Egypt
IN SIGHT
WHAT HAPPENED TODAY?!
Sunday, May 17, 2026
Year To Date
25.1868%
Month To Date
1.1657%
OF THE EGX30 INDEX ABOVE THE 30DAYS MOVING AVERAGE
76.66%
EGX30
52364.34
Year To Date
18.88%
Month To Date
5.74%
OF THE EGX100 EWI INDEX ABOVE THE 30DAYS MOVING AVERAGE
81.00%
EGX100 EWI
20715.98

TURNOVER

EGP 10969.24 M

Signals an alert if the volumes of EGX100 EWI stocks traded last session exceed the 10-day average, with a minimum turnover of EGP5 million.
Heat Map
Qalaa Holdings
6.51 %
EGP 5.56
Zahraa Maadi
1.60 %
EGP 6.33
Beltone Holding
0.30 %
EGP 3.25
Talaat Moustafa
-2.57 %
EGP 92.70
CIB
-1.12 %
EGP 133.00
Palm Hills
-2.58 %
EGP 13.54
South Valley
3.77 %
EGP 9.34
Fawry
-2.91 %
EGP 19.67
Kima
1.81 %
EGP 14.56
AMOC
4.11 %
EGP 8.85
Orascom Investment
0.65 %
EGP 1.54
EFG Holding
-2.62 %
EGP 27.81
Egyptian Resorts
11.92 %
EGP 16.33
Raya
-3.28 %
EGP 7.35
Heliopolis Housing
-2.31 %
EGP 6.74
Mopco
3.46 %
EGP 46.00
Abou Kir Fertilizers
2.79 %
EGP 88.20
Abu Dhabi Bank
-5.54 %
EGP 46.00
GB Corp
-5.78 %
EGP 27.50
Bonyan for Development and Trade
7.69 %
EGP 4.90
Top 20 traded stocks listed by turnover.
Investor Types

BY TYPE

Buyers
84.18%
EGP 519.24M

Net Buyers


Sellers
15.82%
EGP -348.92M

Net Sellers


BY Nationality

Buyers
94.31%
EGP 207.15M

Net Buyers


Sellers
1.91%
EGP -170.33M

Net Sellers
3.77%
EGP -36.82M

Net Sellers
Buyers vs. Sellers

SELLERS

BUYERS

54.56% SELLERS
The figure shows the average of the EGX100 EWI stocks, indicating how much of the market was lifted by buyers from sellers or hit from sellers to buyers. It also reflects the relative strength of buyers versus sellers.

MOST ACTIVE SELLERS HITTING BIDS

TMG Holding
CIB
Palm Hills

MOST ACTIVE BUYERS LIFTING OFFERS

Qalaa Holdings
Zahraa Maadi
Beltone Holding
This shows the top three Bullish stocks and the top three Bearish stocks within the EGX100 EWI.
Arbitrage Monitor

OFFICIAL FX

USD 53.00
EUR 61.49
GBP 70.49
CHF 67.22

Buy Local
Sell Foreign

Sell Local
Buy Foreign

Implies the spread between both listings, including an approximate cost for the trades.
NEXT SESSION'S OUTLOOK
Daily Sentiment Monitor

Expected Market Direction

Optimism: Buying inflows, average volumes and volatility

Watch Out For...

  • Egypt is nearing a staff-level agreement with the IMF on the seventh review of its economic reform program

  • Egypt returned to international debt markets with a $1bn eight-year social bond issuance due in May 2034

  • Egypt’s Finance Ministry raised more than EGP7bn through “Citizen Bond” issuances

  • The Egyptian government plans to inject EGP71bn in investments into the Suez Canal Economic Zone during FY2026/27 as part of efforts to expand industrial and logistics projects and attract foreign investment

  • Dragon Oil plans to invest $2bn in the Egyptian market over the next 4–5 years

  • Egypt’s unemployment rate declined to 6% in Q1 2026, down 0.2 percentage points from the previous quarter, while the labor force increased 1.7% QoQ to 35.4 mn people, according to CAPMAS data

  • BP is considering selling off select natural gas assets in Egypt as part of a global restructuring effort to trim debt and prioritize higher-margin projects

  • Egypt’s Financial Regulatory Authority said non-banking financial institutions’ financing portfolios reached EGP417bn by the end of 2025 across more than 9.8mn contracts

  • ValU (VALU EY) expects financing volumes to rise to EGP30bn by the end of 2026 from EGP7bn in 1Q26, implying annual growth of 35–40%,

  • Raya Holding (RAYA EY) announced the sale of its full stake in subsidiary Ostool Land Transport to ASCOM Mining (ASCM EY) for a total value of c. EGP641mn

  • Orascom Construction (ORAS EY) 1Q26 net profit more than doubled to $53.4mn

  • Alexandria Container and Cargo Handling Company (ALCN EY) reported an unaudited net profit of c. EGP1.95bn in 1Q26, up c. 10% YoY

  • GB Corp's (GBCO EY) 1Q26 net profit declined c. 31% YoY to EGP436mn

  • Cairo Poultry (POUL EY) reported a net profit of EGP625mn in 1Q26, down c. 38% YoY

  • Raya Holding (RAYA EY) reported an attributable net profit of EGP453.0mn in 1Q26, up c. 17% YoY from EGP387.9mn in 1Q25

  • ValU (VALU EY) 1Q26 net profit increased c. 78% YoY to EGP212mn

  • TAQA Arabia (TAQA EY) reported an attributable net profit of EGP261.8mn in 1Q26, up c. 59% YoY from EGP164.9mn in 1Q25

  • Mostaqbal Misr sold its full 10.296% stake in Development & Engineering Consultants (DAPH EY) for a total value of EGP229.5mn

Technical Trades
13%

DSCW.CA
1.86

  • Target: 2.20
  • Buy at: 1.95
  • Stop Loss: 1.87
Trading Range
1.87 1.95
Stop Loss
11%

ETEL.CA
94.25

  • Target: 105.00
  • Buy at: 94.75
  • Stop Loss: 90.99
Trading Range
90.99 94.75
Sideways Range
10%

OFH.CA
0.64

  • Target: 0.68
  • Buy at: 0.62
  • Stop Loss: 0.59
Trading Range
0.62 0.68
Buy
8%

MICH.CA
37.02

  • Target: 37.00
  • Buy at: 34.25
  • Stop Loss: 33.40
Trading Range
34.25 37.00
Target Realized
Target and stop loss prices have a tolerance of 0.5%
The Weekly Calendar
WEEK 17 MAY - 21 MAY

Sunday

Oriental Weavers - Record date for dividend eligibility
Nilesat - Record date for dividend eligibility

Monday

TMG Holding - Record date for dividend eligibility

Tuesday

Rameda - Extraordinary Shareholder Meeting
Elsewedy Electric - Extraordinary Shareholder Meeting
Arab Dairy-Panda - Extraordinary Shareholder Meeting
Arab Dairy-Panda - Shareholder Meeting

Wednesday

EGYTRANS - Shareholder Meeting
Oriental Weavers - Distribution of cash dividends
Nilesat - Distribution of cash dividends

Thursday

TMG Holding - Distribution of cash dividends
The Egyptian Modern Education Systems - Shareholder Meeting
Insider Trading

Gogreen for Agricultural Investment

insider sell 5143452 shares

Gogreen for Agricultural Investment

insider sell 13002572 shares

Sabaa International Company For Pharmaceutical and Chemical

Major Shareholder sell 200000 shares

Engineering Industries (ICON)

insider sell 6300 shares

Engineering Industries (ICON)

insider sell 6300 shares

Commercial International Bank- Egypt (CIB)

insider sell 7439 shares

Commercial International Bank- Egypt (CIB)

insider sell 16 shares

TMG Holding insider

buy 300000 shares

EGX 30 INDEX ETF

Major Shareholder buy 20000 shares

E-Finance For Digital and Financial Investements SAE

insider sell 10000 shares

Digitize for Investment And Technology

insider sell 100000 shares

Act Financial

insider sell 26667 shares

Heliopolis Housing

insider buy 9000 shares

El Badr Investment And Development BID

insider buy 30000 shares
All trades from the previous session.

Beltone Trading, Beltone Holding, Office Building 1, SODIC Eastown Road 90 South, 11865 New Cairo, Egypt

beltonetrading@beltoneholding.com

https://www.beltoneholding.com

Tel: +20 (0)2 2461 6300 | Fax: +20 (0)2 2461 9850

Important Notice and Disclosures

1. Author, Regulator and Responsibility

This document has been issued by Beltone Securities Brokerage S.A.E (“BSB”) a joint stock company incorporated under the laws of Arab Republic of Egypt (“Egypt”) and authorized and regulated by the Financial Regulatory Authority (“FRA”) to carry on financial services through the Egyptian Exchange (“EGX”).

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