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The EGX30 rose 2.7% at today’s close on turnover of EGP 1.62 bn (22.1% below the 90-day average). Foreign investors were net sellers. The index is up 5.0% YTD.
In the green: Sidi Kerir Petrochemicals (+9.5%), Ezz Steel (+8.4%) and Elsewedy Electric (+7.3%).
In the red: CIRA Education (-0.3%).
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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