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The EGX30 rose 2.0% at today’s close on turnover of EGP 3.2 bn. Foreign investors were net sellers. The index is up 23.8% YTD.
In the green: EFG Hermes (+6.8%), Talaat Moustafa Holding (+6.1%) and Qalaa Holding (+5.9%).
In the red: Rameda Pharma (-4.8%), Egypt Kuwait Holding-EGP (-2.4%) and Fawry (-1.7%).
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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