EGX Correction Deepens as Offshore Debt Inflows Continue

CAIRO — The Egyptian Exchange’s correction accelerated on Wednesday, but the stronger signal came outside equities: foreign and Arab investors continued buying Egyptian government debt even as they sold listed shares, suggesting pressure remains concentrated in equities rather than reflecting a broad retreat from Egyptian assets. The EGX30 fell 1.29% to 54,224.93 points on Sept. […]

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