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The EGX30 fell 0.8% at today’s close on turnover of EGP 3.6 bn (30.1% below the 90-day average). International investors were the sole net buyers. The index is up/down 19.6% YTD.
In the green: Arabian Cement (+4.7%), GB Corp (+1.9%), and Orascom Development (+1.4%).
In the red: Qalaa Holdings (-2.8%), Beltone Holding (-2.6%), and Madinet Masr (-1.6%).
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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