The banking sector ends EGX trading session on Wednesday 6 March 2024 with increase in the market cap by 1.8%

EGX,banking sector,market cap

Egypt’s banking sector performance on EGX at Wednesday's closing session

FirstBank

The banking sector ends EGX trading session on Wednesday 6 March 2024 with increase in the market cap by 1.8% to record EGP 462.080 bn compared to EGP 453.863 bn at yesterday's session.

The market cap of the banking sector reached 23.34% of the total EGX market cap, which is considered the highest percentage among the sectors listed on the Egyptian Stock Exchange

The turnover on banking sector shares amounted to EGP 1.934 bn which represents 19.89% of the total trading volume today after 30.168 million shares were exchanged capturing 2.38% of the total trading volume.

The indexes of the Egyptian Exchange ended Today’s trading session with decrease and turnover amounted EGP 10 mn on shares.

The main index of the Egyptian Stock Exchange “EGX30” Fell by 3.02% and 31.215 points, “EGX70” index for medium stocks decreased by 3.40% to record 7.544 points, and the broader index “EGX100” decreased by 3.39% to record 10.704 points.