EGX 30 drops 2.13% as Qalaa leads EGP 1.14 bln in turnover
The EGX 30 closed down 2.1348% at 51,256.7 points on June 10, while Qalaa drew EGP 1.14 billion in turnover despite a 6.7% drop, according to the market note cited in analyst reports. On the deal front, the government completed the sale of a 10% stake in Telecom Egypt in the final tranche, Ahram Online reported. Orascom Construction sealed 2 contracts tied to Cairo Metro Line 4 and the high-speed rail project, while the group also reported quarterly net income of $24.5 million, according to Ahram Online. In financing, EFG Hermes led a landmark EGP 5.1 billion corporate bond for EGP Corp-Solutions, while Cleopatra Hospital posted standalone first-quarter profit of EGP 132.8 million, according to ZAWYA and 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