What the markets are doing on 17 May, 2023

The EGX30 fell 1.1% at today’s close on turnover of EGP 1.92 bn. Foreign investors were net sellers. The index is up 15.4% YTD.

In the green: Taalem Management Services (+2.1%), Orascom Construction (+1.3%) and Telecom Egypt (+1.2%).

In the red: Oriental Weavers (-6.8%), Sidi Kerir Petrochemicals (-6.8%) and Ezz Steel (-5.2%).