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The EGX30 rose 0.3% at today’s close on turnover of EGP 4.5 bn (7.5% above the 90-day average). Egyptian investors were the sole net buyers. The index is up 23.0% YTD.
In the green: Edita (+3.9%), B Investments Holding (+1.9%) and Ezz Steel (+1.8%).
In the red: Palm Hills Development (-3.6%), Juhayna (-2.4%) and Alexandria Containers and Cargo Handling (-2.3%).
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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