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The EGX30 rose 0.3% at today’s close on turnover of EGP 4.9 bn (5.1% above the 90-day average). International investors were the sole net buyers. The index is up 9.3% YTD.
In the green: Madinet Masr (+3.3%), Egypt Kuwait Holding- EGP (+2.1%), and TMG Holding (+2.0%).
In the red: Telecom Egypt (-2.4%), Beltone Holding (-2.0%), and GB Corp (-2.0%).
The maturing USD 2 bn deposit is expected to be…
Plus: Incolease taps securitization market with debut EGP 2 bn…
The EGP gained around 2.5% on the greenback by the…
Plus: Lucky lands USD 23 mn in Series B round,…
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