”Abu Dhabi Islamic Bank - Egypt Leads Gains Among Listed Bank Stocks at the Start of Trading”
The share of Abu Dhabi Islamic Bank - Egypt (ADIB Egypt) topped the list of gainers in the banking sector at the beginning of Tuesday's trading session, rising by 1.56% to reach EGP 23.44. The stock recorded a trading value of EGP 665.98 thousand, with a volume of 28.45 thousand shares traded.
Meanwhile, Suez Canal Bank shares declined by 5.22%, reaching EGP 23.06, with a trading value of EGP 923.44 thousand, and a volume of 40.57 thousand shares traded.
Housing and Development Bank shares also dropped by 1.51% to EGP 62, with a trading value of EGP 1.95 million, and a volume of 3,173 thousand shares traded.
Commercial International Bank (CIB) Egypt saw a slight decline of 0.09%, reaching EGP 84, with a trading value of EGP 1.8 million, and a volume of 21.42 thousand shares traded.
Meanwhile, six bank stocks remained unchanged at the start of Tuesday’s session. These include shares of: United Bank, Faisal Islamic Bank of Egypt (in EGP), Crédit Agricole Egypt, Al Baraka Bank Egypt, Export Development Bank of Egypt, and Qatar National Bank (QNB).