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The EGX30 rose 0.1% at today’s close on turnover of EGP 746 mn (35.2% below the 90-day average). Local investors were net sellers. The index is down 1.8% YTD.
In the green: EFG Hermes (+1.4%), GB Auto (+1.1%) and CIB (+1.0%).
In the red: Fawry (-3.3%), AMOC (-3.0%) and Raya Holding (-2.6%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
PE and VC-backed companies were already pivoting to local exchanges…
Telda claims users can sell a position and immediately spend…
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