CAIRO - 6 May 2026: Egypt’s stock market rallied at Wednesday’s close, the final session of the week, as foreign buying helped push the benchmark EGX30 index up 1.99 percent to 53,605 points, driving total market capitalization higher by around LE49 billion to LE3.753 trillion.
Gains extended across the board, with the Shariah index rising 2.2 percent to 5,759 points and the EGX35-LV index advancing 1 percent to 5,876 points. The EGX70 index for small- and mid-cap stocks climbed 0.7 percent to 14,500 points, while the broader EGX100 added 0.99 percent to 20,206 points.
The session was underpinned by strong buying from foreign investors, who recorded net purchases of LE452.2 million. In contrast, Egyptian and Arab investors moved toward selling, with net outflows of LE284.5 million and LE167.8 million, respectively.
Institutional activity, both local and international, alongside Arab and foreign retail participation, contributed to the market’s upward momentum, despite selling pressure from Egyptian individuals and Arab institutions.
Trading on equities reached LE13.8 billion, with 2.2 billion shares exchanged across 259,600 transactions, reflecting solid market activity. Overall turnover, including bonds, treasury bills, and block trades, stood at LE77.4 billion.
The Egyptian Exchange will pause trading on Thursday for the Labour Day holiday, with sessions set to resume on Sunday.
Comments
Leave a Comment