1 Day
Source:
مصراوي
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Banque du Caire's Gains
Two experts attributed the limited gains in Cairo Bank’s share price to the offer price of EGP 5.30 being close to its estimated fair value of EGP 5.55, and to its price-to-earnings ratio of around 5 times, compared with 3.7 times for Crédit Agricole and 3.5 times for QNB Al Ahli. Its gains were also capped by the timing of the offering, which came after the benchmark index had climbed from 18,000–20,000 points to around 50,000, as well as by intensifying competition in the banking sector and selling pressure linked to liquidity needs and margin settlements, despite buying interest in the stock. After rising 7% at the start of trading on November 2, 2026, the share reached EGP 5.57 in the November 9 session, up 1.09% from the offer price.
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