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The EGX30 rose 0.9% at today’s close on turnover of EGP 3.4 bn (18.0% above the 90-day average). Regional investors were the sole net buyers. The index is up 23.8% YTD.
In the green: ADIB (+3.6%), Beltone Holding (+2.7%), and CIB (+2.5%).
In the red: Juhayna (-4.1%), AMOC (-1.5%), and Emaar Misr (-0.7%).
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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