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The EGX30 rose 0.5% at today’s close on turnover of EGP 5.2 bn (49.7% above the 90-day average). Regional investors were net sellers. The index is up 14.2% YTD.
In the green: Delta Sugar (+8.6%), Juhayna (+6.8%) and Madinet Masr (+6.2%).
In the red: Egypt Kuwait Holding (-8.3%), CIB (-3.5%) and Eastern Company (-2.3%).
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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