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The EGX30 fell 1.4% at today’s close on turnover of EGP 724.08 mn (24% below the 90-day average). Local investors were net buyers. The index is down 18.9% YTD.
In the green: Juhayna (+0.4%), Elsewedy Electric (+0.4%) and e-Finance (+0.3%).
In the red: Madinet Nasr Housing (-4.5%), Rameda (-3.3%) and Palm Hills Development (-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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