Standard rises on the Egyptian Stock Exchange .. Details and causes of strong performance

The Egyptian market has witnessed a remarkable activity in the performance of many shares, as its value has increased significantly compared to the previous days, and these altitudes reflect an improvement in the performance of some of the companies listed on the Egyptian Stock Exchange, which enhances confidence in the market and contributes to attracting more investments.

This increase represents an opportunity for investors to explore the sectors that achieve remarkable growth and progress, such as the industrial, food, oil and soap oil sector, as well as the banking sector.

In this report, we will address the most prominent companies that have witnessed a rise in their stock prices, while providing brief analyzes about the potential factors that contributed to these increases.

Egyptians shares for investment and urban development

The company’s shares witnessed a significant increase by 17.82% to close at 0.324 Egyptian pounds, after it was closed the previous day at 0.275 Egyptian pounds, and this increase is due to a possible improvement in the company’s performance, as there may be positive news or new expansion of the company that contributed to an increase Caring for it in the market, such a height draws the attention of investors and is an indication that the company may be about to achieve remarkable growth in the coming period.

Feasibility for industrial development

The share of Jadwa Industrial Development Company also recorded an increase of 7.07% to close at 5.150 Egyptian pounds after it was closed at 4.810 Egyptian pounds in the previous day, and the increase in the share price reflects an improvement in the company’s performance in the industrial sector, and it may be the result of increasing demand for its products Or an improvement in its production and distribution strategies, and this increase indicates that the company may be in a good position for growth in the near future, making the stock attractive to investors.

Juhayna for food industries

As for the share of Juhayna Food Industries, it recorded an increase of 5.72% to close at 37,520 Egyptian pounds after it was closed at 35,490 Egyptian pounds in the previous day, and this rise is due to an increase in the demand for the company’s products or the success of its marketing strategies that contributed to enhancing its position In the market, given that Juhayna is one of the major companies in the food sector, this type of height indicates that the company may have made tangible progress in its expansion and marketing strategies.

Cairo for oils and soaps

With regard to Cairo Oil and Soap Company, its share witnessed an increase of 5.64% to close at 0.412 Egyptian pounds compared to 0.390 Egyptian pounds the day before, and this rise indicates an improvement in the company’s performance, whether by increasing demand for its products or through improvements in strategies Production and distribution.

This rise is a sign that the company may be in a good position to continue to grow in the coming period, which makes the stock a good opportunity for investors looking for an investment in the oil and soap sector.

Egyptian Export Development Bank

The Egyptian Export Development Bank achieved a 5.12% increase to close at 18.700 Egyptian pounds after it had been closed at 17.790 Egyptian pounds the day before.

This rise can be the result of an improvement in the bank’s financial results or strategies that contribute to enhancing its performance, and this type of elevation indicates stability and confidence in the banking sector, as it may reflect the bank’s ability to support exports and contribute to the growth of the Egyptian economy.