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Egypt’s bourse rallied to a fresh three-week high yesterday as foreign investors bought into risk but Egyptians were net sellers after a vote tally showed a narrow favour for a constitution shaped by Islamists.
Cairo’s benchmark index rose 2.7% to its highest close since November 22. All stocks, except two, gained on the bourse.
In Saudi Arabia, the bourse climbed 0.4% to its highest close since November 11.
Dubai’s index shed 0.5%, trimming year-to-date gains to 16.6%.
Abu Dhabi’s index ticked up 0.07% to 2,614 points.
Elsewhere, Kuwait’s index gained 0.1% to 5,938 points; Oman’s index slipped 0.2% to 5,636 points, while Bahrain’s index eased 0.03% to 1,046 points.
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