EARNINGS WATCH-

Juhayna’s net income jumped 135% y-o-y to EGP 339 mn, according to the company’searningsrelease(pdf). The dairy giant’s revenues rose 42% y-o-y to EGP 3.4 bn during the quarter.

MARKET ROUNDUP-

The EGX30 fell 0.2% at today’s close on turnover of EGP 3.42 bn. Local investors were net buyers. The index is up 19.9% YTD.

In the green: Elsewedy Electric (+8.6%), Juhayna (+1.9%) and CIRA Education (+1.0%).

In the red: Orascom Construction (-6.7%), Abu Dhabi Islamic Bank (-6.5%), and Mopco (-3.0%).

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