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The EGX30 rose 0.3% at today’s close on turnover of EGP 3.4 bn (6.9% below the 90-day average). Local investors were the sole net buyers. The index is up 4.3% YTD.
In the green: Juhayna (+5.9%), GB Corp (+4.0%), and EgyptAlum (+3.4%).
In the red: Egypt Kuwait Holding (-2.6%), Palm Hills Development (-1.7%), and Oriental Weavers (-1.2%).
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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