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The EGX30 rose 0.3% at today’s close on turnover of EGP 5.1 bn (14.0% above the 90-day average). Regional investors were the sole net sellers. The index is up 23.6% YTD.
In the green: Ibnsina Pharma (+2.8%), Qalaa Holdings (+2.4%), and Rameda (+2.4%).
In the red: Misr Cement (-1.5%), Eastern Company (-1.4%), and Oriental Weavers (-0.9%).
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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