Pre-Trading Thoughts 29/9/2021
-Global markets under pressure; Yield on US 10-year treasuries high; Expectations for higher rates move investors out of equities -MPs will draft a new legislation aiming to postpone capital gains tax on EGX transactions -Italy allows travel to Sharm El Sheikh and Marsa Alam without quarantine on return -PIOH to split stock into three as of October 11 -Asmak to raise stake in PORT to 25-33%; Might trigger an MTO -HRHO to apply for startups and SME financing license -Drive (AUTO) signs f...
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