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The EGX30 fell 1.3% at today’s close on turnover of EGP 4.2 bn (0% above the 90-day average). Regional investors were the sole net buyers. The index is up 23.0% YTD.
In the green: Fawry (+0.7%), Edita (+0.5%) and B Investments Holding (+0.4%).
In the red: ADIB (-4.0%), Faisal Islamic Bank -EGP (-4.0%) and Credit Agricole (-3.8%).
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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