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The EGX30 rose 0.1% at today’s close on turnover of EGP 1.74 bn (13.1% above the 90-day average). Foreign investors were net sellers. The index is up 21.7% YTD.
In the green: Juhayna (+7.8%), CIB (+2.0%) and Mopco (+1.9%).
In the red: Ibnsina Pharma (-3.3%), Ezz Steel (-3.1%) and Oriental Weavers (-3.1%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
PE and VC-backed companies were already pivoting to local exchanges…
Telda claims users can sell a position and immediately spend…
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