The EGX30 rose 0.4% at today’s close on turnover of EGP 5.2 bn (5.7% above the 90-day average). Local investors were the sole net buyers. The index is up 10.4% YTD.
In the green: Orascom Construction (+4.4%), Palm Hills Developments (+4.2%), and Orascom Development (+3.0%).
In the red: Telecom Egypt (-1.9%), Emaar Misr (-1.1%), and Abou Qir Fertilizers (-0.8%).