EGX30 Slips as Broader Market Firms, Debt Outflows Pressure Pound

Egyptian equities delivered a second session of underlying stabilisation on Wednesday even as the benchmark slipped, with smaller stocks advancing and market capitalisation rising. The more important pressure remained outside equities: foreign investors returned to selling Treasury bills, while the pound weakened further beyond EGP52 to the dollar. The EGX30 edged down 0.16% to 54,822.66 […]

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