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The EGX30 fell 2.2% at today’s close on turnover of EGP 5.7 bn (20.1% above the 90-day average). Local investors were net sellers. The index is up 31.2% YTD.
In the green: Juhayna (+15.6%), Edita (+7.1%) and Talaat Moustafa Group (+5.6%).
In the red: Alexandria Containers and Cargo Handling (-7.4%), Sidi Kerir Petrochemicals (-7.0%) and Eastern Company (-6.2%).
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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