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The EGX30 rose 0.6% at today’s close on turnover of EGP 1.2 bn (15.4% above the 90-day average). Regional investors were net sellers. The index is down 13.6% YTD.
In the green: Eastern Company (+4.6%), Alexandria Container and Cargo Handling (+3.7%) and Egypt Kuwait Holding-EGP (+3.1%).
In the red: Rameda Pharma (-5.2%), Telecom Egypt (-2.9%) and GB Auto (-2.6%).
LCs continue to be processed — albeit after closer inspection…
The rollout includes 3- and 6-month future contracts tracking the…
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