What the markets are doing on 29 May, 2023

The EGX30 rose 0.47% at today’s close on turnover of EGP 2.42 bn. Foreign investors were net sellers. The index is up 17.9% YTD.

In the green: Heliopolis Housing (+11.8%), Orascom Construction (+7.5%) and TMG (+5.1%).

In the red: Ibnsina Pharma (-1.8%), Egypt-Kuwait Holding (-1.7%) and Oriental Weavers (-1.5%).