The Egyptian Exchange (EGX) is the official market for trading stocks and securities in Egypt, based in Cairo and Alexandria. Simply put, it's where companies that want funding meet investors who want to own a stake in those companies.

How does the exchange work?

When a company offers part of its shares to the public (an IPO), any investor can buy those shares and later sell them to other investors. A share's price is set continuously by supply and demand: more buying interest pushes the price up, and vice versa. You don't trade directly with the exchange — you go through a licensed broker.

The main indices

An index is a basket of stocks that measures the performance of the whole market or a slice of it. The key EGX indices:

  • EGX30: the 30 largest companies by liquidity and market cap — the market's barometer.
  • EGX70: 70 mid-cap companies outside the EGX30.
  • EGX100: combines EGX30 and EGX70.

Follow the indices live on the market today page, with details in the EGX indices guide.

The main market and the SME board (NILEX)

The EGX includes the main market for large companies, plus the Nile Stock Exchange (NILEX) for small and medium enterprises. NILEX companies are smaller, riskier and less liquid, but can grow fast.

Sectors

Companies are grouped into sectors: banks, real estate, telecoms, building materials, food, healthcare and more. Spreading investments across sectors reduces risk. Explore the EGX sectors.

Market participants

  • Investors: individuals, institutions and funds.
  • Brokers: the intermediary that executes your orders.
  • Financial Regulatory Authority (FRA): the regulator that protects investors.
  • MCDR: the central depository that holds share ownership electronically.

How do you start?

After understanding the exchange, the next step is to open an account and buy your first stock, then learn how to pick the right stock. To follow the market and analyze stocks automatically, the EGX AI Analyzer helps via Telegram and the live terminal.

This content is educational and not investment advice.