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The EGX30 rose 1% at today’s close on turnover of EGP 4.0 bn (19.3% above the 90-day average). Regional investors were net buyers. The index is up 2.8% YTD.
In the green: Abu Qir Fertilizers (+3.4%), Beltone Holding (+3.2%), and Eastern Company (+2.8%).
In the red: Ezz Steel (-1.5%), CIRA Education (-1.4%), and Oriental Weavers (-0.8%).
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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