The EGX30 rose 3.4% at today’s close on turnover of EGP 8.6 bn (31.8% above the 90-day average). Local investors were the sole net buyers. The index is up 13.8% YTD.
In the green: CIB (+8.5%), Arabian Cement (+3.5%), and EFG Holding (+3.3%).
In the red: Eastern Company (-3.8%), AMOC (-2.6%), and Kima (-2.3%).