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The EGX30 rose 0.7% at today’s close on turnover of EGP 3.0 bn (35.3% above the 90-day average). Local investors were net buyers. The index is up 4.8% YTD.
In the green: GB Corp (+8.8%), E-finance (+5.1%), and Palm Hills Development (+4.3%).
In the red: Heliopolis Housing (-11.0%), Abu Qir Fertilizers (-4.0%), and Eastern Company (-3.3%).
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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