Cairo — Egypt’s stock market ended the week of 8–12 March mostly lower as regional tensions linked to the escalating Iran-Gulf conflict dampened investor appetite across Middle East equities.
The benchmark EGX30 fell 0.86% on Thursday to 46,790.96 points, while the EGX70 index of small and medium-sized companies dropped 0.53% and the broader EGX100 lost 0.42%. The EGX33 Shariah index declined 0.75%, while the low-volatility EGX35-LV edged up 0.03%. Total market capitalization stood at roughly EGP 3.28tn.
Regional markets have been under pressure as investors reassess geopolitical risks, rising oil prices and potential disruptions to trade routes and energy flows in the Gulf. Analysts cited by local financial media said the volatility reflects heightened risk premiums rather than deteriorating corporate fundamentals.
Among individual stocks, Gourmet Egypt.Com Foods, Misr Hotels and Gogreen for Agricultural Investment led gainers, while Abu Dhabi Islamic Bank–Egypt and Raya Holding were among the main decliners.
