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The EGX30 rose 1.0% at today’s close on turnover of EGP 4.2 bn (17.1% below the 90-day average). Local investors were the sole net buyers. The index is up 15.0% YTD.
In the green: GB Corp (+4.9%), Beltone Holding (+4.7%), and Rameda (+4.2%).
In the red: Edita (-2.0%), Abou Qir Fertilizers (-0.6%), and Orascom Construction (-0.3%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
Issuers are likely to wait until markets allow them to…
Telda claims users can sell a position and immediately spend…
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