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The EGX30 fell 0.4% at today’s close on turnover of EGP 1.44 bn (35.5% above the 90-day average). Foreign investors were net sellers. The index is down 13.0% YTD.
In the green: Cleopatra Hospitals (+4.0%), Fawry (+1.4%) and Oriental Weavers (+0.7%).
In the red: Qalaa Holding (-2.7%), Egypt Kuwait Holding-EGP (-2.1%) and e-Finance (-1.9%).
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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