QNB ALAHLI and CIB stocks: the highest increase at the close of EGX today

First Bank list revealed the performance of listed bank stocks on the Egyptian stock exchange at the close of Wednesday’s trading on November 22, 2023.

Stock of Qatar National Bank ALAHLI topped the bank gains on the exchange, rising by 2.83% to close at 28 Egyptian pounds, compared to the opening price of EGP27.23.

The list showed an increase in the stocks of 6 banks, stability in one bank’s stock, and a decline in the stocks of 2 other banks. Commercial International Bank Egypt secured the second position with a 1.29% increase, closing at EGP75.45, compared to the opening price of EGP74.49.

Abu Dhabi Islamic Bank Egypt took the third position with a 0.77% increase, closing at EGP 36.51, compared to the opening price of EGP36.23.

Faisal Islamic Bank of Egypt’s stock ranked fourth with a 0.75% increase, closing at EGP30.93, compared to the opening price of EGP30.70.

Credit Agricole Egypt’s stock came in fifth with a 0.39% increase, closing at EGP20.48, compared to the opening price of EGP20.40.

Egyptian Export Development Bank claimed the sixth position with a 0.06% increase, closing at EGP17.21, compared to the opening price of EGP 17.20, while alBaraka Bank’s stock remained stable at a closing price of EGP11.28.

Regarding stock declines, Housing and Development Bank’s stock fell by 0.53%, closing at EGP 39.27, compared to the opening price of EGP39.48.

Suez Canal Bank’s stock declined by 1.38%, closing at EGP12.11, compared to the opening price of EGP 12.28

As for banks traded in dollars, Egyptian Gulf Bank remained stable at a closing price of $0.310, while Faisal Islamic Bank of Egypt’s stock (in dollars) also remained stable at a closing price of $0.989.

The table below includes the trades conducted on the stocks of the listed banks on the Egyptian stock exchange in both currencies (EGP and USD).