Cairo Stock Exchange — South Valley Cement Posts 2025 Earnings as EGX 30 Adds 0.37%
South Valley Cement released its 2025 standalone results and board decisions on June 1 as Egyptian equities were led by property names. The EGX 30 rose 0.37%, while a softer dollar at EGP 51.97 helped sentiment toward domestic stocks.
|6 min read
South Valley Cement set the tone for EGX earnings June 2026 on June 1 after releasing its standalone results for the year ended December 31, 2025, alongside fresh board decisions, as the EGX 30 index edged up 0.37% to 52,853.9. The market’s message was strikingly two-layered: industrial earnings were in focus, yet money flowed most aggressively into property names, with Emaar Misr jumping 12.2% to EGP 11.78 and Palm Hills Developments rising 5.2% to EGP 15.96.
This session on the Egyptian stock exchange today was also shaped by a macro variable that rarely sits in the background in Cairo: foreign exchange. USD/EGP fell 0.41% to 51.97, easing part of the imported-cost pressure facing Egyptian manufacturers, including cement producers. At the same time, Brent crude climbed 3.4% on the day to $95.19 a barrel, keeping energy and transport costs elevated. For building-material companies, that creates a split backdrop: a slightly friendlier currency on one side, but still-expensive fuel on the other.
Market context: a modest index gain, but broad-based strength underneath
The headline move of 0.37% in the benchmark understated how constructive the session really was. Market breadth came in at 35 gainers, 8 losers, and 1 unchanged out of 44 tracked names, a ratio of roughly 4.4-to-1 in favor of advancers. That matters because it shows the rally was not carried by a handful of index heavyweights alone, especially as Commercial International Bank, Egypt’s bellwether lender, actually slipped 0.9% to EGP 131.75.
Turnover reinforced the idea of sector rotation rather than passive index buying. COMI led value traded at EGP 1.29 billion, followed by CCAP at EGP 900.4 million, PHDC at EGP 662.9 million, EMFD at EGP 473.3 million, and TMGH at EGP 416.0 million. In other words, flows were split between banking, investment holdings, and above all residential real estate. That is consistent with how Egyptian investors have behaved since the multiple pound devaluations of 2022-2024: real assets and domestic pricing power remain central themes, even on days when the currency stabilizes.
South Valley Cement earnings matter beyond one company
The most important earnings event of the day was the release by South Valley Cement (SVCE.CA) of its standalone annual results for 2025, together with board decisions. The exchange notice available here does not include the full income statement, balance sheet, or cash-flow detail, which means a line-by-line assessment of revenue growth, operating margin, finance costs, or net profit is not yet possible. That limitation should be stated plainly: without the full filing, any hard conclusion on earnings quality would be premature.
Still, the timing and pairing of announcements are meaningful. When a company publishes annual numbers and board decisions on the same day, it usually signals an effort to frame the market’s reading of operational performance, capital allocation, or balance-sheet priorities. In Egypt’s cement industry, those are exactly the pressure points. The sector is exposed to three major variables: energy costs, imported input and transport costs, and domestic construction demand. Brent at $95.19 complicates the first variable. A softer dollar at EGP 51.97 improves the second. The third depends on local property activity, and that was clearly the strongest pocket of the market on Monday.
The session also provided a useful read-across from Ceramic & Porcelain, which reported 9-month results and surged 8.7% to EGP 23.93, making it one of the day’s top performers. That reaction suggests investors were willing to reward building-material names when earnings helped validate operating resilience. For South Valley Cement, then, the real question is not just what 2025 looked like, but whether the company can protect margins into 2026 as fuel remains expensive while the exchange rate becomes marginally less punitive.
Property stocks stole the tape, and macro explains why
While cement supplied the earnings angle, real estate dominated price action. EMFD rose 12.2%, EGTS added 8.2%, PHDC gained 5.2%, HELI advanced 5.2%, OCDI climbed 4.7%, and ELKA was up 4.3%. That kind of clustering is rarely random. It reflects both sustained demand for listed developers and the sensitivity of the sector to currency stabilization. In Egypt, a firmer pound reduces pressure on imported construction inputs and helps developers defend delivery schedules and project economics.
Defensive consumption and healthcare also contributed. Juhayna Food Industries rose 3.2% to EGP 29.0 after board decisions, while Cleopatra Hospitals gained 2.8% to EGP 15.54 and Oriental Weavers added 2.6% to EGP 23.25. On the losing side, Eastern Company fell 2.2% to EGP 37.15, e-finance dropped 1.1% to EGP 22.25, and Abu Qir Fertilizers lost 2.8% to EGP 83.6. For fertilizers, the weakness in ABUK and MFPC, down 1.1% to EGP 43.52, can be read through both profit-taking and the global commodity backdrop, with natural gas down 3.6% to $3.17.
COMI deserves separate attention because of what it says about the broader tape. The stock fell 0.9% even as it posted EGP 1.29 billion in traded value, the highest on the market. On the EGX today scoreboard, that divergence matters. When Egypt’s largest private-sector bank softens while the benchmark still rises, leadership is clearly coming from elsewhere, in this case real estate and holdings such as CCAP, up 6.2% to EGP 5.44. In a market where banks often serve as the macro barometer, that points to a more selective risk appetite centered on domestic asset plays.
Other announcements confirm a stock-pickers’ market
Beyond SVCE and PRCL, the exchange also published Medinet MASR Housing’s consolidated first-quarter results, Wadi Kom Ombo Land Reclamation’s9-month figures, and Integrated Engineering Group’s standalone results for the period from January 1, 2026 to March 31, 2026 on the SMEs market. Again, the absence of full financial detail in the available notice flow limits precise comparisons on margins, leverage, and cash generation. But the density of earnings releases on a single day is itself important: it shows the market is moving back toward company-specific fundamentals rather than trading only on macro beta.
For readers following the Egypt stock market analysis story, that shift matters. After several quarters dominated by devaluation, external financing, and interest-rate narratives, performance gaps are widening again across sectors. Building materials are reacting to energy and FX. Property is reacting to real demand and inflation hedging. Banks remain tied to central bank policy and liquidity conditions. That is a healthier, more differentiated market structure than a one-theme tape.
