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The EGX30 rose 0.9% at today’s close on turnover of EGP 5.3 bn (31.9% above the 90-day average). International investors were the sole net sellers. The index is up 28.0% YTD.
In the green: Edita (+5.3%), Juhayna (+5.2%), and Elsewedy Electric (+5.1%).
In the red: Ezz Steel (-3.7%), Emaar Misr (-2.5%), and Madinet Masr (-2.0%).
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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