EARNINGS WATCH-

Alexandria Mineral Oils Company (AMOC) reported EGP 1.4 bn in net income in 9M 2022-23, up 90.5% y-o-y, according to an EGX disclosure (pdf). Revenues, meanwhile, climbed 44.6% y-o-y to EGP 17.7 bn during the period.

MARKET ROUNDUP-

The EGX30 rose 0.7% at today’s close on turnover of EGP 1.22 bn. Local investors were net buyers. The index is up 15.5% YTD.

In the green: Eastern Company (+6.7%), Ibnsina Pharma (+5.5%) and Cleopatra Hospitals (+5.0%).

In the red: Ezz Steel (-3.6%), Sidi Kerir Petrochemicals (-1.9%) and E-finance (-1.7%).

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