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What the markets are doing on 13 April, 2023
The EGX30 rose 5.6% at today’s close on turnover of EGP 1.7 bn. Local investors were net sellers. The index…
US inflation cooled in March — but don’t expect an end to rate hikes
Don’t expect interest rate hikes to end soon
Foreign press speculates about a fourth deval
Bloomberg says markets are pricing in a fourth EGP devaluation
What the markets are doing on 12 April, 2023
MARKET NEWS- QNB Alahli net income doubles in 1Q 2023: QNB Alahli’s net income more than doubled y-o-y to EGP…
Traders rush into long oil positions after OPEC+ cut
Net-long wagers on Brent crude see near-record increase
EFG Hermes exits Oman
The company also plans to leave Jordan and Pakistan
What the markets are doing on 11 April, 2023
MARKET NEWS- Rameda Pharma will distribute EGP 127.9 mn worth of bonus shares at EGP 0.5073 per share, according to…
1Q 2023 could be the worst quarter for US earnings since pandemic
The banking sector may come out surprisingly unscathed
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