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The EGX30 fell 0.6% at today’s close on turnover of EGP 2.9 bn (24.7% below the 90-day average). Egyptian investors were the sole net buyers. The index is down 1.6% YTD.
In the green: Abou Kir Fertilizers (+6.0%), Sidpec (+5.1%), and AMOC (+4.2%).
In the red: Orascom Construction (-2.9%), Emaar Misr (-2.7%), and Cleopatra Hospitals (-2.6%).
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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