The EGX30 rose 0.8% at today’s close on turnover of EGP 735 mn (45% below the 90-day average). Foreign investors were net sellers. The index is down 3.7% YTD.

In the green: Pioneers (+2.7%), Ezz Steel (+2.3%) and Palm Hills Development (+2.3%).

In the red: Edita (-4.1%), Cleopatra Housing (-1.8%) and Fawry (-0.9%).

Dice reported EGP 54.7 mn in consolidated net losses in 2020 down from EGP 120.8 mn during the previous year, according to the EGX-listed clothing manufacturer’s 2020 earnings release (pdf). Dice also saw total sales fall almost 22% to EGP 1.23 bn from EGP 1.57 bn in the same time last year.

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