CAIRO, Jan 11 (MENA) – Egyptian stocks closed sharply higher on Sunday, the first trading session of the second week of 2026, driven by strong buying from investors amid optimism over the outlook for the economy and key sectors, traders said.
Market capitalization of listed companies rose by about LE47 billion by the end of the session to reach a record LE3.038 trillion for the first time, according to exchange data.
Turnover totaled around LE28 billion, including transactions in bonds and treasury bills as well as block trades, while equity trading alone accounted for about LE5.5 billion.
The benchmark EGX30 index climbed 2.48 percent to 42,895.41 points, supported by gains in leading and actively traded stocks, particularly in the banking sector.
The EGX70 EWI index, which tracks small- and mid-cap stocks, rose 0.28 percent to 12,978.15 points, while the broader EGX100 index added 0.9 percent to close at 17,373.8 points.
Investors showed strong appetite for Egyptian equities, buoyed by positive expectations for economic performance in the new year and improving prospects across most sectors, market participants said.
