The EGX30 rose 0.5% at today’s close on turnover of EGP 3.8 bn (28.1% below the 90-day average). Local investors were the sole net buyers. The index is up 20.4% YTD.
In the green: Misr Cement (+9.0%), Eastern Company (+3.7%), and Egypt Kuwait Holding -EGP (+2.7%).
In the red: Orascom Development (-1.5%), ADIB (-1.5%), and Arabian Cement (-1.3%).