Egyptian equities retreated on Wednesday, July 8, as investors took profits after a strong rally, while renewed regional tension weighed on risk appetite. The benchmark EGX30 fell 1.84% to 52,028.37 points, after opening at 53,006.11 points and touching an intraday low of 51,820.41 points, according to EGX index data. The broader market also weakened. The [...] The post Foreign Buying Absorbs EGX Profit-Taking Amid Reform Momentum appeared first on The Middle East Observer .
