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The EGX30 fell 2.2% at today’s close on turnover of EGP 2.91bn (66% above the 90-day average). Foreign investors were net sellers. The index is up 16.6% YTD.
In the green: Eastern Company (+4.4%), CIRA Education (+1.0%) and Egypt Kuwait Holding -EGP (+0.2%).
In the red: Telecom Egypt (-7.1%), Heliopolis Housing (-7.0%) and Madinet Nasr Housing and Development (-5.6%).
LCs continue to be processed — albeit after closer inspection…
The rollout includes 3- and 6-month future contracts tracking the…
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on…
💸 Eid traditions in Egypt (and the region) have held…
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