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Index Funds reports 39M pounds profit H1 2026
Index funds, especially the EGX 30 ETF, achieved significant growth in their profits during the first half of 2026, with net profits reaching approximately 39.05 million Egyptian pounds, an increase of 30.02 million pounds, representing a growth rate of 332.2% compared to the same period in 2025. This growth was driven by a rise in the fair value change of financial investments, which increased by nearly 384.7%. Additionally, the fund's revenues rose to about 40.45 million pounds, a 324.1% increase, while expenses saw an increase of 178.5%. Strong investment performance led to the unit’s share of net profit rising to 7.02 pounds from 3.66 pounds in the previous year.
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