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  "path": "/business-economix/market-updates-finance/2026/05/19/egx-extends-decline-as-broader-market-weakness-outweighs-selective-foreign-buying/",
  "publishedAt": "2026-05-19T10:05:02.000Z",
  "site": "https://meobserver.org",
  "tags": [
    "Market Updates & Finance",
    "Cairo bourse",
    "EGX",
    "EGX100",
    "EGX30",
    "EGX70",
    "Egypt",
    "Egypt business news",
    "egypt economy",
    "Egypt inflation",
    "Egypt stock market",
    "Egyptian Exchange",
    "Foreign investors Egypt",
    "NileSat",
    "oil prices",
    "Strait of Hormuz",
    "EGX extends decline as broader market weakness outweighs selective foreign buying",
    "The Middle East Observer"
  ],
  "textContent": "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 […]\n\nThe post EGX extends decline as broader market weakness outweighs selective foreign buying appeared first on The Middle East Observer.",
  "title": "EGX extends decline as broader market weakness outweighs selective foreign buying"
}