What the markets are doing on 24 August, 2022

The EGX30 fell 0.3% at today’s close on turnover of EGP 1.32 bn (37.6% above the 90-day average). Foreign investors were net sellers. The index is down 15.4% YTD.

In the green: Rameda (+2.9%), Housing & Development Bank (+1.8%) and Alexandria Containers (+1.5%).

In the red: Palm Hills Development (-2.1%), Heliopolis Housing (-2.0%) and Sidi Kerir Petchem (-1.9%).