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EGX:COMI 7 March 2026

Egyptian Exchange Stock Market Last Week: EGX30 Suffers Worst Week Since June Despite CIB-Led Bounce

Egyptian Exchange Stock Market Last Week: EGX30 Suffers Worst Week Since June Despite CIB-Led Bounce

Egypt’s EGX30 index fell 3.5% last week, its steepest drop since June, despite a 2.29% rebound on Thursday led by Commercial International Bank. The slide followed regional tensions and heavy foreign selling, with the index losing over 5% at one point after strikes on Iran. Broader indices held steadier, while turnover on Thursday hit 6.93 billion pounds. Egypt underperformed Saudi Arabia’s market, which gained 0.6% for the week.
7 March 2026

Stock Market Today

  • London Stock Exchange Updates Official List with New Admission Notices
    June 4, 2026, 4:59 AM EDT. The London Stock Exchange has updated its Official List, allocating SEDOL numbers, unique identifiers for securities. Notices indicate which securities are admitted to trading on the Exchange, a Recognised Investment Exchange (RIE). Some securities are simultaneously admitted on other RIEs: Aquis Stock Exchange, Cboe Europe, and Shanghai-London Stock Connect, expanding market access. The Financial Conduct Authority (FCA) emphasizes reading admission notices alongside those of relevant RIEs for comprehensive information. This update highlights ongoing regulatory coordination to streamline securities trading across multiple platforms in the UK and internationally.

Latest articles

Broadcom Stock Slips After AI Outlook Rattles Wall Street

Broadcom Stock Slips After AI Outlook Rattles Wall Street

4 June 2026
Broadcom plunged 11.2% premarket after posting record Q2 revenue but missing analyst estimates and issuing an AI-chip outlook that failed to meet sky-high expectations, as investors punished the stock for not raising its long-term sales target despite strong results; shares last indicated at $425.75 after closing at $479.23.
Verizon Hires Deutsche Telekom Tech Head as Retail Wait Times Draw Scrutiny

Verizon Hires Deutsche Telekom Tech Head as Retail Wait Times Draw Scrutiny

4 June 2026
Verizon hires ex-Deutsche Telekom exec Abdu Mudesir to lead network and tech as CEO Dan Schulman pushes a turnaround after posting its first Q1 postpaid phone subscriber gain since 2013, but in-store sales pressure and lagging customer satisfaction threaten progress; Mudesir’s impact likely seen in 2027, with Russo staying through Q1 2027.
Navitas Stock Gets Boost from Nvidia But Risks Remain for Traders

Navitas Stock Gets Boost from Nvidia But Risks Remain for Traders

4 June 2026
Navitas surged 19.3% to $30.84 after announcing its 800 VDC power board is featured in NVIDIA’s MGX AI infrastructure, but shares dropped 7.25% after hours as investors weighed technical validation against weak revenue and stiff competition, with analysts warning the stock trades far above target prices despite ongoing losses.
Marvell Shares Set New High With Nvidia Surge Lifting Chip Suppliers

Marvell Shares Set New High With Nvidia Surge Lifting Chip Suppliers

4 June 2026
Marvell soared to a record $301.65 close after Nvidia CEO Jensen Huang called it the next “trillion-dollar company,” fueling an AI-led rally as investors reprice Marvell for its data-center networking and custom chip growth; record Q1 revenue and raised forecasts add momentum, but Morningstar warns the stock now trades well above its $235 fair value estimate with “High” uncertainty.
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