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The EGX30 rose 0.9% at today’s close on turnover of EGP 4.5 bn (17.8% below the 90-day average). Local investors were the sole net buyers. The index is up 39.9% YTD.
In the green: Misr Cement (+9.1%), Qalaa Holdings (+3.6%), and E-finance (+3.3%).
In the red: Beltone Holding (-1.4%), Abu Qir Fertilizers (-0.6%), and ADIB (-0.6%).
Last summer, HSBC paid the CBE a EGP 1.4 bn…
Medium-term loans rose more than 1k% to EGP 22.6 bn…
The region recorded 40 IPOs during the year, down from…
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman…
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