EGX declines for second consecutive session as selling pressure drags market lower

BY

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Mon, 08 Jun 2026 - 06:08 GMT

BY

Mon, 08 Jun 2026 - 06:08 GMT

CAIRO - 8 June 2026: The Egyptian Exchange (EGX) extended its losses on Monday, closing lower for the second straight session, pressured by selling from Arab institutions, Arab retail investors, and Arab investment funds, while buying activity from local and foreign institutions, as well as Egyptian and foreign individual investors, helped limit the downside.

Market capitalization of listed companies declined by about LE15 billion, closing at LE3.739 trillion. Total market turnover reached LE58.1 billion, including bond and treasury bill transactions and block trades, while equity trading recorded LE10.5 billion.

The benchmark EGX30 fell 0.54 percent to 51,882.81 points. The EGX70 index slipped 0.03 percent to 15,344.29 points, while the EGX100 declined 0.15 percent, reflecting cautious trading across the market.

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