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The EGX30 fell 0.6% at today’s close on turnover of EGP 3.3 bn (22.2% below the 90-day average). Regional investors were the sole net buyers. The index is up 13.6% YTD.
In the green: Beltone Holding (+4.1%), Oriental Weavers (+2.4%), and Egypt Kuwait Holding (+1.7%).
In the red: Ezz Steel (-5.1%), GB Corp (-4.0%), and E-finance (-2.9%).
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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