The EGX30 rose 0.3% at today’s close on turnover of EGP 647 mn (41.5% below the 90-day average). Foreign investors were net sellers. The index is down 3.8% YTD.

In the green: TMG Holding (+8.6%), Qalaa Holdings (+5.2%) and Madinet Nasr Holding (+4.0%).

In the red: CIRA (-3.6%), Fawry (-1.8%) and CIB (-1.0%).

MARKET NEWS- Who’s in and who’s out of the EGX30: E-Finance, Abu Dhabi Islamic Bank Egypt, Orascom Construction, and the Housing and Development Bank have all been included in the EGX30 after the the bourse finished its semi-annual review of indices today. Speed Medical, Egyptian for Tourism, Aspire Capital and Gadwa for Industrial Development were among the companies that were dropped from the index, according to a bourse statement (pdf).

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