Introduction
The Egyptian Exchange ended the 28 June 2026 session with a clear decline, as the EGX30 index fell 2.14% to 50,344.37 points. The session was marked by a notably weak market breadth, with declining stocks far outnumbering advancers, even though a limited number of names posted strong gains.
Index performance, market breadth, and trading value
The EGX30 closed at 50,344.37 points after losing 2.14%, reflecting broad selling pressure on the blue-chip market. In terms of breadth, 40 stocks advanced versus 214 decliners, indicating that the pullback was not confined to a narrow group of names but was instead widespread.
As for liquidity, total trading value reached EGP 2,262.6 million. This points to active trading during the session, but it was not enough to offset the overall downward bias, suggesting that trading was largely dominated by selling pressure rather than broad-based buying interest.
Top gainers and losers
Several stocks posted strong gains, led by El Shams Pyramids Hotels with a 24.84% rise, followed by Tycoon Investments Holding at 19.97%, Delta Insurance at 19.95%, National Drilling at 19.83%, and Rubex International for Plastic and Acrylic Manufacturing at 11.32%.
On the downside, the steepest declines were recorded by Subscription Rights Of Aspire Cap Hold for Financ Invest-3 at 9.72%, Lecico Egypt at 8.65%, Sohag National for Food Industries at 7.83%, Egyptian Arabian(Themar)Comp. For Securities&Bonds Brok. EAC at 7.40%, and Vertica Co. at 6.82%.
This list shows that volatility was present on both sides, but the broader market tone remained negative, consistent with the much larger number of declining stocks.
Sector performance
At the sector level, Insurance stood out as the only clear outperformer, rising 9.06% with just two stocks in the sector. That performance contrasts sharply with the rest of the market, where nearly all sectors closed in negative territory.
Diversified declined 0.72%, followed by Media at 0.73%, Other at 0.90%, Tourism at 1.01%, Financial Services at 1.16%, Industrial at 1.19%, and Energy at 1.21%.
This pattern suggests that selling pressure was broadly distributed across most sectors, while insurance remained the only meaningful positive outlier. The weakness in industrial, financial services, and energy names also indicates the absence of a strong sector leader capable of offsetting the index’s negative performance.
Highest-rated stocks according to Fouda Score
A group of stocks stood out in the Fouda Score rankings, led by Egyptian Media Production City with a score of 91.3/100 and a continuation trend signal, followed by Iron And Steel for Mines and Quarries with 91.2/100 and the same signal.
Also notable were Six of October Development & Investment (SODIC) at 82/100 with a continuation trend signal, Rubex International for Plastic and Acrylic Manufacturing at 80.7/100 with no signal, and Misr Duty Free Shops at 80.1/100 with a continuation trend signal.
The importance of this list lies in the combination of high scores and the explicitly stated directional signals, which makes these names notable for monitoring, without implying that the same performance will necessarily continue in future sessions.
Session takeaway
In summary, the 28 June 2026 session reflected a broad-based decline in the Egyptian Exchange, with the EGX30 lower and declining stocks vastly outnumbering advancers, despite strong individual moves in a handful of names. Sector performance also confirmed the dominance of selling pressure, with insurance as the clear exception.
General scenario for the next session
If the same negative breadth pattern persists and most sectors remain under pressure, the market may continue to trade with a downward bias and elevated volatility. If, however, buying interest broadens—especially in relatively stronger names and sectors—it could help stabilize the market. In any case, the next session will likely depend on liquidity conditions and the breadth of participation as reflected in upcoming trading activity.