The EGX30 rose 1.9% at today’s close on turnover of EGP 6.1 bn (8.3% below the 90-day average). Local investors were the sole net sellers. The index is up 13.0% YTD.
In the green: Egypt Aluminum (+7.4%), Orascom Construction (+6.0%), and Telecom Egypt (+5.3%).
In the red: Heliopolis Housing (-1.2%), Abu Qir Fertilizers (-0.9%), and Valmore Holding -EGP (-0.8%).