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The EGX30 rose 0.4% at today’s close on turnover of EGP 7.3 bn (36.0% below the 90-day average). Local investors were the sole net buyers. The index is up 23.1% YTD.
In the green: ADIB (+5.1%), Orascom Construction (+3.0%), and Orascom Development (+2.1%).
In the red: Cleopatra Hospital Company (-1.4%), Telecom Egypt (-1.2%), and Fawry (-1.2%).
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
The contracts and the resources are proven, so the open…
Small- and mid-cap indices widened their lead over the benchmark…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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