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The EGX30 rose 0.8% at today’s close on turnover of EGP 4.3 bn (17.2% below the 90-day average). International investors were the sole net buyers. The index is up 21.4% YTD.
In the green: Orascom Development Egypt (+5.4%), Misr Cement (+4.3%), and EFG Holding (+3.5%).
In the red: Juhayna (-1.0%), Eastern Company (-0.6%), and Egypt Kuwait Holding-EGP (-0.4%).
LCs continue to be processed — albeit after closer inspection…
The rollout includes 3- and 6-month future contracts tracking the…
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on…
💸 Eid traditions in Egypt (and the region) have held…
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