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EGX Sees Significant Gains as Market Capitalization Surges by EGP 71 Billion

Cairo: The Egyptian Exchange (EGX) experienced a notable increase as it closed trading on a positive note on Wednesday, April 8, 2026. This upward momentum was driven by strong buying activity from local, Arab, and foreign institutions and investment funds, in contrast to individual investors who were inclined to sell.

According to State Information Service Egypt, the market capitalization of listed companies surged by approximately EGP 71 billion, reaching EGP 3.400 trillion by the end of the trading day. Total transactions on the EGX amounted to about EGP 60.9 billion, covering various financial instruments such as bonds, treasury bills, and ownership transfer deals, with stock trading contributing EGP 11.1 billion to the total.

The benchmark EGX 30 index registered a significant rise of 4.1%, closing at 48,593.99 points. Additionally, the EGX 70 index increased by 1.32%, ending the session at 12,968.37 points, while the broader EGX 100 index advanced by 1.61%, reaching 18,143.52 points.