Latest news with #EGX


Daily News Egypt
5 hours ago
- Business
- Daily News Egypt
10 Egyptian stocks outperform gold, real estate, and savings certificates in Q2 2025
Ten stocks listed on the Egyptian Exchange (EGX) posted exceptional gains during the second quarter of 2025, with share prices soaring by more than 70%—significantly outperforming traditional investment options such as gold, real estate, and bank savings certificates. The rally was fuelled by a combination of strong financial results and speculative trading, particularly in small- and mid-cap stocks. Among the top gainers, U Consumer Finance recorded a staggering increase of 1,019.69%, closing the quarter at EGP 8.700, marking the most dramatic surge on the market. ODIN Investments in Egyptian Equities – Kasb followed with a 443% rise to EGP 5.430. Egypt Fertilizers (EGYFERT) jumped 111.48% to close at EGP 216.510, while Upper Egypt Flour Mills advanced 108.53% to EGP 551.700. Misr Cement Qena also delivered strong gains, rising 102.11% to reach EGP 52.730. Misr Beni Suef Cement saw its share price climb by 92.93%, ending the quarter at EGP 144.700. General Silos & Storage (GSSC) appreciated by 86.65% to EGP 313.860, and Beltone Holding gained 77.99%, closing at EGP 3.720. Suez Canal Technology Settling rose 74.38% to EGP 154.400, while Cairo National Company for Investment and Securities increased 73.76% to EGP 52.040. B Investments Holding completed the list with a 72.04% rise, reaching EGP 40.00 per share. Despite the remarkable performance of these individual stocks, broader market indices posted more modest gains. The benchmark EGX30, which tracks the performance of the 30 most liquid companies on the exchange, rose by 2.6% to close the quarter at 32,857.62 points. The EGX70 Equal Weight Index (EWI), which focuses on small and mid-cap stocks, climbed 10.18% to reach 9,967.14 points, reflecting the segment's bullish momentum. Meanwhile, the EGX100 EWI rose by 8.15% to close at 13,477.29 points. The EGX30 Capped recorded a 2.66% increase, ending the period at 40,845.77 points, while the Tamayuz Index—tracking high-performing companies based on financial merit—grew by 7.76% to 12,481.01 points.


Zawya
4 days ago
- Business
- Zawya
Egypt: EGX closes Tuesday's session in red zone
Arab Finance: The Egyptian Exchange (EGX) closed Thursday's trading session in the red zone, with the EGX30 index declining by 0.46% to 32,703.92 points. Likewise, the Sharia-compliant index, EGX33 Shariah index, fell by 1.02% to 3,401.44 points. Both the EGX70 index and the EGX100 index ended the session lower by 0.85% at 9,882.63 points and by 0.96% at 13,348.18 points, respectively. The turnover hit EGP 5.185 billion through the trading of 1.619 million shares in 114,235 transactions, while the market cap reached EGP 2.326 trillion. Retail investors equaled 69.25% of the total trading, while the institutions represented the remaining 30.74%. Foreign and Arab traders accounted for 15.34% and 3.38% of the trading transactions, respectively. The Egyptian investors took over 81.27%. Foreign investors were sellers with EGP 452.543 million. Egyptian and Arab traders were buyers with EGP 409.266 million and EGP 43.277 million, respectively. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


Zawya
5 days ago
- Business
- Zawya
Egypt: Gemma sees $16mln trading transaction on EGX
Arab Finance: El Ezz Porcelain (Gemma) witnessed a trading transaction valued at EGP 817.920 million, the Egyptian Exchange (EGX) announced on June 30th. The transaction was executed on 34.080 million issued shares. Established in 1989, Gemma has become the leading manufacturer of high-end Ceramic and Porcelain tiles in Egypt and the Middle East. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


Zawya
26-06-2025
- Business
- Zawya
Egypt: EGX shows positive performance on Wednesday
Arab Finance: The Egyptian Exchange (EGX) closed Wednesday's trading session on a positive note after the EGX30 index rose by 1.24% to 33,002.85 points. The Sharia-compliant index, EGX33 Shariah index, went up by 1.34% to 3,426.57 points. Both the EGX70 index and the EGX100 index ended the session higher by 2.10% at 9,811.41 points and by 1.96% at 13,344.47 points, respectively. The trading value hit EGP 5.439 billion through the exchange of 1.787 billion shares in 129,284 transactions, while the market cap reached EGP 2.339 trillion. Arab and foreign traders accounted for 6.6% and 3.42% of the trading transactions, respectively. The Egyptian investors took over 89.98%. Individuals controlled 77.31% of the total trading, while the institutions represented 22.68%. Egyptian and foreign investors were buyers with EGP 58.616 million and EGP 34.698 million, respectively. The Arab traders were sellers with EGP 93.314 million. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


Zawya
26-06-2025
- Business
- Zawya
Egypt: Thndr rolls out Alpha to support first-time investors
Arab Finance: Thndr, an investment platform operating in the MENA region, has launched Thndr Alpha, a new product aimed at helping users take their first step into investing through a simplified, guided experience, as per an emailed press release. Alpha is intended for individuals who want to begin investing but are uncertain about how to start, a common concern among Thndr's user base. In 2024, Thndr facilitated the entry of over 190,000 new investors into the Egyptian Exchange (EGX), accounting for 82% of all new retail investor registrations that year. With Alpha, the company is expanding its focus on making investment options more accessible and easier to navigate. Thndr Alpha offers a personalized process where users answer three questions related to their goals, risk tolerance, and time horizon. Based on these inputs, they receive a suggested Starter Pack, a pre-selected portfolio that includes equities, gold, and fixed income assets. The portfolios are generated by Rumble, Thndr's in-house investment engine. Each recommendation includes an explanation to help users understand the purpose of each asset and how it aligns with their stated preferences. Users also have the option to adjust their portfolios, review past performance, and invest directly through the Thndr app. Alpha is now available to all Thndr users, with additional features and guided options expected to be introduced later this year. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (