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The EGX30 was almost flat at today’s close on turnover of EGP 3.6 bn (7.4% below the 90-day average). Regional investors were the sole net sellers. The index is up 22.5% YTD.
In the green: Eastern Company (+4.5%), Egypt Kuwait Holding - EGP (+3.6%), and Egypt Kuwait Holding - USD (+1.4%).
In the red: Ezz Steel (-3.5%), AMOC (-3.4%), and Elsewedy Electric (-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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