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The EGX30 rose 1.0% at today’s close on turnover of EGP 2.19 bn (4.1% above the 90-day average). Foreign investors were net sellers. The index is up 29.5% YTD.
In the green: Alexandria Containers and Cargo Handling (+5.3%), TMG Holding (+5.0%) and Ezz Steel (+4.1%).
In the red: GB Corop (-1.9%), B Investments Holding (-1.8%) and Orascom Development Egypt (-1.4%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
Newly listed companies will receive a 30% reduction on payable…
💸 Eid traditions in Egypt (and the region) have held…
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