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The EGX30 jumped 5.6% at today’s close on turnover of EGP 2.8 bn (43.6% below the 90-day average). Local investors were net sellers. The index is up 4.5% YTD.
In the green: TMG Holding (+13.7%), Orascom Construction (+12.8%) and GB Corp (+10.9%).
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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