What the markets are doing on 12 January, 2023

The EGX30 rose 0.15% at today’s close on turnover of EGP 2.59 bn (55.9% above the 90-day average). Local investors were net buyers. The index is up 6.53% YTD.

In the green: Heliopolis Housing and Development (+10.6%), Alexandria Containers and Cargo Handling (+4.9%) and AMOC (+4.5%).

In the red: Cleopatra Hospitals (-3.2%), Mopco (-2.7%) and Credit Agricole Egypt (-2.5%).