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The EGX30 plunged 4.6% at today’s close on turnover of EGP 4.1 bn (14.3% below the 90-day average). Foreign investors were the sole net sellers. The index is up 4.3% YTD.
In the red: EFG Holding (-12.4%), Orascom Development Egypt (-11.1%), and GB Corp (-9.4%).
LCs continue to be processed — albeit after closer inspection…
The rollout includes 3- and 6-month future contracts tracking the…
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on…
💸 Eid traditions in Egypt (and the region) have held…
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