The clearest signal from the Egyptian stock exchange today came from property: Heliopolis for Housing & Development jumped 7.3% to EGP 7.33 on EGP 634.8 million in turnover, one of the heaviest flows on the market on Thursday, July 9, 2026. That move helped lift the EGX 30 index to 52,311.5 points, up 0.54%, even as USD/EGP climbed to 49.56, a sharp 1.59% daily rise.
Key figures
- HELI +7.3% at EGP 7.33
- EGP 634.8m traded in HELI
- EGX 30 +0.54% at 52,311.5
- 28 gainers vs 14 losers
- USD/EGP 49.56, up 1.59%
Market context: EGX today rose even as the currency weakened
Egypt’s benchmark closed higher by 0.54%, with market breadth firmly positive at 28 stocks up, 14 down, and out of tracked names. That matters because it shows Thursday’s advance was not just a narrow index move. It was a broader rotation into selected domestic plays, especially companies tied to hard assets and local pricing power, at a time when the Egyptian pound was again under pressure.