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The EGX30 rose 0.5% at today’s close on turnover of EGP 4.0 bn (10.0% below the 90-day average). Regional investors were the sole net sellers. The index is up 7.7% YTD.
In the green: Rameda (+4.7%), Emaar Misr (+4.0%), and EFG Holding (+2.2%).
In the red: Oriental Weavers (-4.5%), Egypt Kuwait Holding-EGP (-1.1%), and Egypt Alum (-0.9%).
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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