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The EGX30 rose 0.6% at today’s close on turnover of EGP 8.0 bn (12.2% above the 90-day average). Local investors were the sole net buyers. The index is up 26.0% YTD.
In the green: Emaar Misr (+3.5%), Orascom Construction (+2.7%), and EFG Holding (+2.5%).
In the red: Valmore Holding -EGP (-7.0%), Valmore Holding -USD (-5.4%), and Juhayna (-3.0%).
NBE and BM both hiked rates on CDs by 125…
Plus: Incolease taps securitization market with debut EGP 2 bn…
The company turned a profit last year, allowing it to…
The startup is backed by our friends at EFG Hermes,…
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