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The EGX30 rose 1.2% at today’s close on turnover of EGP 3.86 bn (5.8% below the 90-day average). Regional investors were net sellers. The index is up 27.4% YTD.
In the green: Elsewedy Electric (+19.6%), Eastern Company (+3.6%) and Egyptian Kuwaiti Holding -EGP (+3.2%).
In the red: Credit Agricole (-1.2%), E-Finance (-1.0%) and Beltone Holding (-0.9%).
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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