Cairo: The Egyptian Exchange (EGX) has recorded significant gains in October, with an increase estimated at nearly EGP 24 billion. This boost has brought the market capitalization of listed companies to EGP 2.208 trillion, up from EGP 2.184 trillion in September.

According to State Information Service Egypt, the gains reflect robust performance and growth in the Egyptian stock market during the month. The increase in market capitalization is a positive indicator for investors and highlights the potential for continued growth in the Egyptian financial sector. The figures suggest a favorable trend, contributing to the overall economic outlook for the country.