Stocks of Suez Canal Bank and alBaraka Bank soar at the close of EGX trading on Wednesday, November 15

First Bank list revealed the performance of listed bank stocks on the Egyptian Exchange at the close of trading on Wednesday, November 15, 2023. Suez Canal Bank's stock led the gains, rising by 11.48% to close at EGP 12.14 compared to the opening price of EGP 10.89.  

The list showed increases in the shares of 7 banks, while shares of 2 other banks declined. Notably, alBaraka bank- Egypt secured the second position with a 7.21% increase, closing at EGP 11 compared to the opening price of EGP 10.26.  

Commercial International Bank - Egypt claimed the third position with a 2.45% increase, closing at EGP 71.20, up from the opening price of EGP 69.50. EBank, Export Development Bank of Egypt, followed in the fourth position, rising by 2.41% to close at EGP 17.03.  

Faisal Islamic Bank of Egypt secured the fifth position with a 1.85% increase, closing at EGP 28.63, while Credit Agricole Egypt ranked sixth with a 1.51% increase, closing at EGP 20.22.  

Qatar National Bank Al Ahli claimed the seventh position with a 1.08% increase, closing at EGP 28. The shares of Abu Dhabi Islamic Bank Egypt fell by 1.17%, closing at EGP 34.68, and Housing and Development Bank dropped by 2.34%, closing at EGP 38.77.  

Regarding dollar-denominated bank stocks, Egyptian Gulf Bank (EGBank) remained stable at a closing price of $0.318, while Faisal Islamic Bank of Egypt (in dollars) decreased by 0.10% to close at $0.989.  

Note: The following table includes trades conducted on the stocks of listed banks on EGX in both EGP and USD.