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The EGX30 rose 0.6% at today’s close on turnover of EGP 907 mn (3.4% above the 90-day average). Local investors were net buyers. The index is down 7.0% YTD.
In the green: Fawry (+6.5%), Madinet Nasr Housing (+5.4%) and Eastern Company (+5.1%).
In the red: Cleopatra Hospitals (-4.4%), Mopco (-4.0%) and GB Auto (-3.5%).
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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