EGX 30 Index Sees Rapid Growth in Egyptian Equity Market

Saturday, 9 March 2024, 06:00

The Egyptian equity market has experienced a significant surge, with the EGX 30 index rising by 68% in local currency terms. Despite this impressive growth, the market remains relatively stable in US dollar terms. Investors are closely monitoring the developments in the Egyptian stock market as it continues to show bold movements and potential opportunities for investors.
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EGX 30 Index Sees Rapid Growth in Egyptian Equity Market

Egypt: Bold Moves

The Egyptian equity market, as represented by the EGX 30 index, has risen by 68% in local currency terms and is essentially flat in US dollar terms since September 2023.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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