Egyptian Stock Exchange Breaks 50,000-Point Mark Amid Historic Rally and Strong Foreign Inflows

Cairo – February 10, 2026

The Egyptian Stock Exchange continued its unprecedented historic surge as the main EGX30 index broke the 50,000-point barrier for the first time, closing at 50,293 points on Monday, February 9, 2026 - a 0.52% rise - driven by strong investment momentum, renewed foreign inflows, and increased confidence among local investors.

Record Gains Since Start of Year

The market capitalization of the Egyptian Exchange soared by over EGP 293 billion since early 2026, reaching EGP 3.292 trillion compared to EGP 2.999 trillion at the end of 2025, marking a growth rate of more than 9.8%. The EGX30 index rose 20.24% from 41,828 points at the year's start and posted a monthly gain of 22.01% - reflecting accelerating market optimism.

Index Performance in Early February

Strong Return of Foreign Investors

Foreign inflows returned markedly, with foreign investors recording a net purchase of EGP 4.4 billion in listed stocks since the start of the year (excluding deals), reflecting improved international sentiment toward Egypt’s market. In contrast, Arab investors had a net sale of EGP 1.4 billion, while Egyptian investors dominated 84.2% of total trading, compared to 10.4% for foreigners and 5.4% for Arabs.

Trading Distribution by Nationality

Sector Performance

Most listed sectors posted positive performance last week, led by healthcare and pharmaceuticals (+8.9%), followed by telecom, media, and IT (+7.9%).

Key Sector Performance (Feb 1-7)

Company Activity and Capital Increases

Signaling corporate confidence in future growth, seven listed companies increased their capital since the year’s start, totaling about EGP 1.1 billion, as part of expansion plans to fund future activities and strengthen financial standing. Last week also saw the successful IPO of Gourmet Dot Com Foods, which was 55.78 times oversubscribed, indicating strong appetite for new offerings.

Recent Session Performance

Main Index Evolution Over the Week

Drivers of Strong Performance

Analysts attribute the exceptional performance to several key factors: (1) notable improvements in macroeconomic indicators and investor confidence in monetary and fiscal policy; (2) bold fiscal reforms including the launch of sovereign Islamic sukuk, which won an award for best Islamic financing, enhancing Egypt’s status in global Islamic finance; (3) unprecedented momentum in M&A deals, supported by evolving financial regulations and modern investment tools; and (4) broad digital transformation plans in the exchange and financial markets, aimed at attracting more foreign investment and improving trading efficiency.

Challenges and Outlook

Despite strong performance, challenges remain, especially the underperformance of the EGX70 SME index and declines in four real estate stocks last week, with Cairo Housing & Development falling by nearly 42%. Analysts expect positive momentum to continue in the coming weeks, supported by psychological barrier breakthroughs, sustained foreign inflows, and active IPOs, but advise monitoring global geopolitical developments and Central Bank of Egypt policies that could affect the market trajectory.

Annual Performance Summary