The day’s clearest contrast on the Egyptian stock exchange today came down to one number: Amer Group Holding surged 9.0% to EGP 2.66 on Wednesday, May 13, 2026, even as the EGX 30 index fell 1.19% to 53,416.2 points. That divergence matters because it shows how selective money has become in Cairo: while heavyweight financials dragged the benchmark lower, parts of the real estate complex still attracted buyers on company-specific momentum and a supportive inflation-hedge narrative.
The broader session was negative. Market breadth stood at 16 gainers, 25 losers, and 3 unchanged out of 44 stocks tracked. The pressure was concentrated in index heavyweights. CIB, the bellwether bank of the Egyptian market, dropped 2.5% to EGP 136.46 and posted the heaviest turnover at EGP 1.02 billion. Fawry lost 1.7% to EGP 20.53, while Telecom Egypt fell 1.9% to EGP 96.6. When large-cap banking, telecom, and fintech names all weaken in the same session, the benchmark usually struggles regardless of strength in smaller pockets of the market.
Key figures
- EGX 30: 53,416.2 points (-1.19%)