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The EGX30 rose 5.3% at today’s close on turnover of EGP 2.9 bn (41.8% below the 90-day average). Regional investors were net sellers. The index is up 13.7% YTD.
In the green: E-finance (+11.8%), Heliopolis Housing (+11.7%), and Beltone Holding (+10.4%).
In the red: Ezz Steel (-2.7%), Juhayna (-1.5%) and Eipico (-0.2%).
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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