EARNINGS WATCH- Alexandria Container and Cargo Handling’s net income rose 21% to EGP 336.3 mn in 3Q2021, up from EGP 277.8 mn in the same period last year, the company said in a bourse filing (pdf) this morning. The bottom line growth came despite revenues falling 1.9% to EGP 537.7 mn from EGP 547.9 mn in 3Q2020.

MARKET ROUNDUP-

The EGX30 fell less than 0.1% at today’s close on turnover of EGP 1.72 bn (11.6% above the 90-day average). Foreigns investors were net sellers. The index is up 3.1% YTD.

In the green: Cleopatra Hospitals (+5.6%), CIRA (+2.8%) and CIB (+2.1%).

In the red: Aspire Capital (-9.9%), Madinet Nasr Holding (-9.0%) and Gadwa Industrial Development (-7.6%).

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