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The EGX30 was unchanged at today’s close on turnover of EGP 5.1 bn (12.6% above the 90-day average). International investors were the sole net buyers. The index is up 25.7% YTD.
In the green: Arabian Cement (+20.0%), Misr Cement (+17.8%), and Qalaa Holdings (+10.4%).
In the red: CIB (-1.8%), Credit Agricole (-1.5%), and Oriental Weavers (-1.5%).
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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