top of page

EGX Rises as USD/EGP Exchange Rate Appreciates; EGX30 Closes +0.98% at 29,344 Points

The Egyptian Exchange (EGX) witnessed a positive shift in response to the appreciation of the USD/EGP exchange rate. Previously averaging between 46.60 and 46.80, the exchange rate rose to EGP 47.40 per USD at both the National Bank of Egypt and Commercial International Bank. 


The EGX30, the main stock market index, closed with a gain of +0.98%, rising by 284 points to reach the level of 29,344 points. As a result of the exchange rate movement, many stocks changed from red to green during the session, and several others closed the session in positive territory. For detailed information on stock closing prices, you can refer to our market screener and Market radar.






Disclaimer and Terms of Use


The data provided on any page at www.egvest.com aren't for any investment decision or taking any action of buy or sell of any asset or investments of any type; the information on this page has been obtained from sources that EGEVST believed to be reliable, we have not independently verified such information, and it may not be accurate or complete.

EGVEST.com published a delayed feed for the Egyptian stock exchange executed stocks and its leading indices through a previous contract with EGID "Egypt for Information Dissemination" the delayed feed is referred to below as "information."

The "information" displayed and published by EGVEST.com could lead to financial losses. It should be used on a personal and only personal responsibility. The "information" contains simplified mathematical calculations that clarify, simplify, and classify the "information" without using any financial valuation methods and don't represent any recommendation to buy, sell or hold financial assets.

The Data source is the Central Bank of Egypt website and on this system for display only without any analysis or recommendations





Comments


bottom of page