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The EGX30 rose 3.9% at today’s close on turnover of EGP 8.8 bn (113.5% above the 90-day average). Local investors were net buyers. The index is up 16.2% YTD.
In the green: E-finance (+18.3%), Fawry (+17.2%) and GB Corporation (+16.5%).
In the red: Edita Food Industries (-5.1%), Delta Sugar (-3.8%) and SIDPEC (-3.4%).
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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