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The EGX30 fell 1.6% at today’s close on turnover of EGP 957.76 mn (9.2% above the 90-day average). Foreign investors were net sellers. The index is down 10.6% YTD.
In the green: Orascom Construction (+2.6%), Fawry (+0.6%).
In the red: Palm Hills (-5.0%), Qalaa Holdings (-4.0%) and Ezz Steel (-3.9%).
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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