million shares executed at a value of LE3 million, respectively.

The Egyptian Stock Exchange, a leading market in the region, attracts individual investors, financial institutions, and investment funds. Listing on the exchange provides several advantages, including necessary financing to support the sustainable growth of industrial, commercial, and service entities and diversification of their available funding sources.

Listing on the exchange helps expand the ownership base of companies, improve their performance, enhance transparency, governance systems, and diversify their resources. Moreover, it aims to stimulate and develop the flow of capital and trading activity in the Egyptian Stock Exchange, ultimately increasing its market capitalization and attractiveness to investors.

The Egyptian Stock Exchange has experienced significant growth and development in recent years, becoming one of the most active and influential exchanges in the region.

With its diverse sectors and attractive investment opportunities, it continues to attract both domestic and international investors, contributing to the overall development of Egypt's capital market and economy.