Overview
The Egyptian Exchange ended the 23 June 2026 session on a clear decline, with the EGX30 down 1.55% to 51,769.74 points. The daily performance came amid broad selling pressure, as the number of declining stocks far exceeded advancing ones, while total turnover remained at a notable level of EGP 1,999.5 million.
Index Performance and Market Breadth
The drop in the EGX30 confirms that the overall tone of the session was negative. Market breadth, however, gives a clearer picture of how widespread the weakness was. Only 68 stocks advanced, compared with 177 decliners, indicating that the pullback was not limited to a small group of large-cap names, but extended across a wider portion of the market.
Total turnover of EGP 1,999.5 million reflects relatively active trading, yet it was not enough to offset the selling pressure that shaped the session’s outcome. Based strictly on the available data, the session appears to have been characterized by sharp stock-specific moves, with a clear split between strong gainers and notable losers.
Top Gainers and Losers
Among the strongest gainers, Ezz Steel led the list with a sharp rise of 34.69%, followed by El Shams Pyramids Hotels at 24.84%, Delta Insurance at 19.95%, National Drilling at 19.83%, and Tawasol Factoring at 15.97%. These moves suggest strong selective buying in a number of names during the session.
On the downside, Tycoon Investments Holding posted the steepest decline at 19.99%, followed by Egyptian Arabian(Themar)Comp. For Securities&Bonds Brok. EAC at 6.20%, ASEC Company For Mining - ASCOM at 6.14%, National Bank of Egypt at 6.06%, and Raya Holding For Financial Investments at 5.08%. The list points to broad selling pressure affecting several stocks in a meaningful way.
Sector Performance
At the sector level, Insurance was the best performer, rising 9.59%, making it the strongest sector in the session based on the available data. Media also posted a solid gain of 3.26%, while Industrial advanced 0.81% and Building Materials edged up 0.37%.
By contrast, Healthcare, Tourism, Diversified, and Transport were close to flat or slightly negative, with changes of -0.03%, -0.06%, -0.07%, and -0.10%, respectively. This shows that strength was concentrated in a limited number of sectors, while the rest of the market remained under pressure or near breakeven.
Highest-Rated Stocks by Fouda Score
According to Fouda Score, Egyptian Media Production City ranked first with a score of 92.9/100 and a continuation trend signal, followed by Cairo For Investment And Real Estate Developments-CIRA Edu at 90.8/100, Misr Hotels at 89.8/100, El Ahli Investment and Development at 88.8/100, and Memphis Pharmaceuticals at 87.9/100.
What stands out here is that all five names carry a continuation trend signal, meaning the high scores were consistent with a relatively positive technical reading under the Fouda Score framework. Still, this remains a descriptive assessment within the limits of the available data and does not, by itself, establish a definitive view on the next move.
Session Takeaway and Next-Session Scenario
Overall, the 23 June 2026 session reflected a clear bearish tone in the Egyptian Exchange, with the main index lower and decliners outnumbering advancers by a wide margin, despite pockets of strength in selected stocks and sectors. The market also showed a notable divergence between names and sectors that posted strong gains and others that faced sharp losses.
For the next session, selling pressure may remain in place if decliners continue to outnumber advancers, while the picture could improve somewhat if selective strength broadens across more stocks and sectors. This is only a conditional scenario based on the current session’s data, not a firm forecast.