The Egyptian Exchange (EGX) opened in rally mode on Monday, with the non-banking financial sector leading the way. The sector accounted for around 50% of the market turnover, with Beltone Holding, EFG-Holding, and Prime Holding being the main contributors.
EFG-Holding is currently trading near its 52-week high with impressive volumes exceeding its five-day average by over 120%. This volume strength began to emerge during last week's session and has continued into the early Sunday session this week. Meanwhile, Prime Holding (PRMH) is also experiencing outstanding volumes, surpassing its five-day average by approximately 200%. The stock is trading close to its 52-week high, down only 0.9% at EGP 0.646/share, while the 52-week high price stands at EGP 0.66/share.


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