The Egyptian stock market witnessed significant activity on Wednesday, September 23, 2026, with local investors accounting for 88.8% of total transactions on listed shares. Foreign investors made up 7.8% of transactions, while Arab investors comprised 3.4%, after excluding deals. This reflects a dominant presence of local investors in the market.
Foreign investors recorded a net sell of EGP 484.2 million during the session, while Arab investors also sold with a net value of EGP 71.7 million, after excluding deals. This selling trend by foreign and Arab investors contributed to the market's decline. The Egyptian market has seen substantial local participation this year, with locals accounting for 88.2% of trading value on listed shares since the beginning of the year.
The Egyptian stock market indices declined at the close of Wednesday's trading session. The market capitalization lost approximately EGP 46 billion, closing at EGP 4.296 trillion. The main index, EGX30, dropped by 1.29% to close at 54,224 points. Other indices also saw declines, with EGX30 weighted and EGX30 total return down by 1.01% and 1.28%, respectively.
In addition to the main indices, other sectoral indices also experienced losses. The EGX35-LV index, which tracks low-volatility stocks, fell by 0.71% to close at 6,705 points. The EGX70 index, which tracks small and medium-sized enterprises, declined by 1.16% to close at 20,222 points. Similarly, the EGX100 index dropped by 1.14% to close at 26,686 points.
The previous trading session on Tuesday, September 22, 2026, saw a mixed performance by the Egyptian stock market indices. The market capitalization rose by EGP 5 billion to reach EGP 4.342 trillion. While the EGX30 index declined by 0.12%, some other indices saw gains, including the EGX33 Islamic Sharia index, which rose by 0.67%.
On Tuesday, some indices experienced gains, bucking the overall trend. The EGX70 index and EGX100 index declined marginally, by 0.01% and 0.02%, respectively. However, the EGX30 capped index and EGX35-LV index saw increases, reflecting varied investor sentiment across different sectors.
The Egyptian stock market has seen significant fluctuations in recent sessions. The market's performance is influenced by various factors, including investor sentiment and economic conditions. The dominant presence of local investors and the selling trend by foreign and Arab investors have contributed to the market's recent movements.
Key points
- Local investors accounted for 88.8% of transactions on the Egyptian stock market on Wednesday.
- The Egyptian stock market indices declined at the close of Wednesday's trading session, with the market capitalization losing approximately EGP 46 billion.
- The market has seen a dominant presence of local investors this year, with locals accounting for 88.2% of trading value on listed shares since the beginning of the year.
