Latest in Tag: Egyptian Exchange Highlight
Latest in Tag: Egyptian Exchange
Market going through temporary state for 2 months, we approach its upper limit: Beltone’s Agina
EGX30 closes at 11,125.55 points, recording increase of 2.93% last week
Farid assumed his position in August 2017
The new index includes the most liquid bonds on the stock market, while the market value of the bond will determine the weight of each issuance within the index.
The Egyptian Exchange (EGX) announced, on Thursday, its new board of directors, consisting of 5 members who won in the internal election that took place on Wednesday. The new board (2021-2025) included Hashem El-Sayed, Ahmed Abu El-Saad, Rania Yaqoub, Shawkat El-Maraghi, and Dalia El-Sawah. According to the EGX statement, the total turnout in the election …
EGX30 closed at 10,278.86 points last week, recording increase of 4.19%
Since beginning of year, Egyptians have represented 83.0% of value traded in listed stocks after excluding deals
Egyptian stock market witnesses high volatility over past two weeks
EGX30 scores 10,699 points during the first hours of Thursday trading
The annual event, held by the IFC and stock exchanges around the world since 2014, aims to raise awareness of the pivotal role women play supporting private sector growth and development.
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
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
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
Benchmark EGX30 falls by 1.5%, to close at 10,683 points last week
Egyptian Exchange was affected by global markets panic, traders should adopt wait-and-see approach until market stabilises: El-Maraghy
Suez Cement said, in a statement, that after the implementation of the deal, the stake of the bidder and its associated parties is expected to reach 154.2m shares, representing 84.8% of the company’s capital, and it is expected to increase to 91.3%.
Last week, market capitalisation reached EGP 616.8bn, down by 1.7%
EGX30 targets support level of 10,800 – 10,970 points this week
Moving above 10,600 points will help EGX breach resistance levels, says Okaz official
Contribution from insurance companies amounts to EGP 255m, or 41.2%, of total FRA income
CBE has EGP 1trn of excess liquidity, deferred loan installments recorded EGP 1.8trn
CBE’s initiative should focus on absorbing sale shocks not pushing prices up, says Sabaa
Head of technical analysis at Pharos Holding Mohamed Osman believes the benchmark EGX30 is still hovering on its previous low at the support level of 13,550 points, thus the consistency of trading above that level paves the way for a possible rebound.