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The EGX30 rose marginally at today’s close on turnover of EGP 4.4 bn (0.4% below the 90-day average). Local investors were the sole net buyers. The index is up 18.2% YTD.
In the green: Palm Hills Development (+3.8%), EFG Holding (+1.9%), and Orascom Development (+1.8%).
In the red: Rameda (-1.7%), CIB (-1.6%), and Credit Agricole (-0.8%).
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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