The EGX30 rose 0.5% at today’s close on turnover of EGP 896 mn (29.1% below the 90-day average). Foreign investors were net buyers. The index is down 3.1% YTD.

In the green: Pioneers (+3.3%), Orascom Development (+2.5%) and Oriental Weavers (+1.9%).

In the red: GB Auto (-2.4%), Credit Agricole (-1.6%) and Edita (-1.3%).

MARKET NEWS- B Investments is paying out EGP 200 mn in dividends in 2021, at EGP 1.25 per share, the company said in an EGX disclosure (pdf) this morning.

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