Egypt’s stock market suffered sharp losses on Sunday, shedding nearly EGP45 billion in market value in the first trading session of the week, as mounting geopolitical tensions across the region triggered a broad sell-off led by foreign and Arab investors.
The benchmark EGX30 index fell 1.49% to close at 52,364 points, extending its losing streak for a fifth consecutive session after retreating from last Monday’s peak of 54,977 points. The decline underscored growing investor caution amid heightened regional uncertainty and profit-taking pressure across heavyweight stocks.
Losses were also evident across broader market indices. The EGX70 EWI, which tracks small and mid-cap shares, declined 1.29% to 14,892 points, while the EGX100 EWI fell 1.31% to close at 20,715 points. The Islamic Shariah Index posted the steepest decline among the major gauges, dropping 2.11%.
Total market cap dropped to EGP3.761 trillion, while trading turnover reached approximately EGP11 billion. Egyptian investors emerged as net buyers during the session, partially offsetting heavy selling activity from Arab and foreign institutions.
Among the day’s biggest losers were GB Auto, Abu Dhabi Islamic Bank Egypt, Arabian Cement, Raya Holding, and Fawry, with declines ranging between 2.9% and 5.8%. Shares of Commercial International Bank (CIB), the market’s largest listed lender, slipped 1.12%, while Edita Food Industries fell 0.9%. Talaat Moustafa Group, one of Egypt’s leading property developers, dropped 2.57%.
Despite the broad-based downturn, a handful of stocks managed to post gains. Qalaa Holdings led advancers with a 6.5% jump, followed by AMOC, which climbed 4.12%, while Abu Qir Fertilizers gained 2.8%. Other gainers included KIMA, Orascom Investment Holding, and Beltone Holding.
Market participants are now bracing for a pivotal trading week as several major listed companies prepare to hold shareholder meetings, announce cash dividend distributions, and disclose ownership and capital restructuring plans. Analysts say the developments could inject further volatility into trading activity in the coming days.
At the same time, Egyptian listed firms have accelerated capital increase plans since the beginning of 2026 in a push to strengthen balance sheets and finance expansion strategies across key sectors, including banking, real estate, industry, financial services, and healthcare.
According to market data, executed capital increases reached approximately EGP19.1 billion by the end of last week, reflecting continued corporate appetite for growth financing despite ongoing market turbulence.
The latest decline comes only days after the Egyptian Exchange recorded strong weekly gains, with total market capitalization rising by nearly EGP667 billion in the previous week to close at EGP3.806 trillion, highlighting the sharp swings currently dominating investor sentiment.
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