EGX 30 jumps 2.68% as Talaat Moustafa posts EGP 170 bln in sales
The EGX 30 closed up 2.6829% at 52,502.7 on July 6, extending a 1.18% gain on July 5, according to market data and a Cairo bourse report. Talaat Moustafa Group said second-quarter sales rose 28% to EGP 170 billion, according to Dailynewsegypt. Elsewedy Electric launched a new generator range on June 29 to support industrial growth, according to ZAWYA and Billionaires.Africa. Sustainable Capital Africa Alpha Fund cut its stake in Orascom Construction on June 29, ZAWYA reported.
Related stories
Cairo Stock Exchange — SAIB Jumps 19.9% as Bank Momentum Lifts EGX 30 by 1.12%
SAIB surged 19.9% to 2.53 EGP on Sunday, far outpacing the EGX 30’s 1.12% gain. The move puts banks back at the center of the Egyptian stock exchange today, with USD/EGP at 50.76 and Brent crude at $94.39 a barrel.
Release from Egyptian Gulf Marseilia For Real Estate Investment (MAAL.CA) Concerning the Board of Directors' Decisions
EGX 30 falls 1.38% despite solid results from Juhayna, EFG and Egyptian Resorts
The EGX 30 closed down 1.38% at 54,512.7 on Aug. 19, despite a run of broadly positive corporate updates. Egyptian Resorts posted consolidated first-quarter profit of EGP 11.4 million, according to TradingView. Juhayna Food Industries reported a profit of $27.62 million in the first quarter of 2026, according to Dairy Business Middle East & Africa. EFG Holding reported higher revenue while Bank NXT profit jumped 33%, Gulf Business reported.