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The EGX30 rose 0.4% at today’s close on turnover of EGP 3.5 bn (18.0% below the 90-day average). International investors were the sole net sellers. The index is up 26.1% YTD.
In the green: Faisal Islamic Bank - EGP (+10.2%), Juhayna (+3.2%), and Madinet Masr (+1.7%).
In the red: Ezz Steel (-4.0%), Eastern Company (-1.8%), and GB Corp (-1.5%).
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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