Cairo — Egypt’s stock market opened the trading week higher on Sunday, 24 May 2026, with broad gains across major indices as selective foreign buying and renewed interest in financial shares helped the market recover part of the losses recorded during the previous week’s consolidation phase.
The benchmark EGX30 rose 1.48% to 52,861.47 points, according to data from the Egyptian Exchange (EGX), recovering after recent volatility pushed the market below the 52,000-point level earlier in May. Broader market indices also advanced, with the EGX70 index of small and medium-sized companies climbing 1.29% to 14,584.55 points, while the broader EGX100 gained 1.25% to 20,388.16 points.
The EGX33 Shariah index rose 0.81%, while the EGX35-LV advanced 1.24%, indicating a broad recovery across both large-cap and smaller-cap segments.
Total market capitalization increased to approximately EGP 3.762tn, partially reversing declines recorded during the previous week.
Investor flows showed renewed foreign participation. Non-Arab foreign investors were net buyers by approximately EGP 233.5mn, while Egyptian and Arab investors were net sellers, recording outflows of around EGP 156.3mn and EGP 77.2mn, respectively, according to EGX data.
Financial and investment-related shares led the session’s gains. Raya Holding for Financial Investments rose 7.59%, while Bonyan for Development and Trade gained 6.82% and B Investments Holding advanced 6.37%. On the downside, Arab Dairy Products (Panda) fell 5.38%, while Gogreen for Agricultural Investment declined 4.24% and Arab Cotton Ginning slipped 3.40%.
The rebound came as regional equity markets remained sensitive to developments surrounding oil prices and negotiations involving the United States and Iran. Recent reporting by Reuters indicated that Gulf markets traded cautiously amid continued uncertainty over shipping security in the Strait of Hormuz and broader energy-market volatility.
At the domestic level, improving macroeconomic indicators continued to support sentiment in Egyptian assets. Earlier this month, the Central Bank of Egypt (CBE) reported that annual core inflation slowed to 13.8% in April, while net foreign reserves increased to $53.01bn, reinforcing expectations of greater macroeconomic stability and improved currency conditions.
Investors also continued monitoring discussions surrounding capital-market reforms and potential adjustments to taxation policies affecting stock-market transactions, amid broader government efforts to deepen liquidity and expand investor participation in the Egyptian market.
Sunday’s session suggested that investor appetite remains active following the market’s recent consolidation phase. While volatility linked to regional developments continues to weigh on sentiment, renewed foreign buying and broad gains across financial and mid-cap shares indicate that investors are selectively rebuilding positions in Egyptian equities.
