The clearest move on the Egyptian stock exchange today came from Amer Group Holding, whose shares jumped 9.6% to 3.88 EGP on Thursday, July 16, 2026, making it the session’s top gainer. The rally came as the EGX 30 index rose 0.70% to 52,928.1 points, suggesting that Amer’s move was not just an isolated spike but part of a broader risk-on tone across Cairo equities.
Amer’s surge also landed in a slightly friendlier macro backdrop for Egyptian assets. The USD/EGP eased 0.57% to 50.4, a meaningful move in a market where currency dynamics remain the dominant lens for valuation after Egypt’s repeated devaluations between 2022 and 2024. That matters because local equity gains in EGP do not automatically translate into stronger returns in U.S. dollar terms; when the pound stabilizes or firms, domestic stock rallies become easier for investors to justify.
Key figures
- Amer Group +9.6% at 3.88 EGP
- EGX 30 +0.70% at 52,928.1
- 33 stocks up, 8 down, 3 unchanged
- USD/EGP 50.4, down 0.57%
- TMGH traded 796.4 million EGP, the day’s heaviest turnover