What the markets are doing on 3 November

The EGX30 rose 1.8% at today’s close on turnover of EGP 7.5 bn (32.6% below the 90-day average). International investors were the sole net buyers. The index is up 17.8% YTD.

In the green: Orascom Development (+6.8%), Palm Hills Developments (+6.8%), and Eastern Company (+6.1%).

In the red: Abu Qir Fertilizers (-3.6%), Mopco (-3.0%), and Valmore Holding -EGP (-2.5%).