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The EGX30 rose 0.1% at today’s close on turnover of EGP 4.6 bn (15.6% above the 90-day average). Regional investors were the sole net sellers. The index is up 25.6% YTD.
In the green: Cleopatra Hospital Company (+8.3%), Credit Agricole (+3.5%) and Alexandria Containers and Cargo Handling (+2.9%).
In the red: Fawry (-2.7%), Egypt Kuwait Holding-EGP (-2%) and B Investments Holding (-1.9%).
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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