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The EGX30 fell 0.1% at today’s close on turnover of EGP 18.6 bn (84.1% above the 90-day average). International investors were the sole net sellers. The index is up 31.1% YTD.
In the green: Arabian Cement (+20.0%), Misr Cement (+20.0%), and Egypt Aluminum (+8.9%).
In the red: Rameda (-4.2%), Ibnsina Pharma (-3.8%), and Fawry (-2.0%).
International lenders say more tax could tip the balance as…
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