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The EGX30 rose 0.4% at today’s close on turnover of EGP 2.6 bn (26.6% above the 90-day average). Foreign investors were net buyers. The index is up 27.3% YTD.
In the green: Palm Hills Development (+4.30%), Beltone Financial Holding (+3.7%), and ADIB (+2.1%).
In the red: GB Corp (-2.8%), Heliopolis Housing (-2.1%), and Cira Education (-1.9%).
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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