Pre-Trading Thoughts

Egypt and Turkey officially agreed to restore diplomatic ties and reinstate ambassadors. EGX Head revealed that there are talks with a large number of private companies to list them on the stock exchange, in the petrochemical, energy, and tourism sectors. Trading treasury bills on the EGX for primary dealers should start in 3Q23, with plans to make it available for individual investors later next year. SKPC’s (FV: EGP22.8, OW) BoD approved the financial valuation reports sub...