Household products soar 113% in 2017; financial sector tops EGX’s trades

Cairo – Mubasher: Household and personal products industry topped rising sectors in 2017, hiking 113% year-on-year, according to the Egyptian Exchange’s (EGX) annual report of 2017.

Meanwhile, the chemical sector ranked second with an 84% growth in 2017, followed by the tourism sector which jumped 77% and the automotive services and industry sector which surged 69%.

At the level of trading volume, the financial services sector ranked first with 23 billion shares exchanged at a turnover of EGP 54 billion, followed by the real estate sector on which about 20 billion shares were traded, generating EGP 52 billion.

The telecommunications sector ranked third with a traded value of 14 billion shares exchanged at EGP 32 billion, followed by the tourism sector and the automotive services and industry sector with a traded volume of 4 billion shares exchanged at EGP 8 million and 3 billion shares through EGP 14 billion, respectively.

MUBASHER Contribution Time: 01-Jan-2018 11:50 (GMT)
MUBASHER Last Update Time: 01-Jan-2018 11:58 (GMT)