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The EGX30 rose 3.1% at today’s close on turnover of EGP 6.3 bn (3.4% below the 90-day average). Regional investors were the sole net sellers. The index is up 11.7% YTD.
In the green: Telecom Egypt (+7.5%), TMG Holding (+6.0%), and Ibnsina Pharma (+4.7%).
In the red: Qalaa Holdings (-2.0%), Egypt Aluminum (-0.8%), and Edita (-0.8%).
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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