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The EGX30 fell 0.1% at today’s close on turnover of EGP 3.1 bn (26.3% below the 90-day average). Local investors were the sole net buyers. The index is up 23.6% YTD.
In the green: Cleopatra Hospitals (+3.3%), Faisal Islamic Bank - USD (+1.9%), and ADIB (+1.8%).
In the red: Juhayna (-1.9%), TMG Holding (-1.8%), and Egypt Kuwait Holding - EGP (-1.2%).
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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