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The EGX30 fell 0.4% at today’s close on turnover of EGP 3.7 bn (12.4% below the 90-day average). International investors were the sole net buyers. The index is up 21.6% YTD.
In the green: Ezz Steel (+2.8%), TMG Holding (+2.4%) and Abu Dhabi Islamic Bank (+0.6%).
In the red: Faisal Islamic Bank -EGP (-5.7%), EFG Holding (-2.7%) and Juhayna (-2.2%).
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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