Banque du Caire starts trading after EGP36.37 billion offering
Banque du Caire shares began trading on the Egyptian Exchange on 2 November 2026 after an offering of 45% of its capital valued at about EGP36.37 billion, according to reports of the inaugural session.
The transaction covers 6.8625 billion shares. The initial trading reference price is EGP5.30 per share. Information from broker Okaz, reproducing the market notice, agrees on the start date and reference price.
A stabilisation mechanism is scheduled to run from 2 November to 1 December for public-offer investors, subject to its applicable terms. This mechanism does not guarantee a rising share price. Gains reported in the opening minutes should be distinguished from the session’s closing performance.