Egyptian Stocks Lose EGP 171 Billion as Foreign Selling Hits Week’s Opening Session

The Egyptian Exchange closed sharply lower on Sunday, shedding EGP 171 billion in market value as heavy selling marked the first trading session of the week.

All market indices finished in negative territory, with the downturn extending across the exchange rather than being confined to a single benchmark.

Foreign investors were net sellers during the session, putting pressure on stocks and driving the market’s steep retreat.

Egyptian and Arab investors, by contrast, leaned toward buying. Their purchases were not enough to offset the selling pressure or prevent broad losses by the close.