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Anticipation of Fed Meeting Keeps Egyptian Exchange Trading Range-Bound
Egypt and global economy brief

Anticipation of Fed Meeting Keeps Egyptian Exchange Trading Range-Bound

Al Borsa
✦Key takeaways
  • Caution ahead of the US Federal Reserve’s interest-rate decision is expected to keep Egyptian stock-market indices moving sideways in coming sessions.
  • The EGX30 rose 0.02% last week to close at 56,280 points.
  • The benchmark remains near historically high levels.
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