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Index New High and Early Volume for ESRS | ISPH | ETEL

The EGX30 Index achieves a remarkable new all-time high for the third consecutive day, reaching 27,000 points. This surge marks an impressive gain of over 1,000 points within a single week, with the majority of stocks either trading near their all-time high prices or close to their 52-week high prices. 


Early High Volume: ISPH | ESRS | ETEL


Ezz Steel Rebars (ESRS) witnessed a surge in trading volume within the first 5 minutes of the session, with over 4 million shares exchanged by 10:02:15 CLT. These trades were executed in over 14 transactions, with the largest trade involving 1,484,388 shares at a price of EGP 86 per share. Subsequently, the stock price rebounded to reach the EGP 90 per share level, which is consistent with yesterday's closing range of 89.58 per share.


Ibn Sina Pharma (ISPH) also experienced significant trading volume, with over 6 million shares traded, approximately double the average volume observed over the past five days. The stock was traded at EGP 3.50 per share by 10:15 CLT, representing a 5% increase during the early trading hours.


Telecom Egypt (ETEL) achieved a new historical high price today, reaching EGP 41.49 per share. This milestone was accompanied by high trading volumes, with over 1 million shares traded within the first few hours, exceeding the five-day average volume of approximately 600,000 shares.



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