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The EGX30 fell 0.5% at today’s close on turnover of EGP 2.4 bn (42% below the 90-day average). Regional investors were the sole net sellers. The index is up 20.4% YTD.
In the green: EFG Holding (+2.1%), Oriental Weavers (+0.8%) and Beltone Holding (+0.8%).
In the red: Elsewedy Electric (-2.1%), Sidpec (-1.7%) and Ezz Steel (-1.4%).
The maturing USD 2 bn deposit is expected to be…
Plus: Incolease taps securitization market with debut EGP 2 bn…
The EGP gained around 2.5% on the greenback by the…
Plus: Lucky lands USD 23 mn in Series B round,…
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