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The EGX30 fell 2.4% at today’s close on turnover of EGP 1.70 bn. Local investors were net buyers. The index is up 18.4% YTD.
In the green: Orascom Construction (+4.5%), Telecom Egypt (+2.2%) and Ibnsina Pharma (+0.4%).
In the red: Elsewedy Electric (-5.7%), CIB (-4.5%) and Qalaa Holding (-4.4%).
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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