The Egyptian Stock Exchange witnessed a wave of strong altitudes during today’s session, as the global investment and development, Egypt for oils and soap, the global plastic manufacturer, Oscar for contracting holding, and UNIFICL for the packaging industry industry, the list of the most upward stocks.
These rises came amid the improvement of investor morale and the increase in activity in the industrial and consumer sectors.
International Investment and Development
Al -Alamiah Investment and Development shares achieved the largest gains today, as it increased by 17.09% to close at 3.700 pounds after its opening at 3.160 pounds, and this rise was driven by increasing interest in shares with small market values, in addition to positive expectations on the company’s future performance in the investment and development sector.
Egypt for oils and soap
Egypt also recorded a strong increase in oil and soap, by 11.99%, to reach 63,710 pounds compared to its previous closure at 56.890 pounds, as the stock benefited from the improvement of the performance of the consumer commodity sector and the increase in demand for basic products, especially in light of the high prices of oils globally.
Global Plastic Plastic Industry
Rasaabs International shares increased by 11.16% to 10.160 pounds after its opening at 9.140 pounds, and this positive performance reflects the increased demand for plastic products used in multiple sectors, in addition to the recent improvement of the company’s financial results.
Oscar for holding holders
Oscar also witnessed the holding contracting contracts by 9.64% to close at 0.455 pounds after the session started at 0.415 pounds, and this rise comes with an increase in interest in the construction and construction sector in Egypt, amid expectations of the rise in real estate projects during the coming period.
Universal for the manufacture of packaging materials
Universal shares for the manufacture of packaging materials recorded 9.16% to reach 0.821 pounds compared to its previous closure at 0.752 pounds, as the stock benefited from the continuous growth in the packaging sector, and increased demand for plastic and carcino products used in industrial and consumer packaging.
