MARKET NEWS-

Dairy company Juhayna will pay out dividends of EGP 0.35 a share for 2021, redeemable on 3 November, it said in an EGX disclosure (pdf).

The EGX30 rose 0.5% at today’s close on turnover of EGP 1.01 bn (2.9% above the 90-day average). Foreign investors were net sellers. The index is down 17.5% YTD.

In the green: Cleopatra Hospitals (+4.4%), Elsewedy Electric (+3.4%) and Madinet Nasr Housing (+2.0%).

In the red: GB Auto (-2.4%), Orascom Construction (-2.3%) and Rameda Pharma (-1.1%).

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