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The EGX30 fell 1.2% at today’s close on turnover of EGP 2.3 bn (42.4% below the 90-day average). Local investors were the sole net buyers. The index is up 18.9% YTD.
In the green: GB Corp (+4.1%), Palm Hills Development (+3.2%), and Ezz Steel (+2.2%).
In the red: Beltone Holding (-3.4%), Eastern Company (-3.1%), and Elsewedy Electric (-2.4%).
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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