3 Days
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بوابة الشروق
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Markets rebound after last week's losses
The Egyptian stock market saw a significant rebound this week, rising by 3.6% to recover from last week's losses of approximately 3.5%, following four consecutive sessions of decline. The main index, EGX 30, achieved remarkable gains, reaching 52,047.15 points. There are positive expectations that could lead to continued improvement in the market, especially after news that the U.S. and Iran have reached an agreement regarding the Strait of Hormuz and the ceasefire, with the final agreement expected to be signed in Switzerland on Friday.
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