The EGX30 fell 0.8% at today’s close on turnover of EGP 8.8 bn (23.5% below the 90-day average). Local investors were the sole net sellers. The index is up 24.1% YTD.
In the green: Emaar Misr (+10.2%), Beltone Holding (+3.7%), and Palm Hills Developments (+2.0%).
In the red: Abu Qir Fertilizers (-3.2%), Orascom Development (-3.1%), and Qalaa Holdings (-2.5%).