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The EGX30 fell 1.4% at today’s close on turnover of EGP 4.7 bn (12.2% below the 90-day average). Local investors were the sole net buyers. The index is up 2.9% YTD.
In the green: E-finance (+3.7%), Valmore Holding- USD (+0.9%), and Palm Hills Developments (+0.5%).
In the red: Beltone Holding (-4.1%), Misr Cement (-4.0%), and Juhayna (-3.7%).
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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