🔔 Good morning, and welcome to Telda Lens — your daily pulse on Egypt’s markets.

Today: HDBK and Kima lead robust earnings growth with double-digit surges, while Odin and Wadi Kom Ombo report sharp profit declines in the latest financial roundup.

🔔 EGX30 ended +3.60% by market close at 52,308 points, the EGX70 increased 1.02% to 13,063 points, and the EGX100 also rose 1.54%  to reach 18,205 points

💸 The number of transactions reached 185,315 spread across 1,911,793,307 stocks leading to a turnover of EGP 8.4 billion.

🏷️ Local investors were the only net buyers.

📈 Top gainers across the broader market Telecom Egypt (+19.0%), ADIB (+8.6%), and Rubex International for Plastic and Acrylic Manufacturing (+8.3%).

📉 Top losers: Egypt for Poultry (-4.2%),Cairo Poultry (-3.5%), El Nasr For Manufacturing Agricultural Crops (-3.3%.)

⬆️ Top gainers for EGX30 included Telecom Egypt (+19.0%), ADIB (+8.6%), and Heliopolis Housing (+7.0%).

⬇️ Top losers included: Ibnsina Pharma (-2.1%), Egypt Aluminum (-1.9%), and Orascom Investment Holding (-0.8%).

Other Important Stats: 

🧈 24K Gold reached EGP 7,599 per gram, down 1% day-on-day but up 7.75% month-on-month.

💲 The USD reached EGP 46.75 at the National Bank of Egypt.

💰 Housing and Development Bank (HDBK) reported a 50.3% y-o-y increase in its net profit to EGP 18.71 billion during FY 2025, according to the bank’s latest earnings release. Over the same period, interest income grew 38.3% y-o-y to EGP 40.12 billion. It’s worth noting that the bank’s share value has gained almost 12% since the start of 2026, bringing its gains over the past year to over 100%.

⬆️ Suez Canal Bank (CANA) reported a 13% y-o-y increase in its net profit to EGP 6.42 billion during FY 2025, according to the bank’s latest earnings release. Over the same period, net interest income grew 56% y-o-y to EGP 8.64 billion. The company’s share price has gained 10% since the start of 2026, bringing its gains over the past year to over 143%.

💸 Egyptian Chemical Industries "Kima" (EGCH) reported a 46.9% y-o-y increase in its net profit to EGP 1.19 billion during 1H FY 2025/2026, according to the company’s latest earnings release. Over the same period, revenues grew 4.5% y-o-y to EGP 4.15 billion.The company’s share price has gained 6% since the start of 2026, bringing its gains over the past year to over 59%.

⬇️ Odin Investments (ODIN) reported a 26.4% y-o-y decrease in its net profit to EGP 137.08 million during FY 2025, according to the company’s latest earnings release. Over the same period, total revenues grew 68.2% y-o-y to EGP 213.66 million. The company’s share price has dropped 17% since the start of 2026, bringing its gains over the past year to over 34%.

⬆️ Egyptians for Housing and Development (EHDR) reported a 13.6% y-o-y increase in its net profit to EGP 74.19 million during FY 2025, according to the company’s latest earnings release. Over the same period, revenues grew 14.5% y-o-y to EGP 241.6 million.The company’s share price has dropped 12% since the start of 2026, bringing its gains over the past year to over 4%.

⬇️ Wadi Kom Ombo for Land Reclamation (WKOL) reported a 75% y-o-y decrease in its net profit to EGP 22.81 million during 1H FY 2025/2026, according to the company’s latest earnings release. Over the same period, revenues declined 65.7% y-o-y to EGP 51.6 million. The company’s share price has dropped 12% since the start of 2026, bringing its gains over the past year to over 197%.

🔔 Egypt plans to finalize within a month a new pipeline of about twenty state-owned companies to be listed on the Egyptian Exchange, reviving its privatization drive as part of broader reforms to restructure state assets and deepen capital market, a senior government official told EnterpriseAM.The move matters because listing minority stakes allows the government to raise funds gradually, tap strong domestic liquidity, and broaden investor participation in a more flexible way than full strategic sales.

💸 Prime Minister Mostafa Madbouly announced a EGP 40.3 billion social support package to cushion households from rising prices ahead of Ramadan, combining immediate cash transfers, food subsidy top-ups, and expanded healthcare support with a second phase of wage and tax measures due in the new fiscal year. The move is meant to ease seasonal spending pressures while signaling a broader government push to address cost-of-living strains beyond the holy month.

Stay curious, stay invested — we’ll see you tomorrow.

Your daily market lens, signing off.