What the markets are doing on 8 June, 2023

The EGX30 rose 1% at today’s close on turnover of EGP 2.37 bn. Local investors were net buyers. The index is up 20.0% YTD.

In the green: Sidi Kerir Petrochemicals (+8.5%), Ibnsina Pharma (+4.3%) and Telecom Egypt (+4.0%).

In the red: Abu Dhabi Islamic Bank (-2.9%), Edita (-1.9%) and Taaleem Management Services (-1.3%).