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The EGX30 fell 0.3% at today’s close on turnover of EGP 5.1 bn (14.2% above the 90-day average). Regional investors were the sole net sellers. The index is up 24.7% YTD.
In the green: Orascom Construction (+4.2%), Emaar Misr (+1.3%), and Fawry (+1.2%).
In the red: Qalaa Holdings (-2.4%), Beltone Holding (-1.6%), and TMG Holding (-1.4%).
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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