Egyptian equities tumbled in May to their worst monthly performance since the beginning of 2019 as the market benchmark EGX 30 hovered around the 14,000 level during the month. Dried up by the Ramadan season, liquidity—added to margin calls—caused the crushing disappointment. Also, a stronger EGP in May helped pull stocks lower.
For more details, please read the full report below.

190602-A-Month-in-Brief-May-Bloodied-As-‘Sell-in-May-and-Go-Away’-Looms