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The EGX30 rose 3.2% at today’s close on turnover of EGP 2.38 bn (44.6% above the 90-day average). Local investors were net buyers. The index is up 17.8% YTD.
In the green: AMOC (+11.0%), Fawry (+8.6%) and Sidi Kerir Petrochemicals (+8.3%).
In the red: Eastern Company (-1.1%).
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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