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The EGX30 rose 0.4% at today’s close on turnover of EGP 16.4 bn (60.0% above the 90-day average). Local investors were the sole net buyers. The index is up 31.6% YTD.
In the green: Misr Cement (+6.5%), Valmore Holding -USD (+4.7%), and Orascom Investment Holding (+4.1%).
In the red: Ibnsina Pharma (-2.5%), Heliopolis Housing (-2.3%), and Rameda (-2.3%).
International lenders say more tax could tip the balance as…
The asset manager and blockchain builder Tarmiiz have entered the…
The diagnosis lands in a year when UAE and Saudi…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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