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The EGX30 rose 1.0% at today’s close on turnover of EGP 16.1 bn (43.8% above the 90-day average). Regional investors were the sole net sellers. The index is up 32.5% YTD.
In the green: Abu Qir Fertilizers (+8.8%), AMOC (+8.2%), and Emaar Misr (+5.4%).
In the red: Orascom Construction (-4.3%), ADIB (-2.5%), and GB Corp (-2.4%).
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
The contracts and the resources are proven, so the open…
Fund managers are releasing liquidity for ongoing and future IPOs,…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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