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The EGX30 rose 1.1% at today’s close on turnover of EGP 4.1 bn (0.1% below the 90-day average). International investors were the sole net sellers. The index is up 25.2% YTD.
In the green: Cleopatra Hospitals (+7.7%), Elsewedy Electric (+4.8%), and Telecom Egypt (+3.6%).
In the red: Credit Agricole (-1.4%), Juhayna (-1.3%), and CIB (-1.2%).
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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