Egypt stocks lose 70B EGP on Sunday
The Egyptian stock market recorded a significant decline during trading on Sunday, October 18, 2026, losing about 70 billion Egyptian pounds of its market capitalization, which dropped to 3.981 trillion pounds compared to 4.051 trillion pounds at the end of the previous week. This was due to continued selling pressures on stocks, with a collective decline in the main and sub-indices. The EGX30 index fell by 1.63%, reaching 51,421.09 points, while the EGX70 index of small and medium-sized companies decreased by 1.96%. In terms of trading, the total value of transactions amounted to approximately 3.63 billion pounds, with Egyptian investors predominantly selling, totaling a net outflow of around 64.4 million pounds. Meanwhile, Arab and foreign investors recorded net purchases of 30.2 million and 34.3 million pounds, respectively. The market started the session with a decline of 45 billion pounds, and losses deepened as trading continued, reflecting increasing selling pressure on stocks despite the gains the market had achieved at the end of the previous week.
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