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The EGX30 rose 0.1% at today’s close on turnover of EGP 3.1 bn (30.7% below the 90-day average). Regional investors were the sole net buyers. The index is up 4.5% YTD.
In the green: GB Corp (+2.9%), Orascom Development (+1.3%), and CIB (+0.9%).
In the red: Ibnsina Pharma (-3.1%), Fawry (-2.1%) and Juhayna (-1.2%).
Government and public sector borrowing will remain the primary engine…
Plus: TotalEnergies and Nissan Egypt team up to manufacture oils,…
Plus: Exxon Mobil and Qatar Energy exit North Marakia, FRA…
My dream is for Disruptech to continue its scaling and…
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