EGX Correction Broadens as Foreign Institutions Build Debt Exposure

CAIRO — The Egyptian Exchange ended the week lower on Thursday, but the anatomy of the correction changed: losses intensified across smaller stocks even as pressure on the EGX30 eased, while foreign institutions maintained substantially stronger demand for Egyptian sovereign debt than for listed equities. The EGX30 fell 0.83% to 53,776.69 points, completing five consecutive […]

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