Today: The latest financial results for ICON, El Kahera Housing, Giza General Contracting, and Universal for Paper showed a mixed performance for 2025, with significant profit jumps for Giza against notable declines for the others.

🔔 EGX30 ended -1.6% by market close at 45,187 points, the EGX70 fell 1.3% to 12,387 points, and the EGX100 dropped 1.4% to reach 17,300 points.

💸 The number of transactions reached 122,949 spread across 1,054,274,062 stocks leading to a turnover of EGP 4.651 billion.

🏷️ Local investors were the only net buyers.

📈 Top gainers for the market as a whole included AJWA for Food Industries company Egypt (+12.2%), Delta For Printing & Packaging (+9.6%), and Rakta Paper Manufacturing (+4.9%).

📉 Top losers for the market included El Obour Real Estate Investment (-4.9%), Palm Hills Developments (-4.7%), and EGYTRANS (-4.3%).

⬆️ Top gainers for EGX30 included Orascom Investment (+0.8%), Abu Qir Fertilizers (+0.8%), and Eastern Company (+0.3%).

⬇️ Top losers included Palm Hills Developments (-4.7%), Rameda (-4.0%), and Arabian Cement (-3.8%).

Other Important Stats: 

🧈 24K Gold reached EGP 8,462 per gram, up 0.6% day-on-day but up 11.6% month-on-month.

💲 The USD reached EGP 52.32 at the National Bank of Egypt.

🏗️ Engineering Industries - ICON (ENGC) reported a 19.5% year-on-year drop in net income for 2025, recording EGP 822.53 million, according to its latest consolidated financial results. Revenues increased to EGP 7.34 billion compared to EGP 6.17 billion the previous year. It is worth noting that the company’s share price is down 2.2% since the start of the year, and this brings its gains over the past 12 months to 29%.

🏘️ El Kahera Housing (ELKA) reported a 48.8% year-on-year drop in annual net profits for 2025, recording EGP 598.71 million, according to its latest consolidated financial results. Revenues rose to EGP 553.59 million compared to EGP 461.58 million the previous year, while property revaluation gains declined significantly. The company’s share value is down 27% since the start of the year, and this makes it down 9% compared to levels recorded in March of last year.

🚧 Giza General Contracting (GGCC) reported a 97% year-on-year increase in annual net profits for 2025, recording EGP 140.95 million, according to its latest consolidated financial results. Revenues rose to EGP 1.13 billion compared to EGP 998.22 million the previous year. The company’s share price is down 18% since the start of the year, and this brings its gains over the past 12 months to 23%.

📦 Unipack (UNIP) reported an 86% year-on-year decline in net profit for 2025, recording EGP 13.04 million, according to its latest consolidated financial results. Sales slipped to EGP 1.37 billion compared to EGP 1.41 billion the previous year. The company’s share value is down 11.3% since the start of the year.

💸 The Finance Ministry is set to launch a new round of its Citizen Bonds next week, with issuance scheduled for 15 April, following strong demand that brought in over EGP 5 billion in the first offering, a government source told EnterpriseAM. The yield is still under review, with Debt Advisor Mae Adel telling the news outlet that it will be calibrated to reflect market conditions while remaining attractive to retail investors.

🌍 The European Bank for Reconstruction and Development is preparing emergency support for Egypt and other emerging markets as the US-Israel war against Iran continues to disrupt energy, food, and financial systems globally. The bank is expected to focus on helping companies manage soaring costs and sustain operations, while warning that pressures on remittances, investment flows, and key revenues could intensify if the crisis persists.