The EGX30 rose 0.9% at today’s close on turnover of EGP 4.8 bn (4.2% below the 90-day average). Foreign investors were net sellers. The index is up 19.2% YTD.
In the green: Orascom Development Egypt (+5.7%), Palm Hills Developments (+5.2%) and Elsewedy Electric (+3.6%).
In the red: Abu Qir Fertilizers (-1.8%), Abu Dhabi Islamic Bank (-1.7%) and Edita (-0.9%).