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  "path": "/business-economix/market-updates-finance/2026/05/11/egx-reaches-highest-closing-level-in-recent-years-as-firmer-pound-supports-rally/",
  "publishedAt": "2026-05-11T06:33:15.000Z",
  "site": "https://meobserver.org",
  "tags": [
    "Market Updates & Finance",
    "Cairo bourse",
    "EGX",
    "EGX100",
    "EGX30",
    "Egypt",
    "Egypt business news",
    "egypt economy",
    "Egypt inflation",
    "Egypt stock market",
    "Egyptian Exchange",
    "Egyptian pound",
    "Foreign reserves Egypt",
    "Middle East markets",
    "oil prices",
    "Strait of Hormuz",
    "US-Iran tensions",
    "EGX reaches highest closing level in recent years as firmer pound supports rally",
    "The Middle East Observer"
  ],
  "textContent": "Cairo — Egypt’s stock market opened the week with strong gains on Sunday, 10 May 2026, as improving currency conditions, resilient liquidity and broad market buying pushed the benchmark index to its highest closing level in recent years. The benchmark EGX30 rose 1.91% to 54,628 points, extending its 2026 gains to approximately 30.6% since the […]\n\nThe post EGX reaches highest closing level in recent years as firmer pound supports rally appeared first on The Middle East Observer.",
  "title": "EGX reaches highest closing level in recent years as firmer pound supports rally"
}