ADVERTISEMENT

EGX extends decline as broader market weakness outweighs selective foreign buying

The Middle East Observer
May 20, 2026

Cairo — Egypt’s stock market extended its recent decline on Monday, 18 May 2026, with broad-based losses across major indices reflecting continued profit-taking and cautious investor sentiment following the market’s strong rally earlier this month. The benchmark EGX30 fell 0.68% to 52,007 points, according to data from the Egyptian Exchange (EGX), hovering near the 52,000-point […] The post EGX extends decline as broader market weakness outweighs selective foreign buying appeared first on The Middle East Observer .

Share this article

Read Full Article at Source

Related Articles

Egypt’s MCIT Expands Qodwa.Tech Drive to Strengthen Women’s Digital Empowerment
Egypt’s Ministry of Communications and Information Technology is expanding its women’s digital empowerment agenda through the Qodwa.Tech initiative, positioning technology, e-commerce and artificial intelligence as tools for supporting female entrepreneurship and wider economic inclusion. Minister of Communications and Information Technology Raafat Hindi attended the sixth edition of the “Future of Women Empowerment in the Era…
The Middle East Observer
May 21, 2026
Haier Signs Four-Year Sponsorship With Al Ahly FC, Becoming The Club’s Second Main Sponsor
(MENAFN - EQS Group) Haier / Key word(s): Contract/Agreement Haier Signs Four-Year Sponsorship with Al Ahly FC, Becoming the Club's Second Main Sponsor 20.05.2026 / 15:40 CET/CEST The ...
Menafn
May 21, 2026
ADVERTISEMENT
All Portals 🇱🇧🇦🇪🇪🇬🇸🇦 كل البوابات
Latest News Politics Economy & Business Opinion International Sports Entertainment Society Local