MARKET NEWS-

Contact Financial Holding will pay out dividends of EGP 0.2525 per share to its shareholders this Thursday, 13 April, according to an EGX filing (pdf).


MARKET ROUNDUP-

The EGX30 rose 0.6% at today’s close on turnover of EGP 1.57 bn. Foreign investors were net sellers. The index is up 14.9% YTD.

In the green: Qalaa Holdings (+5.8%), Elsewedy Electric (+5.3%) and Palm Hills Development (+5.3%).

In the red: Rameda Pharma (-2.2%), Ezz Steel (-1.8%) and Sidi Kerir Petrochemicals (-1.6%).