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The EGX30 rose 0.4% at today’s close on turnover of EGP 5.2 bn (11.7% above the 90-day average). Regional investors were the sole net sellers. The index is up 28.8% YTD.
In the green: Eastern Company (+4.3%), Qalaa Holdings (+2.5%), and Egypt Aluminum (+1.3%).
In the red: Emaar Misr (-2.1%), GB Corp (-2.0%), and Egypt Kuwait Holding -EGP (-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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