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The EGX30 rose 0.94% at today’s close on turnover of EGP 8.9 bn (112.2% above the 90-day average). Foreign investors were net sellers. The index is up 17.3% YTD.
In the green: Orascom Construction (+12.8%), El Sewedy (+9.8%) and Fawry (+8.1%).
In the red: Oriental Weavers (-5.7%), Juhayna (-4.0%) and Ezz Steel (-4.0%).
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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