EGX 30 rises 0.95% as Orascom deals and Telecom Egypt sale drive flow
The EGX 30 closed up 0.95% at 52,374.8 on June 9, with deal flow and earnings setting the tone. The government completed the sale of a 10% stake in Telecom Egypt in the final tranche of the transaction, Ahram Online reported, while EFG Hermes led a landmark EGP 5.1 billion corporate bond issuance for EGP Corp-Solutions, according to ZAWYA. Orascom Construction sealed 2 contracts tied to Cairo Metro Line 4 and the high-speed rail project, Ahram Online said, after reporting quarterly net income of $24.5 million, according to the same source. Cleopatra Hospital also posted Q1 standalone profit of EGP 132.8 million, according to TradingView.
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البورصة المصرية: سهم ELKA يقفز 7.3% رغم تراجع مؤشر EGX 30 بنسبة 1.66%
شهدت البورصة المصرية تبايناً لافتاً في جلسة 26 أكتوبر 2026، حيث ارتفع سهم ELKA بنسبة 7.3% وسط تراجع مؤشر EGX 30 بنسبة 1.66%، متأثراً بضغوط العملة وعمليات بيع في الأسهم القيادية.
EGX 30 drops 1.66% as IPO pipeline drives Cairo headlines
The EGX 30 closed down 1.66% at 48,416.9 on October 26. Primary market news led the flow, with EFG Hermes completing its role on MNT-Halan’s EGP 7.84 billion IPO, described as Egypt’s largest listing since 2021, according to Arab Finance, Gulf Business and شبكة تواصل الإخبارية. EFG Hermes is also set to begin promoting the Misr Life Insurance and Egypt Education Platform IPOs in November, while EFG Hermes and CI Capital are to lead the Banque du Caire IPO after an indicative price range was set, according to waya.media and ZAWYA via TradingView. In stocks, Abu Qir Fertilizers rose 4.00% on October 19 ahead of results, according to ad-hoc-news.de, while Juhayna secured a loan for a citrus expansion, AD HOC NEWS reported, and Talaat Moustafa Group signed a deal covering 4 Egyptian projects worth $202 billion, according to Fast Company Middle East.
Release from Bonyan for Development and Trade (BONY.CA) Regarding the Purchase of Treasury Stocks