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The EGX30 rose 0.9% at today’s close on turnover of EGP 3.84 bn. Foreign investors were net sellers. The index is up 22.4% YTD.
In the green: Mopco (+20.0%), GB Corp (+6.4%) and Telecom Egypt (+4.7%).
In the red: TMG Holding (-2.1%), Egypt Kuwait Holding (-2.0%) and Madinet Masr (-1.9%).
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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