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اليوم السابع
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اليوم السابع

2026-08-05T22:00:00.000Z

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Market Update for August 5 2026

Market Update for August 5 2026

The Egyptian Stock Exchange closed today, Wednesday, with gains in most indices driven by buying activity from Egyptian investors. The small and medium-sized companies index experienced a marginal decline due to profit-taking on speculative stocks, especially GlaxoSmithKline. The market achieved a profit of 18 billion Egyptian pounds, with the market capitalization reaching 4.092 trillion pounds. Trading involved 3.2 billion shares valued at 12.9 billion pounds. News highlighted rises in the EGX 30 and EGX 100 indices, while the small and medium-sized companies index declined. There were selling pressures from Arab and foreign institutions and individuals, contrasted by buying from foreign individuals and Egyptian institutions. Additionally, the stock exchange announced a temporary halt for 16 listed shares due to their price fluctuation exceeding 5%. Positive financial results were reported for companies such as Juhayna and Middle and West Delta Mills. Projects worth approximately 462.8 million pounds were received, along with various domestic trading activities.

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