
EGX ends Wednesday trading on mixed note as EGX30 resumes gains
European stocks slip amid concerns of surge in COVID-19 cases
European stocks slip amid concerns of surge in COVID-19 cases
Bank plans to launch mobile, internet banking services next year, says Fayed
Benchmark index EGX30 rose for second week in a row as foreigners buy
Market expected to extend downward trajectory awaiting fresh stimulus
EGX30 rises 2.3% in one week, closing at 16,999 points
Main benchmark closed almost flat last week on sell-off streak to book gains
Local investors boost the market as they embark on building new positions
Profit-taking likely to continue ahead of Eid Al-Adha vacation
There is an interest in providing investment opportunities and in SMEs to support them in financing their expansion
KSE tops the list, QSE tails, six Arab bourses suffer losses, including DFM and ADX
Local investors are expected to dump shares and turn them into banking assets
EGP 1bn expected sales by the end of 2017 with 82% growth
The Egyptian Exchange (EGX) indexes strengthened at the end of last week, following a wave of decline on the back of the high-stamp tax proposal, before the Ministry of Finance suggested to bring the rate down to 0.125%. The EGX has been suffering over the past week, recording at midweek its lowest transactions since October …
Negotiations with the government reached a dead end and the current solution is to return trading
MCDR targets interconnection with ADX and develop storage capacities by 2017, Abdul Bari says
Saudi stock exchange has been witnessing huge losses for the second week respectively. According to a report issued by Al-Hayat news website, Tadawul—the stock market of Saudi Arabia—lost more than $3.5bn due to declining demand. The report added that the liquidity in the market declined by 18%, affecting the Tadawul All Share Index (TASI) negatively. …
Technical analysts predict the EGX will continue making gains, while trading volume increases
The initial indicators recorded by the Egyptian Exchange (EGX) during the first two weeks, as well as international reports’ expectations of a relative increase of the Egyptian pound have confirmed that the EGX came amongst the list of stock exchanges achieving the highest US dollar revenues in 2017. There are three factors which put the …
Mubasher Advisory for Securities is offering a package of financial consulting services to a number of companies, said board member Ehab Rashad. The companies, he explained, aim to register on the Egyptian Exchange (EGX), Nile Stock Exchange, or implementing expansions. Rashad noted that the first deal, to which Mubasher is advising, includes three deals for …
Technical analysts predicted that the Egyptian Exchange (EGX) will continue to take advantage of the falling price of the pound, and aims to achieve a new record level near 13,050-13,100 points in this week’s trading after the New Year’s celebrations and Christmas holidays. The EGX30 closed at a new level of 12,824.3 points, with weekly …
Executives confirm that acquisitions are now based on minimum value of brokerage licence or companies’ book value
EGX closes in the green, up by 1.29% on Monday
Facing potential risks from reform decisions is better than remaining in the abyss, says Omran
Amending laws of investment, capital market, and land allocation is necessary
Investment, initial public offering (IPO), and securities promotion managers have conflicting opinions over whether the devaluation of the Egyptian pound has restored the Egyptian Exchange’s (EGX) attractiveness for foreign investors, and whether the action encourages them to inject “hot money” into the stock exchange—like what had happened before 2011 and what happened mid-2013. The experts …
EGX peaked in 2008 when its market capital recorded unprecedented levels, but it gradually receded due to sharp political and economic fluctuations
The company was granted a three-month period for its offerings, due to end in December
The EGX closed on Thursday at 6,942.52 points, with a 0.15% increase.
Aboul Naga will succeed Rania Al-Mashat, who will move to the International Monetary Fund
50% of licence’s value will be collected in US dollars