Release from Telecom Egypt (ETEL.CA) Concerning FTSE Russell Emerging Markets Index

Cairo Stock Exchange — Delta Sugar Jumps 15.6% Even as EGX 30 Slips 0.34%

Delta Sugar posted one of the session’s standout moves, rising 15.6% to 60.39 EGP on EGP 465.0 million in turnover, while the EGX 30 fell 0.34%. The move points to rotation into defensive consumer names in an increasingly selective market.

Telecom Egypt joins FTSE EM index as EGX 30 slips 0.34%

The EGX 30 closed down 0.34% at 55,164.8 points on Aug. 24. Telecom Egypt joined the FTSE Emerging Markets Index after its market capitalization rose to $3.9 billion, according to Kalkine Media. The company was also upgraded to the FTSE Russell Emerging Mid Cap segment, according to Egypt's State Information Service. Corporate flow on Aug. 23 was otherwise led by 10 company filings, including board resolutions, AGM notices and half-year results across the Egyptian market.

Creast Mark For Contracting And Real Estate Development (CRST.CA) - Decisions of the BoD Meeting