CAIRO - 19 April 2026: Egyptian stocks closed Sunday’s session, the first trading day of the week, on a broad-based rise, with the benchmark EGX 30 reaching its highest level in two months.
The EGX30 advanced by 1.82 percent to close at 52,372.64 points, marking its strongest close since February 18, when it ended trading at 52,222 points.
The rally was largely driven by gains in Talaat Moustafa Group, the second-largest constituent on the EGX30, whose stock surged by around 7.9 percent to close at LE 93.4. The stock had jumped more than 10 percent earlier in the session, buoyed by the group’s announcement of its new “The Spine” project in Madinaty, with investments exceeding LE 1.4 trillion and paid-in capital of LE 69 billion.
Shares of Commercial International Bank (CIB), the index’s largest-weighted stock, also rose by about 1.4 percent, providing additional support to the benchmark.
Meanwhile, the broader EGX 100 index gained 0.42 percent to close at 18,827.86 points, while the EGX 70 index climbed 0.31 percent to 13,426.64 points.
Trading activity showed Arab and Egyptian investors as net buyers, recording net purchases of LE 50.9 million and LE 277.5 million, respectively. Foreign investors, on the other hand, were net sellers with a net outflow of LE 328.49 million.
Among top movers, shares of Suez Canal Company for Technology Settling led gainers after rising 11.88 percent. Conversely, Egyptian Iron and Steel Company topped decliners with a drop of 4.23 percent, followed by Gourmet Egypt, which fell 3.62 percent.
Market capitalization closed higher at approximately LE 3.571 trillion, compared to LE 3.539 trillion at the end of last Thursday’s session, reflecting the day’s positive momentum across the market.
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