EARNINGS WATCH-

Alexandria Containers and Goods saw its bottom line rise 25.1% y-o-y to EGP 1.27 mn in 9M 2021-2022, according to an EGX disclosure (pdf). Sales also increased during the period, rising 6.3% y-o-y to EGP 1.83 mn.

MARKET ROUNDUP-

The EGX30 rose 0.3% at today’s close on turnover of EGP 767 mn (13.1% below the 90-day average). Foreign investors were net sellers. The index is down 10.3% YTD.

In the green: Mopco (+7.0%), Rameda (+6.1%) and Cleopatra Hospitals (+3.8%).

In the red: MM Group (-2.5%), Madinet Nasr Housing (-1.8%) and EFG Hermes (-1.5%).

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