Cairo — Egypt’s stock market rebounded on Tuesday, 19 May 2026, recovering part of the previous session’s losses as local buying returned to the market following several days of broad-based declines.
The benchmark EGX30 rose 1.48% to 52,774.98 points, according to data from the Egyptian Exchange (EGX), recovering after Monday’s decline pushed the index close to the 52,000-point level. The rebound came as investors selectively returned to large-cap and real-estate-related shares following the market’s recent consolidation phase.
Broader market indices also ended higher. The EGX70 index of small and medium-sized companies gained 0.71% to 14,771.63 points, while the broader EGX100 advanced 0.72% to 20,579.64 points. The EGX33 Shariah index climbed 1.88%, outperforming the broader market, while the EGX35-LV rose 0.76%.
Total market capitalisation increased to approximately EGP 3.773tn, partially reversing losses recorded earlier this week.
Investor flows reflected renewed domestic support. Egyptian investors were net buyers by approximately EGP 8.95bn, while non-Arab foreign investors recorded net purchases of around EGP 242.6mn, according to EGX data. Arab investors, meanwhile, were net sellers by around EGP 9.19bn.
Trading activity remained concentrated in selected real-estate and tourism-linked shares. Creast Mark for Contracting and Real Estate Development rose 12.15%, while Egyptian for Tourism Resorts gained 10.75% and Mena Touristic & Real Estate Investment advanced 9.51%. On the downside, North Cairo Mills fell 10.28%, while Rubex International for Plastic and Acrylic Manufacturing declined 3.98% and M.B Engineering slipped 3.16%.
The rebound came as regional markets remained volatile amid continuing uncertainty surrounding negotiations between the United States and Iran and fluctuating oil prices. Recent reporting by Reuters indicated that Gulf equity markets traded cautiously as investors monitored developments linked to energy markets and shipping security in the Strait of Hormuz.
At the domestic level, improving macroeconomic indicators continued to provide underlying support for Egyptian equities. Earlier this month, the Central Bank of Egypt (CBE) reported that annual core inflation slowed to 13.8% in April, while net foreign reserves rose to $53.01bn, supporting expectations of greater macroeconomic stability and improved currency conditions.
Market participants also continued monitoring discussions surrounding capital-market reforms and taxation adjustments aimed at deepening market liquidity and attracting broader investor participation.
Market view: Tuesday’s rebound suggested that investor appetite remains active despite the recent correction in Egyptian equities. While volatility in regional markets continues to weigh on sentiment, renewed domestic buying and selective foreign participation indicate that investors are still willing to re-enter the market during periods of weakness, particularly in real-estate and tourism-linked shares.
