Stocks of HD Bank and ADIB Egypt soar at the close of EGX trading on Thursday, November 16
First Bank
First Bank list revealed the performance of listed banks on the Egyptian Stock Exchange at the close of Thursday’s trading on November 16, 2023.
HD Bank’s stock led the market with a 3.17% increase, closing at EGP 40.00. Abu Dhabi Islamic Bank-Egypt secured the second position with a 2.08% rise, closing at EGP 35.40.
Faisal Islamic Bank of Egypt claimed the third spot with a 1.54% increase, closing at EGP 29.07. Crédit Agricole Egypt ranked fourth, rising by 1.38% to close at EGP 20.50.
Commercial International Bank (CIB) took the fifth position with a 1.12% increase, closing at EGP 72.00. Qatar National Bank Al Ahli was sixth, rising by 0.79% and closing at EGP 28.22. alBaraka Bank secured the seventh position with a 0.55% increase, closing at EGP 11.06.
On the downside, Export Development Bank of Egypt declined by 0.18%, closing at EGP 17.00, while Suez Canal Bank dropped by 0.49%, closing at EGP 12.08.
In terms of dollar-denominated banks, Faisal Islamic Bank of Egypt rose by 0.20%, closing at $0.990, while Egyptian Gulf Bank fell by 2.52%, closing at $0.310.
The table includes trading activities in both Egyptian pounds and US dollars.