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The EGX30 rose 0.3% at today’s close on turnover of EGP 8.6 bn (58.7% above the 90-day average). Regional investors were the sole net buyers. The index is up 10.1% YTD.
In the green: Abu Qir Fertilizers (+3.6%), Arabian Cement (+3.1%), and Palm Hills Developments (+2.8%).
In the red: Orascom Construction (-2.8%), Egypt Aluminum (-2.1%), and Beltone Holding (-1.6%).
LCs continue to be processed — albeit after closer inspection…
The rollout includes 3- and 6-month future contracts tracking the…
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on…
💸 Eid traditions in Egypt (and the region) have held…
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