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The EGX30 rose 0.3% at today’s close on turnover of EGP 1.1 bn (49.4% below the 90-day average). Regional investors were net buyers. The index is up 33.0% YTD.
In the green: Juhayna (+7.7%), Telecom Egypt (+2.2%) and CIRA Education (+1.8%).
In the red: Orascom Development (-2.6%), Abu Qir Fertilizers (-2.1%) and Alexandria Containers and Goods (-2.0%).
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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