Sunday 01/March/2026 – 10:42 AM
I registered Egyptian Stock ExchangeHuge losses amounted to about 110 billion pounds in the first half hour of trading today, Sunday, March 1, 2026, with a widespread selling trend at the beginning of the market session.
This sharp decline comes in the wake of the recent military and regional tensions in the region, which prompted investors to adopt a cautious stance, with high rates of selling in leading stocks and major market sectors.
The market capitalization of restricted shares reached about 3,144,069 trillion pounds, compared to its last close at 3,247,408 trillion pounds.
The initial performance reflects the state of anxiety and anticipation among traders, amid expectations of strong fluctuations during today’s session, with careful monitoring of any developments that may affect the stability of the local financial markets.
The main stock market index, EGX30, declined by 6.3% in the first 10 minutes at the beginning of today’s trading session, in the first reaction to the start of the war on Iran by the United States of America and Israel.
