Egyptian Market Rises Mid-Session, Led by Real Estate with 26.5% of Total Turnover

Cairo | EcoPulse24

The Egyptian Exchange continued its positive performance during mid-session trading on Wednesday, February 4, 2026, with the market remaining open. The EGX30 index moved within a limited upward range, supported by selective purchases in real estate, non-banking financial services, and banks. Some leading stocks showed caution after strong gains since the year's start.

Main EGX30 Index Performance:
- Current level: 49,205.6 points
- Opening: 48,978.48 points
- Highest: 49,293.06 points
- Lowest: 48,978.48 points
- Daily change: +0.46%
- Year-to-date performance: +17.64%
This movement reflects the continuation of a medium-term upward trend, albeit at a slower pace compared to recent strong rallies.

Dollar-Denominated EGX30:
- Value: 3,537 points
- Change: +3.08%
The strong performance of the dollar index signals a relative improvement in the market's attractiveness to foreign investors.

Liquidity and Trading Distribution:
- Turnover value: EGP 680.7 million
- Volume: 74.3 million shares
- Number of transactions: 14,453
- Market cap: EGP 1.803 trillion

Sectoral Liquidity Map:
- Real Estate: Largest liquidity share at 26.5%, reflecting ongoing interest in development stocks.
- Non-Banking Financial Services: 11.7% of trades, driven by active financing and leasing shares.
- Healthcare & Pharmaceuticals: 11.9%, led by operationally defensive stocks.
- Telecom & IT: 9.2%, with active blue-chip trading.
- Banks: Though volumes are limited, banks hold over 25% of market capitalization, remaining a key index pillar.
Sectors like energy, utilities, and tourism saw limited trading, reflecting a lack of short-term catalysts.

EcoPulse24 Analysis:
The current market performance signals a healthy consolidation phase after strong early-year gains. The index is moving in a tight range, with limited profit-taking offset by targeted inflows, particularly in real estate and financials. Technically, maintaining levels above 49,000 points supports a scenario of positive stability, while 49,300 points represents a near-term resistance that could shape upcoming sessions. Continued strength in the dollar index enhances the medium-term outlook, provided liquidity remains steady and selling pressure does not escalate ahead of weekly closes.