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The EGX30 fell 1.6% at today’s close on turnover of EGP 4.7 bn (28.6% below the 90-day average). Local investors were the sole net buyers. The index is up 8.0% YTD.
In the green: Orascom Investment (+0.8%), Abu Qir Fertilizers (+0.8%), and Eastern Company (+0.3%).
In the red: Palm Hills Developments (-4.7%), Rameda (-4.0%), and Arabian Cement (-3.8%).
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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