The standout move on the Egyptian stock exchange today came from Misr Cement Qena, whose shares surged 15.9% to 219.99 EGP, far outpacing the EGX 30 index, which rose 1.61% to 53,911.1 points. That outperformance matters because it happened in a session where bellwether lender Commercial International Bank slipped 0.6% to 126.99 EGP, showing that Sunday’s rally was driven by sector rotation rather than a simple bank-led move.
Key figures
- MCQE +15.9% at 219.99 EGP
- EGX 30 +1.61% at 53,911.1
- ETEL +8.2% at 150.08 EGP
- HRHO +7.4% on EGP 492.8 million turnover
- CCAP -1.0% on EGP 627.3 million turnover
Market context: broad gains despite weakness in CIB
Sunday, 4 October 2026 ended with a clearly positive tone for Egyptian equities, with 32 stocks up, 10 down and out of tracked names. That breadth is important. It suggests the market’s advance was not concentrated in one defensive heavyweight, but spread across materials, telecoms, non-bank financials and selected domestic plays.