What the markets are doing on 1 May, 2023

The EGX30 fell 2.0% at today’s close on turnover of EGP 2.09 bn. Foreign investors were net sellers. The index is up 18.6% YTD.

In the green: Eastern Company (+1.5%), Ezz Steel (+0.7%) and Abu Dhabi Islamic Bank - Egypt (+0.4%).

In the red: AMOC (-10.7%), Abu Kir Fertilizers (-4.7%) and Qalaa Holdings (-4.5%).