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The EGX30 rose 1.9% at today’s close on turnover of EGP 2.0 bn (9.6% above the 90-day average). Local investors were net sellers. The index is up 15.8% YTD.
In the green: Oriental Weavers (+8.6%), Ezz Steel (+7.3%) and Qalaa Holdings (+6.2%).
In the red: Palm Hills Developments (-1.8%) and e-finance (-1.1%).
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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