EGX30 falls 4.43% in October in first back-to-back monthly loss of 2026
The EGX30 closed October down 4.43% at 49.6 thousand points, its second straight monthly loss and first this year, with EGP 2.3 billion in net foreign selling.
The EGX30 closed October trading down 4.43% at 49.6 thousand points, its second consecutive monthly loss and the first of its kind this year.
The EGX70 index fell 9.91% to 16.8 thousand points, while the EGX100 lost 8.62%.
Foreign investors recorded net selling of EGP 2.3 billion during the month.
The market value of the Egyptian Exchange fell 4.04% to EGP 3.9 trillion, reflecting broad pressure on most shares.
What do these terms mean?
EGX30: The main Egyptian Exchange index, measuring the performance of the 30 largest listed companies by liquidity and market value.
Net foreign selling: The difference between the value foreign investors sold and bought; it is negative when sales exceed purchases.
Market capitalisation: The total value of companies' shares listed on the exchange, calculated by multiplying the share price by the number of shares.
Weekly Newsletter
Read between the lines before everyone else. Decode the most important economic, tech, and decision-maker movements in the region.. in 5 minutes every Saturday.
