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The EGX30 fell 0.6% at today’s close on turnover of EGP 1.04 bn (16.4% above the 90-day average). Foreign investors were net sellers. The index is down 16.8% YTD.
In the green: Eastern Company (+2.6%), e-Finance (+2.1%) and Sidi Kerir Petrochemicals (+1.2%).
In the red: Mopco (-5.2%), Palm Hills Development (-4.0%) and Cleopatra Hospitals (-3.2%).
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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