What the markets are doing on 12 May, 2024

The EGX30 fell 3.3% at today’s close on turnover of EGP 2.49 bn (48.9% below the 90-day average). Local investors were net buyers. The index is up 1.1% YTD.

In the green: Abu Dhabi Islamic Bank (+2.4%).

In the red: Qalaa Holding (-15.1%), Ibnsina Pharma (-7.9%) and E-Finance (-7.4%).