Egypt’s Non-Banking Financial Sector Tops Weekly Stock Trading Activity
The Non-Banking Financial Services sector led Egypt’s listed stock market sectors in weekly trading value, excluding block deals, recording EGP 9.929 billion and accounting for 18.7% of total sector trading.
The sector saw 3.4 billion shares traded through 152,370 transactions.
Real Estate ranked second with EGP 7.908 billion, representing 14.9% of total trading, while Contracting and Engineering Construction came third with EGP 6.339 billion, or 11.9%.
The Banking sector followed with EGP 4.868 billion, accounting for 9.2%, while Healthcare and Pharmaceuticals recorded EGP 4.216 billion, representing 7.9%.
Basic Resources generated EGP 3.875 billion, or 7.3%, followed by Food, Beverages and Tobacco with EGP 3.123 billion, equivalent to 5.9% of total sector trading