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The EGX30 was almost flat at today’s close on turnover of EGP 3.3 bn (33% below the 90-day average). Local investors were net buyers. The index is up 16.7% YTD.
In the green: E-finance (+10.3%), Fawry (+7.2%), and AMOC (+4.7%).
In the red: Elsewedy Electric (-4.6%), Talaat Moustafa Group (-4.2%), and Delta Sugar (-3.0%).
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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