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The EGX30 fell 0.2% at today’s close on turnover of EGP 1.27 bn. Local investors were net buyers. The index is up 21.3% YTD.
In the green: Mopco (+20.0%), Credit Agricole (+2.9%) and Taaleem (+2.6%).
In the red: CIB (-2.0%), Telecom Egypt (-2.0%) and Palm Hills Developments (-1.8%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
PE and VC-backed companies were already pivoting to local exchanges…
Telda claims users can sell a position and immediately spend…
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