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The EGX30 rose 2.6% at today’s close on turnover of EGP 6.46 bn (122.6% above the 90-day average). Foreign investors were net buyers. The index is up 8.2% YTD.
In the green: TMG Holding (+11.8%), Abu Dhabi Islamic Bank-Egypt (+6.6%) and B Investments (+6.5%).
In the red: Edita (-0.3%).
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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