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The EGX30 rose 0.1% at today’s close on turnover of EGP 5.6 bn (39.4% above the 90-day average). Regional investors were net sellers. The index is up 17.7% YTD.
In the green: Palm Hills Development (+5.7%), Eastern Company (+3.8%) and Abu Qir Fertilizers (+2.3%).
In the red: Heliopolis Housing (-3.0%), Delta Sugar (-2.8%) and Orascom Development Egypt (-2.8%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
Newly listed companies will receive a 30% reduction on payable…
💸 Eid traditions in Egypt (and the region) have held…
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