Mid Session Brief: 28/08/2023
SWDY Surges Green Amid Earnings Release: Elsewedy Electric (SWDY) reports impressive earnings with EPS of EGP 2.34/share for 1H-23, surpassing the EPS of EGP 0.78/share in 1H-22.
ESRS Approaching All-Time High: Keep a close eye on ESRS as it once again nears its all-time high. Recent news reveals that another steel producer has raised their selling prices, while EZZ steel prices remain unchanged.
TMGH Continues Green Streak with High Volumes: TMGH demonstrates a third consecutive day of gains as it remains in the green zone. The stock is attracting significant trading volumes.
EGX30 Reaches 18,206 Points, Just 208 Points Away from Historical High: The EGX30 index hits 18,206 points, positioning it a mere 208 points away from its historical high. Monitor the market closely for potential breakthroughs.
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