What the markets are doing on 26 October

The EGX30 fell 1.7% at today’s close on turnover of EGP 8.9 bn (21.2% below the 90-day average). Local investors were the sole net buyers. The index is up 15.8% YTD.

In the green: Ibnsina Pharma (+4.6%), Edita (+4.1%), and Juhayna (+3.9%).

In the red: Telecom Egypt (-5.7%), Mopco (-5.5%), and Orascom Construction (-5.2%).