EGX 30 Index (Egypt)
What is the EGX?
The Egyptian Exchange (EGX) is one of Africa's most established stock markets. The EGX 30 tracks the 30 most liquid and actively traded companies.
The index has rallied strongly into early 2026, supported by improving liquidity, repricing after the currency adjustment cycle, and renewed interest in large financial and industrial names.
Note: macro drivers evolve quickly — use this page as a market snapshot, not a forecast.
What Moves Your Return (for a Kenyan Investor)
Your KES return = EGX return × EGP/USD × USD/KES. The index can rise while your KES return falls if EGP weakens.
| # | Company | Sector | Market Cap | YTD | What They Do |
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Sector Breakdown
EGX 30 Performance
| # | Company | Sector | Market Cap | What They Do |
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Why the EGX Matters
Egypt is Africa's 3rd-largest economy (~$400B GDP) and one of the few African markets included in the MSCI Emerging Markets index. Being included in major global indices can increase foreign participation over time — but flows depend on risk appetite and currency conditions.
The Reform Story
Recent years have been defined by currency adjustment, inflation management, and efforts to rebuild confidence in FX liquidity. These dynamics matter because EGP moves often explain more of the USD/KES outcome than the stock index itself.
CIB: The Liquidity Anchor
Commercial International Bank (CIB) is Egypt's largest private bank and a major constituent of the EGX 30 by index weight. CIB is the most liquid, most widely held stock. Many EGX 30 investors end up with meaningful exposure to CIB simply because of index concentration.
Real Estate Sector
Talaat Moustafa Group (TMGH) is a major EGX 30 constituent — a large-scale real estate developer behind several of Egypt's new cities. SODIC, Palm Hills, and Orascom Development also trade actively. Real estate stocks often act as a partial hedge in high-inflation environments, but they remain sensitive to rates, affordability, and credit conditions.
Suez Canal & Geopolitics
Red Sea disruptions have affected Suez Canal volumes and USD inflows. Any normalisation can influence sentiment — but timing is uncertain. Canal tolls are a major source of government USD revenue and support the pound.
EGX vs NSE Kenya
EGX is materially larger and more sector-diverse than the NSE. Egypt is in MSCI EM (Kenya is Frontier). The EGX trades Sun–Thu (closed Fri–Sat). For Kenyan investors, the key difference is currency risk (EGP/KES) and access mechanics.
Accessing Egyptian Stocks
Global Brokers
Interactive Brokers and Saxo offer access to the EGX. Some Egyptian securities may be accessible through international platforms. Account in USD, broker handles EGP conversion.
MSCI EM ETFs
MSCI Emerging Markets ETFs include Egyptian exposure. — Egypt is included automatically. Easiest indirect exposure from Kenya via any global broker.
Egypt-Focused Funds
VanEck Egypt ETF (EGPT on NYSE) is a dedicated Egypt fund. Also look for MENA or frontier-market funds with heavy Egypt weights.
London-Listed GDRs
CIB and some Egyptian companies have GDRs (Global Depositary Receipts) on the London Stock Exchange — tradeable in USD/GBP through any international broker.
What to Expect
EGX brokerage: ~0.15–0.3%. Stamp duty: ~0.125% (buy & sell). FX conversion: ~0.5–2%. Dividend withholding: 10% for non-residents. Trading: Sun–Thu, 10AM–2:30PM Cairo time. Typical ranges; confirm with your broker.
Key Considerations
Currency risk is the primary risk. Egypt has a history of sharp FX adjustments. Returns in USD/KES can differ substantially from returns in EGP. Geopolitics (Red Sea, regional conflicts). Capital controls history. Privatisation delays. Liquidity outside the top names can be thin.