Quick Summary
- Outage start: 12:22 PM Cairo time
- Trading resumed: ~1:25 PM
- Total duration: ~1 hour and 3 minutes
- Cause: Sudden technical fault in trading system
- Cyber attack: Management firmly denied
What Happened?
The Egyptian Stock Exchange (EGX) experienced a sudden technical malfunction in its trading system during today's session, April 27, 2026, which led to a temporary suspension of transactions until repair work was completed and the system was restored to normal operation.
Several heads of brokerage firms confirmed that trading stopped abruptly, with direct monitoring from the relevant authorities within the capital market.
Cyber Attack Firmly Denied
EGX management firmly stated that there was no suspicion of any cyber attack on the technological infrastructure of the trading system. They clarified that the outage was entirely technical, and was successfully repaired with the session resuming normally.
Impact on FoudaLens
Throughout the outage, stock prices on FoudaLens continued to update normally from our multiple data sources. Any features that relied on live execution data from the exchange were temporarily affected and returned to normal as soon as trading resumed.
Source
Reported via Techno-Fin — published April 27, 2026.
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Disclaimer: This news item is based on available media sources and may be updated with additional information as it becomes available from official channels.