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The EGX30 rose 0.6% at today’s close on turnover of EGP 1.2 bn (22.6% below the 90-day average). Local investors were net buyers. The index is up 22% YTD.
In the green: AMOC (+3.8%), Ibnsina Pharma (+3.4%) and Talaat Moustafa Holding (+3.1%).
In the red: Palm Hills Development (-0.5%), GB Auto (-0.2%) and CIB (-0.2%).
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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