EARNINGS WATCH- CI Capital reported a net income of EGP 241 mn in 3Q2021, up 122% y-o-y, the investment bank said in its earnings release (pdf). Total revenues were also up 36% to EGP 773 mn.
MARKET WATCH-
The EGX30 fell 0.9% today on turnover of EGP 821.2 mn (45% below the 90-day average). Regional investors were net buyers. The index is up 5.9% YTD.
In the green: Medinet Nasr Housing (+3.1%), Mopco (+2.2%) and Abou Kir Fertilizers (+0.8%).
In the red: Gadwa for Industrial Development (-5.1%), Aspire Capital (-3.9%) and AMOC (-3.3%).