Egyptian Stocks Near 54,000 Points as Market Gains EGP 78 Billion

Egypt’s stock exchange closed Sunday’s session with gains across its indices, opening the trading week on a strong footing as Egyptian investors drove buying activity.

The market approached the 54,000-point mark, while market capitalisation increased by EGP 78 billion.

Egyptian investors were net buyers during the session, providing support for the broad advance. Arab and foreign investors, by contrast, leaned toward selling.

The positive close marked a strong start to the week, with domestic buying outweighing selling pressure from other investor groups.