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Egyptian Shares Gain in Best Start to Year Since 2014: Inside EM

  • Eastern Tobacco climbs as much as 5.6 percent in Cairo
  • Kuwait’s main stock gauge increases as much as 0.9 percent
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Egyptian stocks climbed on Sunday, extending the main index’s best start to a year since 2014.

The EGX30 Index, already one of the world’s top performers so far this year, climbed as much as 0.9 percent before ending 0.1 percent higher, led by an advance in Commercial International Bank Egypt, which accounts for more than a third of the gauge. Eastern Tobacco jumped as much as 5.6 percent after Chemical Industries Holding Co. said it would sell part of its stake in the company.