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The EGX30 fell 0.4% at today’s close on turnover of EGP 3.3 bn (5.2% below the 90-day average). Regional investors were the sole net sellers. The index is up 7% YTD.
In the green: E-finance (+2.8%), Orascom Construction (+1.4%), and Eipico (+0.9%).
In the red: Emaar Misr (-2.8%), Palm Hills Developments (-2.8%), and Abu Qir Fertilizers (-2.2%).
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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