What the markets are doing on 28 October

The EGX30 fell 1.6% at today’s close on turnover of EGP 6.6 bn (40.8% below the 90-day average). Local investors were the sole net buyers. The index is up 17.8% YTD.

In the green: AMOC (+2.3%), Mopco (+1.8%), and E-finance (+0.5%).

In the red: Telecom Egypt (-3.4%), Palm Hills Developments (-3.0%), and Valmore Holding- EGP (-3.0%).