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The EGX30 rose 0.4% at today’s close on turnover of EGP 5 bn (26% above the 90-day average). Foreign investors were the sole net sellers. The index is up 26.9% YTD.
In the green: Emaar Misr (+5.3%), Elsewedy Electric (+5.1%), and TMG Holding (+2.6%).
In the red: Cleopatra Hospital Company (-2.0%), Egyptian Kuwaiti Holding -EGP (-1.9%), and Juhayna Food Industries (-1.7%).
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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