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The EGX30 rose 1.1% at today’s close on turnover of EGP 3.7 bn (10.3% below the 90-day average). Local investors were the sole net sellers. The index is up 21.6% YTD.
In the green: Elsewedy Electric (+4.4%), Oriental Weavers (+3.8%), and Cleopatra Hospitals (+3.0%).
In the red: ADIB (-3.0%), EFG Holding (-0.8%), and Heliopolis Housing (-0.7%).
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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