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The EGX30 fell 0.2% at today’s close on turnover of EGP 2.9 bn (17.2% below the 90-day average). Regional investors were the sole net sellers. The index is up 6.8% YTD.
In the green: Juhayna (+4.0%), Credit Agricole (+2.3%) and Madinet Masr (+1.8%).
In the red: Egypt Aluminum (-4.4%), Palm Hills Developments (-3.4%) and Emaar Misr (-3.4%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
Issuers are likely to wait until markets allow them to…
Telda claims users can sell a position and immediately spend…
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