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The EGX30 rose 1.5% at today’s close on turnover of EGP 3.4 bn (6.9% below the 90-day average). Regional investors were the sole net buyers. The index is up 2.4% YTD.
In the green: Emaar Misr (+6.9%), E-finance (+5.6%), and Rameda Pharma (+4.5%).
In the red: Juhayna (-4.0%) and Telecom Egypt (-0.1%).
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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