MARKET NEWS-

Raya Holding for Financial Investments is paying out dividends of EGP 0.035 per share on its earnings from FY2021-2022, the company said in an EGX disclosure (pdf).

MARKET ROUNDUP-

The EGX30 rose 0.3% at today’s close on turnover of EGP 1.93 bn (5.1% above the 90-day average). Regional investors were net buyers. The index is up 16.1% YTD.

In the green: Mopco (+3.0%), Abu Qir Fertilizers (+2.1%) and CIB (+1.9%).

In the red: Abu Dhabi Islamic Bank Egypt (-5.2%), Juhayna (-5.1%) and Qalaa Holdings (-3.9%).

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