EGX Ends Higher as Foreign Equity Demand Offsets Debt-Market Pressure

Foreign investors returned as net buyers of Egyptian equities on Thursday, helping the Egyptian Exchange end the week higher despite continued selling pressure in the country’s local government-debt market. The divergence pointed to increasingly selective international positioning towards Egyptian assets, with investors distinguishing between company-specific earnings prospects and the currency, interest-rate and geopolitical risks attached [...] The post EGX Ends Higher as Foreign Equity Demand Offsets Debt-Market Pressure appeared first on The Middle East Observer .