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Heavy session sends EGX30 down to 54,796 points
Egypt and global economy brief

Heavy session sends EGX30 down to 54,796 points

✦Key takeaways
  • Egypt’s EGX30 index fell 1.56% on Monday to close at 54,796 points amid heavy selling pressure on blue-chip shares.
  • EGX70 declined 2.67% to close at 20,625 points.
  • The market is testing the index’s ability to hold above new support levels after the recent rally shifted into a correction.
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