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The EGX30 fell 0.5% at today’s close on turnover of EGP 2.9 bn (26.2% below the 90-day average). Local investors were the sole net buyers. The index is up 0.2% YTD.
In the green: Ezz Steel (+1.7 %), B Investments Holding (+1.3%) and EFG Holding (+0.8%).
In the red: Elsewedy Electric (-2.1%), Beltone Holding (-2.0%) and Oriental Weaver (-1.9%).
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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