The EGX30 rose 0.8% at today’s close on turnover of EGP 4.2 bn (5.8% below the 90-day average). Local investors were the sole net buyers. The index is up 25.1% YTD.
In the green: ADIB (+4.1%), Misr Cement (+3.7%), and Egypt Aluminum (+2.2%).
In the red: Telecom Egypt (-1.6%), Ibnsina Pharma (-1.3%), and Rameda (-0.9%).