EGX Falls as Stamp-Duty Approval Tests Market Liquidity

Foreign and Arab investors remain buyers, but large-cap weakness pulls benchmark below 52,000 points Cairo — Egyptian equities fell sharply on Tuesday as parliament’s approval of amendments to the stamp-duty regime added a new test for market liquidity, pushing the benchmark EGX30 below the 52,000-point level for the first time in several weeks despite continued […] The post EGX Falls as Stamp-Duty Approval Tests Market Liquidity appeared first on The Middle East Observer.