Cairo — Egypt’s stock market ended trading on Thursday, 14 May 2026 on a mixed note, with the benchmark index extending its recent decline as investors continued trimming positions in large-cap stocks, while broader indices maintained modest gains supported by selective buying in mid- and small-cap shares.
The benchmark EGX30 fell 0.49% to 53,154.84 points, according to data from the Egyptian Exchange (EGX), marking the fourth consecutive session of declines following the market’s rally to multi-year highs earlier this month. The EGX33 Shariah index slipped 0.39%, while the EGX35-LV edged up marginally by 0.01% to 6,021.82 points.
Broader market indicators remained relatively resilient. The EGX70 index of small and medium-sized companies added 0.12% to 15,087.56 points, while the broader EGX100 advanced 0.23% to 20,990.78 points, extending gains as trading activity remained concentrated in selected non-blue-chip shares.
Total market capitalization stood at approximately EGP 3.806tn, remaining near recent highs despite continued weakness in heavyweight stocks.
Investor flows again reflected divergent positioning. Egyptian and Arab investors were net buyers, recording purchases of approximately EGP 14.23bn and EGP 998 mn, respectively, while non-Arab foreign investors were net sellers by around EGP 15.23bn, according to EGX data.
Trading activity remained selective across sectors. Creast Mark for Contracting and Real Estate Development surged 15.42%, while Qalaa for Financial Investments rose 9.89% and Arab Aluminum gained 9.44%. On the downside, Misr Duty Free Shops fell 5% after recent sharp gains, while Ismailia Development and Real Estate Co declined 4.59% and El-Nile Company for Pharmaceuticals and Chemical Industries slipped 3.83%.
The session came as regional markets continued to trade cautiously amid uncertainty surrounding negotiations between the United States and Iran and ongoing concerns over shipping routes through the Strait of Hormuz. Recent reporting by Reuters indicated that Gulf equity markets remained sensitive to oil-price movements and geopolitical developments, although improving domestic macroeconomic conditions continued to support sentiment in Egypt.
Local economic indicators have recently provided additional 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, reinforcing expectations of greater macroeconomic stability and continued resilience in the Egyptian pound.
Investors are also closely monitoring ongoing discussions surrounding capital-market reforms, including potential adjustments to capital gains taxation and measures aimed at broadening market participation and enhancing liquidity.
Market view: Thursday’s session reinforced the recent divergence between benchmark performance and broader market momentum. While profit-taking and foreign selling continued to pressure the EGX30, selective domestic buying and continued strength in mid- and small-cap shares suggested that trading activity remained active despite growing caution in large-cap stocks.
