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16675 / +20(2)33357575

shd@sigma-capital.com

02-02-2026

European Stocks Open Lower

Source: MIST

(QNA) -

European shares opened lower on Monday, influenced by the continued sharp decline in precious metals prices, at a time when caution increased among investors following US President Donald Trump's announcement of the appointment of Kevin Warsh as head of the US Federal Reserve.

At the start of the session, the French CAC 40 index fell 0.42 percent, the German DAX declined about 0.38 percent, the British FTSE 100 dropped 0.47 percent, and the Milan index recorded losses of 0.53 percent.

This decline comes amid concerns of a potential tightening in US monetary policy, which put strong pressure on commodity markets, particularly gold and silver, and negatively affected risk appetite in European markets

Market HighLights

EGX30

Indices

NameLastChCh%
EGX30 47,606.28 -56.46 %-0.12
EGX100 17,207.75 109.33 %0.64
EGX70E 12,465.45 89.62 %0.72
EGX30C 57,551.98 197.06 %0.34

Market Breadth ***

Advancing : Declining    1.4 : 1

shares

Advancing13352%
Declining9537%
Unchanged249%
Total252
T/O (EGP Mn)726443242785155
Volume (Mn)19511160482308
*** Equities only, OPR not Include, OTC included

Sector Ranking by Activity

Sector NameT/O (EGP Mn) Mkt %
Financial Services & Electronic Payments1,792.0124.67
Real Estate and Hotels1,588.9921.87
Industrial, Construction and Materials912.9312.57
Banks814.5011.21
Food and Beverage740.3210.19
Healthcare and Pharmaceuticals446.656.15
Chemicals291.454.01
Technology, Media and Telecom187.102.58
Transportation, Shipping and Logistics179.202.47
Other159.672.20
Consumer Discretionary65.050.90
Energy57.530.79
Education25.310.35