Banking Sector Accounts for 5.3% of Total Trading Value on the Egyptian Exchange Last Week
The banking sector captured 5.3% of the total trading value across all sectors on the Egyptian Exchange during last week’s trading sessions, ranking seventh among the main listed sectors in terms of traded value.
According to weekly trading data, the real estate sector topped the list of the most actively traded sectors, excluding block trades, with a total trading value of EGP 5.580 billion, accounting for 19.9% of overall sector trading. This came through the trading of 5.018 billion shares across 145,800 transactions.
The non-banking financial services sector ranked second, recording trading values of EGP 4.838 billion, representing 17.3% of total sector turnover. The sector saw 1.842 billion shares exchanged through 69,500 transactions.
In third place, the food, beverages, and tobacco sector posted trading values of EGP 3.34 billion, accounting for 11.9% of total trading, with 862.7 million shares traded across 114,700 transactions.
The basic resources sector came in fourth with a trading value of EGP 3.33 billion, also representing 11.9% of total sector trading. This was achieved through the exchange of 226.98 million shares via 79,400 transactions.
The telecommunications, media, and information technology sector ranked fifth after recording trading values of EGP 2.035 billion, accounting for 7.3% of total trading. The sector saw 1.1 billion shares traded through 33,500 transactions.
Meanwhile, the construction and engineering contracting sector placed sixth, with trading values reaching EGP 1.5 billion, representing 5.4% of total sector turnover. This followed the trading of 1.18 billion shares across 51,700 transactions.
The banking sector ranked seventh, registering trading values of EGP 1.48 billion, equivalent to 5.3% of total trading activity. This came through the exchange of 30.8 million shares executed in 21,300 transactions.