What the markets are doing on 7 October 2024

The EGX30 rose 0.3% at today’s close on turnover of EGP 5.6 bn (37.5% above the 90-day average). Local investors were the sole net buyers. The index is up 27.8% YTD.

In the green: Orascom Construction (+12.7%), Juhayna (+12.3%), and Elsewedy Electric (+11.8%).

In the red: Palm Hills Development (-4.6%), E-finance (-3.2%), and Credit Agricole (-2.4%).