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The EGX30 rose 0.8 % at today’s close on turnover of EGP 4.4 bn (1.4% below the 90-day average). Regional investors were the sole net sellers. The index is up 25.7% YTD.
In the green: TMG Holdings (+2.8%), Orascom Construction (+2.3%), and EFG Holdings (+2.1%).
In the red: Palm Hills Development (-1.2%), E-finance (-1.2%), and Raya Holdings (-1.0%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
Newly listed companies will receive a 30% reduction on payable…
💸 Eid traditions in Egypt (and the region) have held…
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