Egyptian Stock Market Sheds EGP 81 Billion as Benchmark Index Falls 1.99%
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3 Articles
EGX Loses EGP81bn as Institutional Selling Tests Egypt’s IPO Revival
Egypt’s stock market erased nearly 85% of its early-October rebound on Sunday as domestic institutions led a broad sell-off, even as Banque du Caire announced plans for a major flotation. The simultaneous correction and expansion of the IPO pipeline present a critical test of institutional appetite for Egyptian equities. CAIRO, October 11, 2026 — The […]
The Egyptian stock exchange's indicators declined collectively during the first session of the week, under pressure from corporate sales and poor liquidity, while investors expected MNT in the immediate future and the anticipated subtraction of the Cairo bank. Pressures on the main index increased as the share of the World Trade Bank, with the highest relative weight, declined to Pound123.21 during the transactions before the company's sales pre…
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