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The EGX30 rose 0.6% at today’s close on turnover of EGP 1.24 bn (14.8% above the 90-day average). Local investors were net buyers. The index is down 2.95% YTD.
In the green: EFG Hermes (+9.3%), GB Auto (+5.1%) and TMG Holding (+5.0%).
In the red: Fawry (-3.9%), MM Group (-2.8%) and Credit Agricole Egypt (-1.4%).
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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