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The EGX30 rose 1.5% at today’s close on turnover of EGP 7.0 bn (38.3% below the 90-day average). Local investors were the sole net buyers. The index is up 25.0% YTD.
In the green: Eastern Company (+5.5%), Abu Qir Fertilizers (+4.0%), and Beltone Holding (+2.6%).
In the red: Egypt Aluminum (-3.5%), Orascom Development (-2.6%), and Qalaa Holdings (-2.1%).
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
The contracts and the resources are proven, so the open…
Small- and mid-cap indices widened their lead over the benchmark…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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