Egypt’s stock market closed the week in the green, with the EGX30 index up 0.29% to 37,687.04 points on Thursday, 23 October. At the same time, the broader indices also rose—EGX33 (Shariah-compliant) advanced 0.69% to 3,855.79, EGX35‑LV gained 0.31% to 4,297.49, the SMEs index EGX70 climbed 0.69% to 12,079.80, and EGX100 rose 0.74% to 15,836.66. The total market capitalisation reached approximately EGP 2.74 trillion.
Foreign investors emerged as net buyers, with Arab investors purchasing around EGP 118.6 million and non-Arab foreigners buying roughly EGP 3.94 billion, while Egyptian investors were net sellers at about EGP 4.06 billion. (Amwal Al Ghad – Oct 2025).
Top gainers included El Saeed Contracting & Real Estate Investment Company (SCCD) up 14.41%, Saudi Egyptian Investment & Finance climbing 10.74%, and Misr Beni Suef Cement gaining 8.07%. On the downside, October Pharma fell 6.77%, North Cairo Mills declined 5.67%, and Gadwa for Industrial Development dropped 4.07%. (Amwal Al Ghad – Oct 2025).
For business leaders and investors, the uptick signals renewed confidence in Egypt’s equity market and opens the door for further capital inflows as strategic reforms advance. Policymakers may regard the trend as validation of the ongoing economic-reform agenda, helping sustain momentum heading into the year-end. Diplomatically, a buoyant equity market reinforces Egypt’s broader narrative of economic resilience to regional shocks and global headwinds.
The positive performance aligns with expectations of improved macroeconomic dynamics in Egypt. According to a recent report by Azimut Investments, Egypt is entering a new growth phase with GDP forecast at roughly 5% in Q4 2025, supported by monetary easing, improved dollar liquidity and recovering foreign direct investment. Meanwhile, the country’s credit profile has been bolstered by S&P Global upgrading Egypt’s sovereign rating to ‘B’ on 10 October, citing reform momentum and economic rebound.
Investor interest is also anchored on the forthcoming review of Egypt’s IMF-supported programme, which when concluded could unlock additional funding and underpin market sentiment.
Regionally, strong performance at the Egyptian Exchange (EGX) may attract GCC and other Middle Eastern capital flows seeking exposure to North Africa’s largest economy. Globally, a quietly strengthening Egyptian market offers an alternative within emerging markets for investors seeking higher yield amid slack in many developed-market equities.
With October drawing to a close, the momentum appears set to continue. Provided that the IMF review concludes as expected and the currency and inflation outlook remain stable, the EGX could sustain its upward drift. A reasonable scenario could see EGX30 moving into the 38,000-38,500 range by month-end, supported by renewed foreign flows and positive macro signals. For investors, this presents a timely window to engage; for policymakers and diplomats, it affirms the interplay between structural reform and capital-market performance.
