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The EGX30 rose 2.7% at today’s close on turnover of EGP 3.1 bn (33.9 % below the 90-day average). Local investors were the sole net buyers. The index is up 4.4% YTD.
In the green: EFG Holding (+6.6%), Beltone Holding (+6.3%), and Fawry (+5.9%).
In the red: Edita (-0.6%), and Emaar Misr (-0.3%).
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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