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The EGX30 fell 0.8% at today’s close on turnover of EGP 9.0 bn (39.1% above the 90-day average). Local investors were the sole net buyers. The index is up 11.0% YTD.
In the green: AMOC (+5.7%), Heliopolis Housing (+5.4%), and Orascom Development (+3.4%).
In the red: E-finance (-5.9%), Egypt Aluminum (-5.9%), and Ibnsina Pharma (-4.8%).
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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