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The EGX30 rose 1.7% at today’s close on turnover of EGP 2.1 bn (2.1% above the 90-day average). Regional investors were net sellers. The index is up 26.8% YTD.
In the green: Alexandria Containers and Cargo Handling (+5.6%), Credit Agricole (+4.0%) and E-Finance (+3.4%).
In the red: Heliopolis Housing (-0.7%), Palm Hills Development (-0.7%) and Abu Qir Fertilizers (-0.6%).
LCs continue to be processed — albeit after closer inspection…
The rollout includes 3- and 6-month future contracts tracking the…
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on…
💸 Eid traditions in Egypt (and the region) have held…
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