Latest in Stock Market Highlight
Latest in Stock Market
Stocks account for 42.62% of total value traded on main market, remaining 57.38% captured by bonds over last week
Mubasher Capital activates custodian services, gets close to acquiring company for investment funds
Current trading rates indicate Egyptian stock market’s readiness to receive new IPOs, says Mohamed Farid
Authority prohibits margin trading, short selling for this age group
EGX30 closes at 11,380.55 points, recording decline of 1.44% last week
Company plans to put Basata on EGX in 2022 after transferring non-banking services under its umbrella
EGX30 closed at 11,546.32 points, recording decline of 0.45% last week
Work underway to complete technological infrastructure and trading systems, whilst introducing new financial mechanisms, products, says Mohamed Farid
Juhayna for Food Industries (JUFO) has announced that its CEO and Vice-Chairperson Seif El-Din Thabet has been detained for questioning relating to the charges and ongoing investigations against the company’s former Chairperson Safwan Ahmed Thabet.
Mubasher Capital aims to reach investments of EGP 1bn under new platform, DU Invest, by 2021 end
US stocks tumbled on Friday as retail trading frenzy rattled investors. The Dow Jones Industrial Average plunged 2.03%, to 29,982.62, the first time the 30-stock gauge has closed below the 30,000 mark since December 14.
Company planning to add 40 CNG stations this year as part of expansion
EGX30 closed at 11,654.58 points, an increase of 1.76% during last week
Total of 4 insurance companies have applied for property insurance licence, said FRA Vice-President
Taaleem reports EBITDA of over 50% in FY 2019/20
Du to be available via several electronic platforms with investments of EGP 360m
Egypt’s stock market tests resistance level at 11,500 points during high trading
Market capitalisation increases by about EGP 9.3bn to EGP 660.2bn during last week
Pioneers Securities aims to open new branch in Fifth Settlement during H1 of 2021, says Managing Director
Blue-chip EGX30 index rose 1.22% to record 10867.76 points, while the small- and mid-cap EGX70 EWI advanced by 2.33% to end trading at 2131.17 points
Proposed merger deal values both entities almost equally
B Investments Holding has signed a contract to sell 20% of its stake in Total Egypt to Total France, for EGP 146.4m.
Benchmark EGX30 falls by 1.5%, to close at 10,683 points last week
The 225-issue Nikkei Stock Average gained 143.56 points, or 0.54 percent, from Wednesday to close the day at 26,668.35.
Egyptian Exchange was affected by global markets panic, traders should adopt wait-and-see approach until market stabilises: El-Maraghy
MM Group announced that it will contribute to increasing the capital of Ibtikar Holding Company for Financial Investments by EGP 150m
Market is currently witnessing fluctuation, particularly off back of anticipated results of yet-to-be-confirmed US presidential elections
CIB price falls by 10%, but purchases by local portfolios and funds offset stock’s value loss to 6.9%
Slight selling pressure is projected at beginning of Sunday session
Expectations for sideways trend to continue between 11,200 and 11,500 points, with good opportunities to trade