EGX 30 falls 1.19% as Talaat Moustafa and Elsewedy post gains
The EGX 30 closed down 1.1887% at 53,416.2 points on May 13, while Amer Group jumped 9% despite the broader decline, according to the cited analyst note. Talaat Moustafa Group reported first-quarter net profit up 24% to EGP 5.5 billion, according to AD HOC NEWS. Elsewedy Electric posted first-quarter consolidated profit growth of 16.8% year-on-year, ZAWYA reported. AD HOC NEWS also flagged recent financial results at Cairo Poultry and trading activity alongside dividend announcements at Juhayna Food Industries.
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EGX 30 rises 0.7% as Telecom Egypt drops proposed RDH deal
The EGX 30 closed up 0.7034% at 52,928.1 points on July 16. Telecom Egypt said it will not proceed with the proposed RDH transaction, according to a regulatory filing carried by TradingView. Elsewedy Electric wants to invest $200 million in Egypt's industrial sector, according to MSN. The group is also balancing regional growth against global challenges, Ad-hoc-news.de reports.
البورصة المصرية: سهم Amer Group يقفز 9.6% ومؤشر EGX 30 يرتفع 0.70% بدعم من عمليات شراء واسعة النطاق
سجل سهم Amer Group ارتفاعاً بنسبة 9.6% ليغلق عند 3.88 جنيه مصري، متصدراً مكاسب البورصة المصرية في جلسة 16 يوليو 2026، بينما صعد مؤشر EGX 30 بنسبة 0.70% وسط حالة من التفاؤل في السوق.
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