Egyptian Stocks End Higher as Foreign Buying Lifts Market Cap.

Egyptian equities closed broadly higher on Sunday, supported by strong gains in small- and mid-cap stocks and sustained foreign investor buying, with the market adding nearly EGP 20 billion in value by the end of the trading session.

The benchmark EGX30 Index edged up 0.11% to close at 52,679 points, while the EGX70 Equal Weight Index, which tracks small- and medium-sized companies, jumped 1.39% to 15,759 points. The broader EGX100 Index advanced 1.11%, ending the session at 21,591 points.

The rally pushed the market capitalization of listed companies higher by approximately EGP 19.9 billion, bringing the total market value to EGP 3.761 trillion at the close of trading.

Market breadth remained positive, with 121 stocks posting gains, compared with 77 decliners, while 23 stocks ended the session unchanged.

Foreign investors emerged as net buyers, injecting EGP 172.2 million into the market, helping offset selling pressure from domestic and Arab investors. Egyptian investors recorded net sales of EGP 49.03 million, while Arab investors posted net sales totaling EGP 123.2 million.

Trading activity remained robust, with the value of transactions in listed shares reaching approximately EGP 9.60 billion. Investors traded around 2.4 billion shares through 212,672 transactions involving 221 listed companies.