Latest in Tag: EGX Highlight
Latest in Tag: EGX
IDH dual listing on EGX approved as trading expected from 20 May
Listing of EGP-denominated ordinary shares will position IDH as sole dual-listed Egyptian company on both EGX, London Stock Exchange
Integrated Diagnostics obtains EGX approval for dual listing
EFG Hermes, Renaissance Capital act as advisors to Integrated Diagnostics in double entry process
Recent market rebound leads EGX towards 10,700 points resistance level
Since beginning of year, Egyptians have represented 83.0% of value traded in listed stocks after excluding deals
EGX listing makes companies centre of foreign investor focus: Chairperson
EGX holds workshop to introduce companies to requirements of listing on stock market
Education services provider Taaleem begins trading on EGX
Taaleem has already raised EGP 2.1bn after wrapping up sale of 49% of its shares to institutional, retail investors
Pharos heads EGX league in March with transactions of EGP 26bn, 31% market share
The firm reported a market share of 31.4% of total transactions, with a turnover of EGP 26.06bn.
Subscription to Taleem’s IPO continues until 1 April
Taaleem is offering 17.9 million shares in retail portion of its IPO
EGX expects positive performance towards 10,800 point resistance level this week
Egyptian stock market witnesses high volatility over past two weeks
Edge Holding to begin EGX debut procedures in 2022: Chairperson
OIA New Capital is 80% completed, with delivery beginning in 2021
Egyptian Exchange slightly declines at beginning of Thursday trading
EGX30 scores 10,699 points during the first hours of Thursday trading
EGX experiences severe collapse, most stocks exceed maximum decline
Significant declines in Tuesday session attributed to ‘domino effect’, ‘marginal positions’, says Yasser El-Masry
Low purchasing power paves way for further EGX downturns this week
EGX30 close at 10,918.4 points, recording decline of 3.05% last week
Egyptian U-21 youth to trade on EGX without guardian
Decision is subject to Financial Regulatory Authority’s approval
EGX sees strong selling pressure for 5th session straight
Stocks account for 42.62% of total value traded on main market, remaining 57.38% captured by bonds over last week
EGX to launch ‘Tamayoz’ index, new closing prices mechanism in 2021: Chairperson
Current trading rates indicate Egyptian stock market’s readiness to receive new IPOs, says Mohamed Farid
Financial regulator sets EGX trading limit at EGP 10,000 for U-21 youth
Authority prohibits margin trading, short selling for this age group
Ebtikar restructures to include only Masary, Bee for e-payment before EGX debut
Company plans to put Basata on EGX in 2022 after transferring non-banking services under its umbrella
Egyptian Exchange eyes breaking 11,675 points resistance level this week
EGX30 closed at 11,546.32 points, recording decline of 0.45% last week
Egyptian government continues support for far-reaching reform plans
Work underway to complete technological infrastructure and trading systems, whilst introducing new financial mechanisms, products, says Mohamed Farid
Egyptian Exchange aims to breach 12,000 points resistance this week
EGX30 closed at 11,654.58 points, an increase of 1.76% during last week
Timing in Egypt is right for IPOs: Financial Regulator
Total of 4 insurance companies have applied for property insurance licence, said FRA Vice-President
Optimism at Egyptian Exchange performance though experts recommend caution
Egypt’s stock market tests resistance level at 11,500 points during high trading
Egyptian Exchange expected to continue sideways-to-upward trend this week
Market capitalisation increases by about EGP 9.3bn to EGP 660.2bn during last week
EGX ends Wednesday in green, market cap rises EGP 8.3bn
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
Mutant coronavirus fears impose state of uncertainty in Egyptian Exchange
Benchmark EGX30 falls by 1.5%, to close at 10,683 points last week
Egyptian Exchange turns red amid fears of new COVID-19 strain
Egyptian Exchange was affected by global markets panic, traders should adopt wait-and-see approach until market stabilises: El-Maraghy
Ebtikar for e-payments to offer 25% stake on EGX by Q1 2021: Sources
The value and final percentage of the offering will be announced upon completion of the fair value study.
EGX targets 10,800 points resistance level, should 10,650 points barrier be surpassed
Market is currently witnessing fluctuation, particularly off back of anticipated results of yet-to-be-confirmed US presidential elections
EGX, GAFI agree to facilitate register of securities on stock market
Executive committee to be formed to activate cooperation, says EGX Chairperson Mohamed Farid
EGX loses over EGP 10bn due to panic selling in CIB shares
CIB price falls by 10%, but purchases by local portfolios and funds offset stock’s value loss to 6.9%