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What the markets are doing on 29 October
The EGX30 rose 0.6% at today’s close on turnover of EGP 7.5 bn (32.8% below the 90-day average). Local investors…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index, and gold products
Banque du Caire’s retail book closed 27x covered, days before trading
Good morning, friends, and happy almost-weekend. We’ve all been wondering lately: where does the money go from here? Today’s issue…
What the markets are doing on 28 October
The EGX30 fell 1.6% at today’s close on turnover of EGP 6.6 bn (40.8% below the 90-day average). Local investors…
Retail investors pile into Banque du Caire IPO
Here are the stories driving the day both at home and abroad. Banque du Caire’s (BdC) retail book closed 27x…
MNT-Halan’s parent completes its EGP 4 bn injection into the Egyptian arm
Good morning, lovely people. The theme in today’s issue is money that isn’t where it needs to be: containers are…
What the markets are doing on 27 October
The EGX30 rose 3.5% at today’s close on turnover of EGP 8.2 bn (27.1% below the 90-day average). International investors…
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100 mn each, with BdC committing to tighter governance and enough…
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