The EGX30 closed 1H 2025 up 10.5%, ending June at 32.9k points — a 0.5% monthly gain, according to the EGX's monthly report (pdf). The benchmark index recorded a high of 33.4k points and a low of 29.7k. While total market cap rose 2.3% last month, the EGX30 recorded a 1.4% increase. Meanwhile, the EGX33 Shariah Index outperformed the benchmark index, rising 3.1%.

The EGX30 posted the smallest gain among regional and global market indices. Regionally, the Abu Dhabi Securities Exchange (ADX) rose 3.2%, the Dubai Financial Market (DFM) advanced 4%, and Saudi Arabia’s Tadawul All Share Index (TASI) added 3.1%. Globally, the S&P 500 climbed 4.5%, while the FTSE 100 edged down 0.16% and the EURO STOXX 50 slipped 0.1%.

Trading activity on the EGX increased 33% last month, reaching EGP 1.45 tn across 2.1 mn transactions. Total equity trading accounted for 6.55% of the total value traded on the main market, while the remaining 93.45% was captured by bonds and bills.

Local retail investors were bearish on listed stocks with net sales of EGP 1.5 bn (excluding transactions). In contrast, regional retail investors were net buyers with EGP 1.3 bn in net purchases, along with foreign retail investors with EGP 24.4 mn in net purchases.

Local institutions were bullish with net purchases of EGP 2.2 bn, while regional institutions recorded net sales of EGP 335 mn and foreign institutions logged net sales of EGP 1.8 bn.

Building materials emerged as the top-performing sector on the EGX in June, rising 23.6%. The trade and distributors sector followed with a 15% gain, while the textiles and durable goods index posted a 13% increase, rounding out the month's strongest performers.

What the pundits think: The EGX30 is expected to gain ground in 2H, driven primarily by strength in the banking sector — particularly CIB and ADIB — as well as the real estate and pharma sectors, Sameh Gharib, head of high-net-worth clients at Arabeya Online for Securities Trading, told EnterpriseAM.

Gharib noted that several real estate stocks, including Palm Hills and Talaat Moustafa Group, seem to be undervalued, presenting room for a potential rebound. Meanwhile, the pharma sector is forecast to rise on the back of strong export performance, among other factors.

While the real estate sector recorded the second-highest trading value in June at EGP 16.5 bn, its index fell by 1.3%. This decline was due to trading activity being heavily concentrated in a limited number of outperforming stocks, while the majority of listed real estate shares declined, ultimately dragging down the overall sector index, Gharib explained.

Worst-performing sectors in June: The food, beverages, and tobacco index saw the steepest decline, falling 1.8%, followed by the real estate sector, which slipped 1.3%. All other sectors ended the month in the green.

EFG Hermes’ brokerage arms led the EGX brokerage league table (pdf) in June, with a combined market share of 17.5%, followed by Mubasher (8.3%), Thndr (7.5%), and CI Capital (6%).

EFG Hermes also led the table in 1H 2025, with its brokerage arms holding a combined market share of 24.5%, according to a separate league table (pdf). CI Capital came in second with a 6.8% share, followed by Thndr with 6.6%, and Mubasher with 6.5%.

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