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The EGX30 rose 1.2% at today’s close on turnover of EGP 7.2 bn (34.7% above the 90-day average). Local investors were the sole net sellers. The index is up 3.8% YTD.
In the green: CIB (+6.1%), GB Corp (+4.0%), and Mopco (+2.5%).
In the red: Egypt Aluminum (-3.7%), EFG Holding (-2.7%), and Telecom Egypt (-2.6%).
Last summer, HSBC paid the CBE a EGP 1.4 bn…
Medium-term loans rose more than 1k% to EGP 22.6 bn…
The region recorded 40 IPOs during the year, down from…
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman…
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