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The EGX30 rose 2.44% at today’s close on turnover of EGP 2.9 bn (34.6% below the 90-day average). Local investors were net sellers. The index is up 8.7% YTD.
In the green: Alexandria Containers and Cargo Handling (+10.0%), Telecom Egypt (+8.1%), and EFG Holding (+6.3%).
In the red: Edita (-0.1%).
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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