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

We have a tight issue today entirely focused on the stock market: Sodic posted record-breaking profits of EGP 4.5 billion, ADIB Egypt’s net income climbed 40% amid a stock rally, Canal Shipping reported a 12% rise in bottom-line; and Delta Sugar swung to a net loss due to cheaper imports.

🔔EGX30 ended +0.60% by market close at 50,035 points, the EGX70 rose 0.82% to 12,874 points, and the EGX100 increased 1.01%  to reach 17,840 points

💸 The number of transactions reached 191,802 spread across 2,096,177,266 stocks leading to a turnover of EGP 7.9 billion.

🏷️ Local investors were the only net buyers.

📈Top gainers across the broader market Heliopolis Housing (+8.4%), Valmore Holding (+8.1%), Edita (+7.3%)

📉 Top losers: Prime Holding (-8.13%), El Nasr For Manufacturing Agricultural Crops (-4.21%), GB Corp (-3.5%.)

⬆️ Top gainers for EGX30 included Heliopolis Housing (+8.4%), Valmore Holding (+8.1%), and Edita (+7.3%).

⬇️Top losers included: GB Corp (-3.5%), Eastern Company (-3.1%), and Qalaa Holdings (-1.7%).

Other Important Stats: 

🧈 24K Gold reached EGP 7,711 per gram, up 1.13% day-on-day and up 12.29% month-on-month.

💲 The USD reached EGP 46.91 at the National Bank of Egypt.

💰Sodic (OCDI) achieved its highest-ever net profit of EGP 4.5 billion in 2025—a 77% increase year-on-year—driven by a massive surge in revenues and a doubling of unit deliveries despite market challenges. (Read more in our Deeper Look section.)

🏦Abu Dhabi Islamic Bank Egypt (ADIB) delivered robust results in 2025, with net profits climbing 40% year-on-year to EGP 12.6 billion. This growth was supported by a strong top-line performance, as net income from funds reached EGP 20.15 billion, up from EGP 15.25 billion in 2024. It’s worth noting that the company’s share value rose 50.9% last year. The momentum has carried into this year, with the stock surging an impressive 31.37% since the beginning of 2026.

🚢Canal Shipping Agencies (CSAG) reported a 12% year-on-year increase in net profit to EGP 1 billion for the first half of the fiscal year. This bottom-line growth was driven by a solid uptick in revenues, which rose to EGP 81.22 million compared to EGP 62.01 million in the same period last year. The company’s share value has rallied nearly 38% over the last year.

💸Delta Sugar (SUGR) swung to a net loss of EGP 346.36 million in 2025, a sharp reversal from the previous year's profit (EGP 1.26 billion), despite revenues actually surging to EGP 7.77 billion from EGP 4.7 billion. The company attributed the profit decline to a drop in market prices due to cheap imports and high raw material costs that forced inventory write-downs. The company’s share price has remained flat over the past year.

Sodic reported record net income of EGP 4.5 billion in 2025, up 77% year-on-year, according to its latest earnings release, driven by a 118% surge in revenues to EGP 21.3 billion.

The developer sold 1,788 units during the year, up from 1,270 units in 2024. Despite price increases of 10%–30% across projects, contracted sales edged down to EGP 48.4 billion from EGP 50.3 billion a year earlier, reflecting a shift in the sales mix.

Sales in 2025 were largely concentrated in Eastvale in East Cairo, where a higher volume of smaller units was sold at lower price points.

Sodic more than doubled unit deliveries in 2025 to 2,089 units, supported by a strategy that enabled projects to be completed despite geopolitical disruptions and shortages in some construction materials, Group General Manager Ayman Amer told Asharq. The company is targeting the delivery of more than 2,000 residential units this year across the North Coast and West Cairo.

Sodic is preparing to expand its hospitality footprint, with two hotel openings planned by the end of this year and early 2027, Amer said. The projects include a 170-room Tribute Portfolio hotel in West Cairo, in partnership with Marriott International, and a 50-room Nobu hotel in East Cairo, alongside agreements to develop three Nobu-branded hotels, restaurants, and serviced apartments.

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

Your daily market lens, signing off.