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

Today: Delta Sugar and Ajwa profits tumbled, while El Nile Pharma rebounded sharply and General Silos inched higher.

🔔 EGX30 ended +0.37% by market close at 38,304 points, while the EGX70 dropped 0.99% to 12,116 points, and the EGX100 also fell 0.75% to reach 15,926 points.

💸 The number of transactions reached 133,800 spread across 1,707,590,360 stocks leading to a turnover of EGP 5.2 billion.

🏷️ Regional investors were the only net sellers.

📈 Top gainers for the market as a whole included A Capital Holding (+15.83%), El Shams Housing & Urbanization (+6.56%), and Arab Polvara Spinning & Weaving Co. (+5.0%).

📉 Top losers for the market included Copper For Commercial Investment & Real Estate Development (--20.0%), El-Nile Co. For Pharmaceuticals And Chemical Industries (-8.52%), and South Cairo & Giza Mills & Bakeries (-8.19%).

⬆️ Top gainers for EGX30 included Eastern Company (+4.3%), Qalaa Holdings (+2.5%), and Egypt Aluminum (+1.3%).

⬇️ Top losers included Emaar Misr (-2.1%), GB Corp (-2.0%), and Egypt Kuwait Holding -EGP (-1.4%).

Other Important Stats: 

🧈 24K Gold reached EGP 6,126 per gram, up 0.07% day-on-day and up 4.58% month-on-month.

💲 The USD reached EGP 47.32 at the National Bank of Egypt.

💸 Delta Sugar’s (SUGR) net profit fell 60% year-on-year to EGP 387.2 million in the first nine months of 2025, despite revenue jumping to EGP 6.68 billion from EGP 2.31 billion a year earlier. SUGR attributed the decline to lower local sugar prices amid rising imports and higher financing costs linked to weak sales and increased overdrafts. The company’s share value is up 12.19% since the start of the year.

🌽 Ajwa for Food Industries (AJWA) reported a 76% drop in 2024 net profit to EGP 10.9 million, down from EGP 45.4 million a year earlier, according to its consolidated financials. Ajwa’s annual sales also slipped to EGP 1.7 billion from EGP 1.9 billion in 2023. The company’s share value is up 36% since the start of the year.

💊 El-Nile Co. For Pharmaceuticals And Chemical Industries (NIPH) swung to profitability in the first quarter of its fiscal year, recording EGP 106.52 million in net income, compared to a EGP 11.73 million loss recorded in the same period the year before.This sharp turnaround was fueled by the company's doubled revenues, which soared to EGP 681.2 million in Q1, up from EGP 121.76 million in the corresponding period last fiscal year. It’s worth noting that the company’s share value is up 278% since the beginning of 2025.

🌾 General Silos & Storage Co.(GSSC) reported a slight year-on-year rise in its income for the first quarter of FY2025/2026, posting a net profit of EGP 61.66 million compared to EGP 61.19 million in the same period last year — up 0.76%. Revenues also climbed 15.63% to EGP 261.71 million from EGP 226.33 million a year earlier. The company’s share value has grown 55.6% since the start of the year.

👀Speed Medical (SPMD) plans to exit its hospital business, revealing it’s preparing to sell Speed Hospital — either by offloading its 80.25% stake or selling the facility itself. Osoul Arabia is handling the valuation ahead of a potential sale to buyers in Egypt or the Gulf, with a public auction as a fallback. The company also agreed to pay EGP 5.33 million to Act Financial to close a court case, and will later pursue its former chairman Mahmoud Ahmed Lasheen to recover the amount and seek compensation.

🛢️Alexandria Mineral Oils Company (AMOC) and Middle East Oil Refinery signed an agreement to cooperate in increasing the production of high-quality gas oil that meets international standards by around 350,000 tons per year, priced at global market levels.The move comes as part of efforts to boost integration across petroleum sector companies, in line with the directives of Petroleum Minister Karim Badawy to accelerate economically viable projects that support sustainable growth and enhance value creation.

📝 Research from Mubasher indicates that Talaat Moustafa Group Holding (TMGH) is maintaining its positive momentum after breaking a long-term downtrend line — a move signaling renewed buying strength. The stock is currently trading at EGP 58.10 by market close yesterday, supported by strong demand and stability above its short-term moving average at EGP 57.50. A clear daily close above EGP 59.00 could pave the way for further gains toward EGP 61.70–63.50, while holding above EGP 57.50 keeps the short-term outlook bullish, Mubasher noted.

October 29, 2025 (today):

Madinet Masr Housing and Development (MASR) -  dividend distribution date for EGP 0.12 per share. The record date was May 26.

Middle and West Delta Flour Mills (WCDF) -  dividend distribution date for EGP 36 per share. The record date was Sunday, October 26.

Memphis Pharmaceutical and Chemical Industries (MPCI) - dividend distribution date for EGP EGP 13.18 per share. The record date was Sunday, October 26.

October 30, 2025:

Sidi Kerir Petrochemicals (SKPC) - dividend distribution date for EGP 0.50 per share. The record date was May 26.

Arab Drug Co (ADCI) - dividend distribution date for EGP 8.33 per share. The record date was Monday, October 27.

Oriental Weavers (ORWE) - dividend distribution date for EGP 0.60 per share. The record date was April 2.

November 2, 2025:

El-Nile Co. For Pharmaceuticals And Chemical Industries (NIPH) -  dividend distribution date for EGP 2 per share. The record date was Tuesday, October 28.

⏱️ Egypt plans to roll out its first retail bond market by early 2026, a senior government official told EnterpriseAM, allowing individuals to trade government bonds through Egypt Post with inflation-linked returns. The move targets middle-income Egyptians and expats while aiming to boost liquidity and create a more stable investor base

🛢️The UAE’s Fujairah plans to invest USD 500 million next year in the first phase of a logistics zone for crude oil and petroleum product storage and trading at Egypt’s Hamra Port in Alamein, a government official told Asharq Business. The move follows the signing of three agreements between Egypt’s Petroleum Ministry and the Emirate of Fujairah earlier this month to establish a USD 3 billion petroleum logistics hub and expand crude storage operations at the Hamra facilities.

💰 The Suez Canal Economic Zone has signed a long-term financing agreement worth EGP 30 billion with the Commercial International Bank to fund infrastructure and development projects across its zones, according to a statement. The package combines EGP 20 billion in fresh financing with the restructuring of an existing EGP 10 billion loan.

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

Your daily market lens, signing off.