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The EGX30 remained flat at today’s close on turnover of EGP 4.0 bn (17.3% below the 90-day average). International investors were net sellers. The index is up 9.4% YTD.
In the green: Edita (+7.0%), Orascom Development Egypt (+6.5%), and Heliopolis Housing (+4.2%).
In the red: Abu Qir Fertilizers (-2.9%), Mopco (-2.3%), and AMOC (-2.2%).
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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