EGX 30 falls 1.07% as dividends and $190 mln deal shape flow
The EGX 30 fell 1.07% to 51,813.4 on April 20, with dealmaking and dividend news driving the session's corporate backdrop. EFG Hermes concluded advisory work on Valu's accelerated bookbuild, according to ZAWYA, after also advising on a $190 million investment in Alameda Healthcare, Gulf Business reported. On the income side, Telecom Egypt will pay an EGP 1.5-per-share 2025 dividend on April 30, according to Arab Finance and Investing.com, while Cleopatra Hospital's general meeting approved a 2025 cash dividend, according to ZAWYA. In ownership moves, NNS City raised Nassef Sawiris' stake in Orascom Construction to 43.39%, Financial Afrik reported, while Talaat Moustafa Group is set to build a $27 billion city east of Cairo, according to CNBC.
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البورصة المصرية — سهم PRCL يقفز بنسبة 8.7% مع تعمق تدوير القطاعات رغم انخفاض مؤشر EGX 30
شهدت البورصة المصرية جلسة متباينة يوم 22 يونيو 2026، حيث قفز سهم PRCL بنسبة 8.7% مخالفاً الاتجاه العام لمؤشر EGX 30 الذي تراجع بنسبة 0.18%. يعكس هذا الأداء حركة تدوير نشطة للسيولة نحو الأسهم الصناعية المحلية بعيداً عن القطاعات المرتبطة بالسلع العالمية.
EGX 30 slips 0.18% as Elsewedy unit joins rail consortium
The EGX 30 fell 0.18% to 52,585.7 on June 22, extending the near-flat market tone flagged on June 21, when PHAR jumped 5.7% on EGP 176.4 million in turnover, according to analyst notes. Elsewedy Electric said its Rowad Modern Engineering unit has joined an Alstom-led consortium for rail projects in Egypt, ZAWYA reported. In technology, Telecom Egypt, the NTRA and the Arab Academy launched the first Cybersecurity Innovation Lab, according to Tech Review Africa. Corporate news flow stayed active with at least 8 filings on June 21, including AGM resolutions, board meetings and disclosure forms for AREH, MICH, DSCW, SPMD, GMCI, ELWA, MASR, PRDC and BINV.
Release from Madinet Masr For Housing and Development (MASR.CA) Regarding the Reward and Incentive System