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Best Performing EGX Egypt Stocks in 2025: The Full-Year Rankings

Egypt's stock market delivered one of its best years in recent history in 2025. The EGX 30 — the Egyptian Exchange's benchmark index of the 30 most liquid companies — gained approximately 40% for the full year, closing at 41,828.97 points on December 31, 2025. But the bigger story was in the broader market: the EGX 70 surged approximately 60% and the EGX 100 rose around 55%, both significantly outperforming the headline benchmark. The mid and small-cap recovery was the real story of Egypt's 2025 bull run.

March 20, 2026 · 8 min read · Mansa Markets

This page ranks the best performing EGX stocks in 2025, the sectors that drove the rally, and the macroeconomic forces that made Egypt one of Africa's standout equity markets of the year.

## EGX Egypt 2025 at a Glance

Metric	2025 Figure
EGX 30 full-year return	~+40%
EGX 70 full-year return	~+60%
EGX 100 full-year return	~+55%
EGX 30 closing level (Dec 31)	41,828.97 points
Egypt inflation rate (start of year)	~28%
Egypt inflation rate (end of year)	~14%
Corporate earnings growth (listed companies, 3yr avg)	+26% per year
EGX forward P/E at year end	~8.8x

The macro context is what makes 2025 remarkable. Egypt entered the year still carrying inflation near 28% — one of the highest rates among emerging markets. By year end, inflation had fallen toward 14%, with forecasts pointing to around 10.5% for 2026. Falling inflation improves corporate earnings visibility, lowers discount rates, and makes equities more attractive relative to fixed income. The Egyptian pound's stabilisation following the IMF-supported devaluation of 2024 also restored foreign investor confidence that had been absent for much of the prior two years.

The result: an exchange that was widely considered oversold at the start of 2025 re-rated meaningfully — still trading at only around 8.8x forward earnings at year end despite a 40% gain. That combination of strong returns alongside still-cheap multiples is rare in any market.

## Top Performing EGX Egypt Stocks in 2025

Rank	Stock	Ticker	Sector	Full-Year Return
1	South Cairo & Giza Flour Mills	SCFM	Food & Beverage	~+198%
2	Housing & Development Bank	HDBK	Banking	~+162%
3	AMES	AMES	Healthcare	~+146%
4	North Cairo Flour Mills	MILS	Food & Beverage	~+140%
5	Alexandria Flour Mills	AFMC	Food & Beverage	~+115%
6	Telecom Egypt	ETEL	Telecom	~+93%
7	Fawry	FWRY	Fintech	~+84%
8	Egypt Aluminum	EGAL	Materials	~+79%
9	Commercial International Bank (CIB)	COMI	Banking	~+74%
10	Talaat Moustafa Group	TMGH	Real Estate	~+56%
11	Eastern Company	EAST	Food & Tobacco	~+55%
12	Cleopatra Hospitals	CLHO	Healthcare	~+54%

Approximate full-year 2025 returns compiled from available market data. Track live EGX prices at Mansa Markets Egypt.

1. South Cairo & Giza Flour Mills (SCFM) — ~+198%

South Cairo Flour Mills was the standout performer across Egypt's food processing sector in 2025. The stock nearly tripled as falling inflation and stabilising input costs dramatically improved the company's margins. Egypt's flour mills benefited from a combination of lower wheat import costs and government pricing reforms that allowed domestic millers to pass on costs more efficiently. SCFM delivered the highest return of any Egyptian stock with significant market capitalisation during the year.

2. Housing & Development Bank (HDBK) — ~+162%

Housing and Development Bank was 2025's best performing bank on the EGX. As interest rates began easing and Egypt's mortgage market showed early signs of recovery, HDBK — which focuses on residential mortgage lending and development financing — re-rated sharply. The stock's discount to book value at the start of the year provided significant upside as investor confidence returned to Egyptian financials.

3. AMES — ~+146%

AMES was the top performer in Egypt's healthcare sector in 2025. Egypt's healthcare market is structurally growing as the country expands health insurance coverage and middle-class demand for private medical services increases. AMES benefited from this structural tailwind alongside improving corporate margins as the inflation environment eased.

4. North Cairo Flour Mills (MILS) — ~+140%

North Cairo Flour Mills closely followed its sector peer SCFM with an approximately 140% gain. The same dynamics drove both stocks: lower wheat import costs, improved margin visibility, and a re-rating of Egyptian food processing companies as the macro environment stabilised. MILS has a history of consistent dividend payments, which added income appeal to its capital appreciation story.

5. Alexandria Flour Mills (AFMC) — ~+115%

Alexandria Flour Mills completed a remarkable trio of flour mill outperformers in 2025 with a ~115% gain. The stock's rally was supported by improved profitability and its positioning as a beneficiary of Egypt's food security investment agenda — a government priority that has attracted regulatory support for domestic food processing.

6. Telecom Egypt (ETEL) — ~+93%

Telecom Egypt, Egypt's national fixed-line and broadband operator, gained approximately 93% in 2025. The company benefited from accelerating broadband subscriber growth, improved data monetisation, and the broader re-rating of Egyptian large-cap infrastructure stocks as foreign investors returned.

7. Fawry (FWRY) — ~+84%

Fawry, Egypt's dominant digital payments and fintech platform, gained approximately 84% in 2025. The company continued expanding its merchant network and transaction volumes across Egypt, benefiting from the country's ongoing shift toward digital financial services.

8. Egypt Aluminum (EGAL) — ~+79%

Egypt Aluminum gained approximately 79% in 2025, driven by higher global aluminum prices and improving production efficiency. EGAL trades as one of Egypt's few pure industrial materials plays with meaningful export exposure, making it a beneficiary of both domestic macro improvement and global commodity price movements.

9. CIB — Commercial International Bank (COMI) — ~+74%

CIB is Egypt's largest private-sector bank and the anchor stock of the EGX. A ~74% gain in 2025 reflected broad investor confidence in Egyptian banking as interest rate dynamics shifted and credit quality improved. CIB's market capitalisation exceeds EGP 330 billion, making its performance highly influential on the EGX 30 index as a whole. With a P/B ratio of just 1.8x at year-end, the stock remained attractively valued relative to its profitability.

10. Eastern Company (EAST) — ~+55%

Eastern Company, Egypt's dominant tobacco and consumer goods manufacturer, gained approximately 55% in 2025. With one of the highest dividend yields among EGX blue chips at approximately 6.2%, EAST attracted both income-focused investors and those seeking exposure to Egyptian domestic consumer spending.

## Sector Performance in 2025

Sector	Performance
Food Processing (Flour Mills)	Standout — multiple 100%+ gainers
Healthcare	Strong — structural growth story
Banking	Strong — re-rating on macro improvement
Telecom	Strong — subscriber growth and re-rating
Fintech	Strong — digital payments expansion
Real Estate	Moderate — selective recovery
Fertilizers	Underperformed — commodity price headwinds

Flour mills were Egypt's most surprising sector story. Three separate flour milling companies all delivered returns above 100%, reflecting a sector-wide re-rating as input costs fell and government pricing reforms improved margin visibility.

Fertilizers were the notable laggard. Abu Qir Fertilizers (ABUK) fell approximately 14.7% and Misr Fertilizer (MFPC) declined about 5.5% as global fertilizer prices remained suppressed and energy input costs weighed on margins.

## What Drove Egypt's 2025 Stock Market Rally

Inflation falling from 28% to 14%. This single factor drove most of the re-rating. Corporate earnings are worth more when you can predict them — and prediction becomes possible when inflation is falling rather than spiraling. Lower inflation also reduces discount rates, mechanically raising the fair value of equities.

IMF deal and pound stabilisation. Egypt's currency had been significantly devalued in 2024 as part of its IMF agreement. By 2025, the pound stabilised, removing the currency risk premium that foreign investors had required. When emerging market currency risk falls, foreign capital returns — and it did.

Extremely cheap valuations coming into the year. The EGX entered 2025 at roughly 7x forward earnings across the index — depressed by years of macro turbulence. Even after a 40% gain, the market still traded at only 8.8x forward earnings at year-end.

Strong corporate earnings. Listed Egyptian companies grew earnings at 26% annually on average over the three years to 2025. When earnings grow and valuations expand simultaneously, the returns can be remarkable.

## Egypt's Stock Market in 2026

Egypt enters 2026 with significant momentum. The EGX 30 continued rising after year-end, reaching 47,195.39 points by March 2026 — a further 13% above its December 2025 close. Egypt has announced plans for 8 new listings in 2026, and the Egyptian Exchange launched its first futures market in March 2026, a structural milestone that signals the market's growing maturity. Inflation targeting around 10.5% in 2026 suggests the macro tailwind that drove 2025's re-rating has further room to run.