EGX 30 slips 0.38% as Telecom Egypt, Abu Qir anchor earnings flow
The EGX 30 closed at 52,658.8, down 0.3835% on May 25, in a session shaped by corporate updates. Telecom Egypt reported strong underlying business performance in Q1 2026, according to WebWire, with no additional figure in the headline. Abu Qir Fertilizers and Chemical Industries posted quarterly net profit of EGP 5.63 billion, according to TradingView, providing the session's clearest earnings datapoint. Egypt's prime minister and Elsewedy Electric discussed expansion plans and new investments, ZAWYA reported, with the headline keeping the projects at the discussion stage.
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البورصة المصرية: سهم ODIN يقفز 14.7% وسط تراجع مؤشر EGX 30، وقطاع الرعاية الصحية يغير مسار السيولة
شهدت جلسة الاثنين 10 أغسطس 2026 تباينًا في البورصة المصرية، حيث تراجع مؤشر EGX 30 بنسبة 0.45%، بينما قفز سهم ODIN بنسبة 14.7%. تركزت السيولة بشكل مكثف في قطاع الرعاية الصحية، مما يعكس توجه المستثمرين نحو الأسهم الدفاعية في ظل تقلبات سعر صرف الدولار.
EGX 30 slips 0.45% despite capital gains tax exemption for EGX trades
The EGX 30 closed at 54,876.0, down 0.4524% on Aug. 10, despite an announcement that capital gains on EGX transactions will be exempt from income tax, according to CairoScene. In banking, Emirates NBD’s acquisition of HSBC Egypt’s retail business is expected to boost deposits and loans, according to TradingView. Corporate flow stayed active with 10 company disclosures dated Aug. 10, including board decisions at U Consumer Finance, Suez Canal Bank and Alexandria Containers and goods. One Aug. 6 item tied to Abu Qir Fertilizers linked to sports content and provided no usable market detail.
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