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EGX’s market cap rose to EGP 765 billion in 5 years

Dr. “Mohamed Farid,” Chairman of the Board of Directors of the Egyptian Exchange (EGX), stated that the market capitalization of the Egyptian Exchange rose from EGP 413 billion in October 2016 to EGP 765 billion in December 2021.

He added that the average daily trading volume rose from EGP 217 million during the period from January to October 2016 to EGP 450 million during the period from November 2016 to December 2021.

The average daily trading value also increased from EGP 0.58 billion during the period from January to October 2016 to EGP 1.307 billion during the period from November 2016 to December 2021.