The EGX30 rose 1.4% at today’s close on turnover of EGP 12.3 bn (81.3% above the 90-day average). Local investors were the sole net sellers. The index is up 23.0% YTD.
In the green: Orascom Investment Holding (+9.0%), Eastern Company (+4.9%), and Palm Hills Developments (+4.7%).
In the red: Arabian Cement (-1.5%), Raya Holding (-1.1%), and AMOC (-1.1%).