EGX 30 jumps 2.68% as Talaat Moustafa posts EGP 170 bln in sales
The EGX 30 closed up 2.6829% at 52,502.7 on July 6, extending a 1.18% gain on July 5, according to market data and a Cairo bourse report. Talaat Moustafa Group said second-quarter sales rose 28% to EGP 170 billion, according to Dailynewsegypt. Elsewedy Electric launched a new generator range on June 29 to support industrial growth, according to ZAWYA and Billionaires.Africa. Sustainable Capital Africa Alpha Fund cut its stake in Orascom Construction on June 29, ZAWYA reported.
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