Release from Rakta Paper Manufacturing (RAKT.CA) Concerning an Auction

EGX 30 rises 1.33% as Elsewedy and OCI’s EUR4.10 offer drive focus

The EGX 30 closed up 1.3294% at 50,488.0 on June 30, after a 1.03% drop flagged on June 29, according to market data and analyst coverage. Elsewedy Electric launched a new generator range aimed at Egypt’s industrial expansion, while the group was also linked to $200 million of circular-economy projects, according to Billionaires.Africa and intlbm. OCI N.V. confirmed it had received an unsolicited voluntary cash offer from NNS at EUR4.10 per share, according to TradingView. EFG Hermes also completed advisory work on Premium’s EGP239 million securitized bond issuance, while Sustainable Capital Africa Alpha Fund’s stake in Orascom Construction fell to 14.98%, according to TradingView.

البورصة المصرية: سهم IRON يقفز 5.0% وEGTS يرتفع 4.9% بينما تراجع مؤشر EGX 30 بنسبة 1.03%

شهدت البورصة المصرية تبايناً في الأداء خلال جلسة 29 يونيو 2026، حيث تراجع المؤشر الرئيسي EGX 30 بنسبة 1.03% متأثراً بضغط الأسهم القيادية، بينما اتجه المستثمرون نحو أسهم الشركات الصناعية والسياحية التي حققت مكاسب ملحوظة.

EGX 30 falls 1.03% as Elsewedy unveils $200 million in projects

The EGX 30 closed down 1.03% at 49,825.6 points on June 29, with trading framed by a string of corporate announcements. Elsewedy Electric launched 3 strategic industrial projects worth $200 million, according to ZAWYA, with intlbm on June 25 highlighting the same $200 million push through a circular-economy angle. OCI N.V. said on June 24 it had received an unsolicited voluntary cash offer from NNS at EUR 4.10 per share, according to TradingView. Orascom Construction’s stake held by Sustainable Capital Africa Alpha Fund fell to 14.98% on June 26, while EFG Hermes completed advisory work on Premium’s EGP 239 million securitized bond issuance, ZAWYA reported via TradingView.