EGX extends decline as broader market weakness outweighs selective foreign buying

Cairo — Egypt’s stock market extended its recent decline on Monday, 18 May 2026, with broad-based losses across major indices reflecting continued profit-taking and cautious investor sentiment following the market’s strong rally earlier this month. The benchmark EGX30 fell 0.68% to 52,007 points, according to data from the Egyptian Exchange (EGX), hovering near the 52,000-point […] The post EGX extends decline as broader market weakness outweighs selective foreign buying appeared first on The Middle East Observer.