Faisal Islamic Bank of Egypt's Stock Performance Showcases Challenging Market Conditions
Faisal Islamic Bank of Egypt's stock has faced significant fluctuations in its trading performance over the past year, as per data from the Egyptian Exchange (EGX). The bank's shares have experienced a year-to-date price change of -17.19%, with the stock opening at 37.94 EGP and reaching its highest point at 40 EGP on January 27, 2025, and its lowest value of 31.17 EGP on May 21, 2025. Despite a paid capital of 3.38 billion EGP and a market capitalization of 6.76 billion EGP, the bank's performance reflects a challenging period within the market.
Key Takeaways:
- The stock's par value stood at 15.714 EGP, with a total of 215.15 million shares issued.
- The stock was traded in Egyptian pounds and saw its highest point at 40 EGP on January 27, 2025.
- The lowest value of 31.17 EGP was reached on May 21, 2025, with the stock closing at 31.42 EGP.
- The market capitalization was reported at 6.76 billion EGP.
- The average daily value of trades in Egyptian pounds was approximately 3.05 million.
- The average daily volume of shares traded was 83,848.
- The stock was actively traded on 94 days during the period under review.
- The bank reported an annual profit of 4.43 billion EGP for the last financial year ending December 31, 2023.
- The price-to-earnings (P/E) ratio was recorded at 4.31, with a minimum P/E of 4.28.
- The sector's average P/E ratio was not specified in the data.
- Corporate actions or index information was not provided.
Statistics:
- **Year-to-date price change:** -17.19%
- **Opening price:** 37.94 EGP
- **Highest point:** 40 EGP (January 27, 2025)
- **Lowest value:** 31.17 EGP (May 21, 2025)
- **Closing price:** 31.42 EGP
- **Market capitalization:** 6.76 billion EGP
- **Average daily value of trades:** Approximately 3.05 million EGP
- **Average daily volume of shares:** 83,848
- **Number of trading days:** 94
- **Annual profit (2023):** 4.43 billion EGP
- **Price-to-earnings (P/E) ratio:** 4.31
- **Minimum P/E ratio:** 4.28
Sources:
- Egyptian Exchange (EGX)
- Faisal Islamic Bank of Egypt's financial reports (2023)