Egypt
IN SIGHT
WHAT HAPPENED TODAY?!
Tuesday, September 22, 2026
Year To Date
31.3226%
Month To Date
0.1182%
OF THE EGX30 INDEX ABOVE THE 30DAYS MOVING AVERAGE
36.66%
EGX30
54930.89
Year To Date
54.91%
Month To Date
-0.98%
OF THE EGX100 EWI INDEX ABOVE THE 30DAYS MOVING AVERAGE
36.00%
EGX100 EWI
26994.70

TURNOVER

EGP 9821.53 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
CIB
-1.23 %
EGP 131.50
Korra for Energy and Investment Projects
3.66 %
EGP 6.79
Qalaa Holdings
1.12 %
EGP 7.21
Telecom Egypt
2.38 %
EGP 137.50
Nile Pharmaceuticals
11.37 %
EGP 342.00
Orascom Development
0.14 %
EGP 41.92
Creast mark for Contracting
-3.35 %
EGP 3.74
O B Financial Holding
5.82 %
EGP 1.09
Industrial and Engineering Projects
5.94 %
EGP 0.89
Memphis Pharmaceutical
2.50 %
EGP 393.11
GB Corp
1.20 %
EGP 31.11
Talaat Moustafa
0.39 %
EGP 94.27
EFG Holding
-1.28 %
EGP 24.60
Macro Group
3.70 %
EGP 1.68
Egyptian Resorts
10.71 %
EGP 18.71
Act Financial
-2.31 %
EGP 2.95
Heliopolis Housing
2.11 %
EGP 8.20
Orascom Construction
0.71 %
EGP 841.00
EIPICO
1.31 %
EGP 115.50
Abou Kir Fertilizers
-0.31 %
EGP 93.70
Top 20 traded stocks listed by turnover.
Investor Types

BY TYPE

Buyers
24.25%
EGP 198.14M

Net Buyers


Sellers
75.75%
EGP 178.82M

Net Sellers


BY Nationality

Buyers
88.8%
EGP 402.68M

Net Buyers


Sellers
9%
EGP -376.96M

Net Sellers
2.2%
EGP -25.72M

Net Sellers
Buyers vs. Sellers

SELLERS

BUYERS

50.52% 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

Korra for Energy and Investment Projects
Orascom Development Egypt
Creast mark For Contracting

MOST ACTIVE BUYERS LIFTING OFFERS

CIB
Qalaa Holdings
Telecom Egypt
This shows the top three Bullish stocks and the top three Bearish stocks within the EGX100 EWI.
Arbitrage Monitor

OFFICIAL FX

USD 51.56
EUR 59.16
GBP 68.99
CHF 62.99

Buy Local
Sell Foreign

-8.28%
CIB
-6.26%

Sell Local
Buy Foreign

0.59%
CIB
2.49%
Implies the spread between both listings, including an approximate cost for the trades.
NEXT SESSION'S OUTLOOK
Daily Sentiment Monitor

Expected Market Direction

Uncertainty: Sideways movement after a downtrend, average volumes

Watch Out For...

  • Egypt targets raising more than $1.5bn from stakes in state-owned companies during FY26/27 under its divestment program.

  • Egyptian remittances surged 20% YoY in July 2026 to around $4.5bn, bringing 7M26 remittances to $29.7bn

  • Egypt is reportedly planning to build its first strategic crude oil stockpile of 16mn barrels, with new supply agreements covering 10mn barrels from Libya and 6mn barrels from Iraq, according to sources

  • The government plans to launch a new international oil and gas exploration bid round covering ten blocks across the Western Desert, Gulf of Suez and Sinai in January

  • The finance ministry is preparing 16 desalination, wastewater treatment, and electricity projects worth a combined $3.08bn under the PPP model, with desalination projects accounting for $2.68bn of the pipeline

  • Qatari Diar is set to receive a 29mn sqm plot in Hurghada this week to launch an integrated tourism project on the Red Sea coast, according to sources

  • BINV EY sold 26mn shares in Gourmet Egypt (GOUR EY) for c. EGP416mn at an average price of EGP16/share

  • El Sewedy Cement increased its stake in CCAP EY share capital from 2.75% to 3.10%, after purchasing 15mn

  • ORHD EY announced the distribution date for its 2.23 bonus shares on 7 October 2026.

  • EXPA EY announced the distribution date for its 0.32 bonus shares on 7 October

  • SVCE EY turned profitable in 1H26, reporting net profit of EGP136.8mn

  • CPCI EY reported its adjusted unaudited KPIs for FY25/26

Technical Trades
8%

FWRY.CA
18.93

  • Target: 20.50
  • Buy at: 19.00
  • Stop Loss: 18.40
Trading Range
18.40 19.00
Sideways Range
10%

RMDA.CA
6.06

  • Target: 6.60
  • Buy at: 6.00
  • Stop Loss: 5.80
Trading Range
6.00 6.60
Buy
Target and stop loss prices have a tolerance of 0.5%
The Weekly Calendar
WEEK 20 SEP - 24 SEP

Sunday

Monday

Tuesday

Wednesday

Barbary Investment Group - Extraordinary Shareholder Meeting
South Cairo & Giza Flour Mills - Shareholder Meeting

Thursday

Golden Pyramids Plaza - Shareholder Meeting
Obour Land for Food Industries - Distribution of cash dividends
Insider Trading

International Company for Agricultural Crops

Group Related to Main Shareholder Buy 1,000 Shares

Industrial & Engineering Enterprises

Insider Sell 1,500,000 Shares

Industrial & Engineering Enterprises

Insider Buy 3,000,000 Shares

Industrial & Engineering Enterprises

Group Related to Insider Buy 1,000,000 Shares

Golden Tex Wool

Group Related to Insider Buy 2,000 Shares

Arab Ginning Cotton

Insider Buy 5,000 Shares

Arab Ginning Cotton

Insider Buy 1,500 Shares

Oriental Weavers

Group Related to Insider Buy 36,423 Shares

Universal for Packaging Materials and Paper (Unipack)

Insider Buy 414,159 Shares

Misr Chemical Industries

Insider Sell 10,000 Shares

Financial & Industrial Egyptian Company (EFIC)

Insider Sell 30,000 Shares

Arab Ceramic House (Remas)

Insider Sell 2,207,699 Shares

Misr Beni Suef Cement

Insider Sell 25,210 Shares

Misr Beni Suef Cement

Insider Sell 18,000 Shares

Misr Cement (Qena)

Insider Sell 26,321 Shares

International Company for Fertilizers & Chemicals

Group Related to Insider Sell 17,762 Shares

Taaleem Management Services

Group Related to Insider Sell 35,000 Shares

Commercial International Bank (CIB - Egypt)

Insider Sell 6,000 Shares

Arab Real Estate Investment (ALICO)

Group Related to Insider Buy 40,000 Shares

United Housing & Development

Insider Buy 100,000 Shares

Gharbia Islamic Housing Development

Insider Buy 151,105 Shares

Copper for Commercial Investment & Real Estate Development

Insider Buy 1,150,000Shares

El Obour for Real Estate Investment

Insider Buy 1,666 Shares

Heliopolis Company for Housing and Development

Insider Sell 30,000 Shares

Heliopolis Company for Housing and Development

Insider Buy 40,200 Shares

Palm Hills Developments

Insider Buy 5,000 Shares

Palm Hills Developments

Insider Sell 10,000 Shares

Palm Hills Developments

Insider Buy 10,000 Shares

GB Corp

Insider Buy 64,000 Shares

Egyptian Real Estate Investment Fund Certificates

Insider Sell 191,347 Shares

Egyptian Company for Tourism Resorts

Group Related to Insider Buy 23,164 Shares

El Nozha International Hospital

Main Shareholder Sell 126,000 Shares

Fawry for Banking Technology and Electronic Payments

Insider Sell 25,000 Shares

Fawry for Banking Technology and Electronic Payments

Insider Sell 900,000 Shares

Act Financial for Investment

Insider Buy 11,500,000 Shares

Al Tawfeek Leasing Company (A.T.LEASE)

Insider Sell 273,670,916 Shares

Al Tawfeek Leasing Company (A.T.LEASE)

Insider Buy 273,670,916 Shares

HAYCO for Commercial, Real Estate, and Industrial Investments

Insider Sell 1,536,096Shares
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”).

Beltone Holding or any of its subsidiaries or officers (other than the Author(s) of this report) may have a financial interest in one or any of the securities that are the subject of this report. Funds managed by Beltone Holding and its subsidiaries (together and separately, “Beltone”) for third parties may own the securities that are the subject of this report. Beltone may own shares in one or more of the aforementioned funds, or in funds managed by third parties. The Author(s) of this report may own shares in funds open to the public that invest in the securities mentioned in this report as part of a diversified portfolio, over which the author(s) has/have no discretion. The Investment Banking division of Beltone may be in the process of soliciting or executing fee-earning mandates for companies (or affiliates of companies) that are either the subject of this report or are mentioned in this report. Research reports issued by BSB are prepared and issued in accordance with the requirements of the local exchange conduct of business rules, where the stock is primarily listed.

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9. Risk Warnings

Any prices, valuations or forecasts are indicative and are not intended to predict actual results, which may differ substantially from those reflected. The value of an investment may go up as well as down. The value of and income from any investment may fluctuate from day to day as a result of changes in relevant economic markets (including, without limitation, foreseeable or unforeseeable changes in interest rates, foreign exchange rates, default rates, prepayment rates, political or financial conditions, etc.). Past performance is not indicative of future results. Any opinions, estimates, valuations or projections (target prices and ratings in particular) are inherently imprecise and a matter of judgement. They are statements of opinion and not of fact, based on current expectations, estimates and projections, and rely on beliefs and assumptions. Actual outcomes and returns may differ materially from what is expressed or forecasted. There are no guarantees of future performance. Certain transactions, including those involving futures, options, and other derivatives, give rise to substantial risk and are not suitable for all investors. This document does not propose to identify or to suggest all of the risks (direct or indirect) which may be associated with the investments and strategies referred to herein.

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15. Contacts

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