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The EGX30 fell 0.6% at today’s close on turnover of EGP 3.4 bn (14.2% above the 90-day average). Regional investors were net sellers. The index is up 68.5% YTD.
In the green: GB Corp (+7.8%), Madinet Masr (+6.5%) and Qalaa Holdings (+6.1%).
In the red: Mopco (-3.5%), Ezz Steel (-3.2%) and Edita (-3.2%).
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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