Pre-Trading Thoughts

*Key news articles for today* EMFD, BINV, CIEB, CLHO, and FAIT have been added to the EGX30 following the bourse’s semiannual review, according to a statement. CCAP, ISPH, ORHD, SUGR, and PHAR were removed from the index to join the broader EGX70 index, effective 1 August. Meanwhile, RMDA and EFIC both joined the bourse’s new shariah-compliant index — the EGX33, replacing FWRY and MFPC. The recently approved USD820 mn tranche from the IMF should arrive in the “coming days,” Finance Mini...