On Wednesday, April 8, 2026, Orascom Construction delivered one of the sharpest moves among Cairo blue chips, jumping 8.7% to 567.0 EGP as risk appetite returned decisively to Egyptian equities. The EGX 30 index climbed 4.10% to 48,594.0 points, with 34 stocks advancing, 9 declining and 1 unchanged, a breadth profile that showed this was a broad-based rally rather than a narrow technical bounce.
Key figures
- ORAS +8.7% at 567.0 EGP
- EGX 30 +4.10% at 48,594.0
- 34 gainers versus 9 losers
- Brent at $95.32/bbl, down 12.8% on the day
- USD/EGP at 53.2, down 1.87%
Egyptian stock exchange today: FX relief and sector rotation drove the move
The Egyptian stock exchange today was shaped by two macro variables that matter more than most on the EGX: currency and energy. The USD/EGP rate fell to , giving the market a rare session of currency relief. In Egypt, where repeated devaluations between reshaped valuation frameworks, a firmer pound changes how investors read local assets, especially in dollar terms. Even when local stocks rise in EGP, the FX backdrop determines whether foreign investors see genuine recovery or just nominal inflation.