EGX Index Drops 0.78% as Banque du Caire Sets IPO Price Range

Key Facts

1The main index of the Egyptian Exchange fell by 0.78% during today's trading.

2The price range for Banque du Caire's IPO has been set between 4.82 and 5.30 EGP per share.

The main index of the Egyptian Exchange fell by 0.78% during trading on October 19, 2026. Investing.com reported that the decline coincided with the price range for Banque du Caire's IPO being set between 4.82 and 5.30 EGP per share.

Market sentiment was impacted by broader selling pressure that weighed on the main index, while the formal pricing phase of the major state-owned bank IPO marks a significant liquidity milestone. No specific closing prices for individual instruments were available for the current session.