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The EGX30 fell 0.7% at today’s close on turnover of EGP 2.8 bn (33.9% below the 90-day average). Egyptian investors were net buyers. The index is up 25.5% YTD.
In the green: Juhayna (+3.4%), Faisal Islamic Bank -EGP (+2.0%) and GB Corp (+1.8%).
In the red: Telecom Egypt (-2.6%), Edita (-2.4%) and Emaar Misr (-2.4%).
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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