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The EGX30 fell 0.7% at today’s close on turnover of EGP 2.39 bn (57.9% above the 90-day average). International investors were net sellers. The index is up 23.3% YTD.
In the green: Qalaa Holdings (+10.7%), Alexandria Containers and Cargo Handling (+9.2%) and Ezz Steel (+7.8%).
In the red: Egypt Kuwait Holding - EGP (-4.6%), CIB (-3.7%) and Juhayna (-3.0%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
PE and VC-backed companies were already pivoting to local exchanges…
Telda claims users can sell a position and immediately spend…
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