The stock that truly set the tone on Wednesday, April 29, 2026 was not the day’s top percentage gainer but the market’s biggest liquidity magnet: Qalaa Holdings drew EGP 638.5 million in turnover and rose 3.0% to EGP 4.77, while the EGX 30 index added only 0.29% to 52,383.1 points. That gap between a highly active single name and a restrained benchmark says a lot about the Egyptian stock exchange today: money is returning to liquid stories, but it is doing so selectively as the currency weakens and energy prices stay elevated.
The macro backdrop remains impossible to ignore. USD/EGP rose another 0.82% to 52.95, which matters because Egyptian equity gains look smaller in dollar terms every time the pound softens. At the same time, Brent crude held at $110.7 a barrel, down 0.5% on the day but still up 5.1% over the week. For Egypt, that combination is important: a firmer dollar raises imported cost pressure, while higher oil prices can worsen the external bill and complicate margin assumptions for energy-intensive sectors.
Key figures
- EGX 30: 52,383.1 points, up 0.29%
- Qalaa Holdings: +3.0% at EGP 4.77
- Qalaa turnover: EGP 638.5m, highest on the market
- USD/EGP: 52.95, up