The EGX30's relentless upward trajectory, fueled by the remarkable performances of COMI, ORHD, and GBCO
The EGX30 index concluded the session with yet another impressive rally, surging to a record-breaking high of 25,905 points. Notably, it reached a peak of 25,945 points during the session, propelling its year-to-date performance to an exceptional +77.46%.
Commercial International Bank (COMI) continued its upward trajectory, achieving a new milestone for the third consecutive week and the second day in a row. With a closing price of EGP 84.06 per share, COMI soared by 8.14%, reaching its all-time high and elevating its YTD performance to an astounding +102.7%.
Orascom Development Egypt (ORHD) also attained an all-time high, surpassing the previous record set on May 31, 2023. Reaching EGP 12.19 per share, ORHD achieved remarkable growth, reflecting a year-to-date performance of +70.9%. The session concluded with ORHD at EGP 11.96 per share, marking a notable increase of 13.58%.
GB Corp (GBCO) made its mark during today's session, reaching a new all-time high of EGP 7.74 per share. Closing at EGP 7.45 per share, GBCO witnessed a significant rise of 9.56%, contributing to its year-to-date performance of +39%.
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