Latest in Stock Market Highlight
Latest in Stock Market
EGX to embark on trading separate subscription rights for non-listed companies
The new strategy will enhance companies ability to raise capital
EGX raises transactions value minimum, sets closing price at EGP 30,000 as of Tuesday
Decision would have positive impact on trading volumes during upcoming period, says Aswaq managing director
Egypt shares seen moving sideways as CBE keeps interest rates on hold
EGX30 rises 2.35% in a week, hovers around all-time high
FRA greenlights establishing 8 holding companies 24 hours after completion of required documents
Rapid approvals implementation of Investment Law, says Osool branch manager
AT Lease launches trading on EGX amid investor interest
The company will be backing the share price for a period of one month after trading begins
EGX attracts 1,150 foreign investors in 2017: chairperson
Foreign buying stood at EGP 7.4bn last year, 14 firms seek to go public on EGX in 2018
Finance lease contracts rose to EGP 22bn in 10M 2017: FRA report
Real estate, land came on top, followed by automotive sector
AT Lease attractive, rewarding investment opportunity: report
Robust company performance shows high growth potential
2018 to witness serious steps in terms of establishing commodity futures exchange: EGX board member
Shawkat Almaraghy, member of the Egyptian Exchange (EGX) board and managing director at the brokerage sector of HC Securities & Invetsment, revealed that the EGX board awaits parliament’s approval on the updates to the stock market law, which permits launching a commodity futures exchange. “I think we will get the approval during 2018, then the …
Middle East IPOs stand at $2.1bn in 2017: Baker McKenzie report
Global IPO volume hit 10-year high last year, driven by financial sector
Eagle Capital keeps plans in place to list Egyptian Media Group by H1 2018: source
Company will use IPO proceeds to expand in local media market
Egypt shares likely to extend bullish trend until end-2017 amid weak liquidity
EGX30 closes almost flat in one week as foreigners embark on sell-off streak
Crescent Insurance Broking boosts business, targets EGP 150m premiums in 2018
Company sets new strategy to expand in local market with Chinese partnership
Eagle Capital acquires Abou Hashima’s stake in Egyptian Media Group
Value of transaction was not disclosed
AT Lease considers expansion as company lists 24% of its shares
Company eyes new investment opportunities in different sectors
Egypt pharmaceutical companies to benefit from new healthcare act: report
New consumer entrants will provide much needed sales for companies working in health sector
New Castle IPO on NILEX postponed on FRA decision
The IPO will take place within a month after getting the FRA’s approval in December, chairperson at Eagle Advisors says
Ezz Steel mulls cost reductions to boost financials, market share
Company losses fell by 16.3% in third quarter of 2017
Ahead of year-end, Egypt shares likely to test new peaks on local purchases
EGX 30 rises 2.69% to 14,679.91 points; targets 15,000 points in the mid-term
Ibnsina Pharma starts trading on EGX amid investor interest
Company accounted for 24% of Tuesday’s turnover, stock up 3.54%
EGX to have big role in financing auto industry
Exchange is good tool to borrow money in high interest rate environment, say experts
Egypt shares likely to retreat as investors book gains ahead of year-end
EGX30 drops 1.97% amid local traders sell-off streak
Ibnsina Pharma set final IPO price at EGP 5.8 per share
The IPO has been oversubscribed 17.1 times through more than 500 institutions and individuals
Foreigners net buyers on Sunday despite decision; EGX30 hit all-time high
CBE imposes entrance fees not to affect foreign inflows in stock market
Egypt likely to extend gains on foreign and Arab investor purchases
Valuations remain supportive for equities, YTD returns driven by EPS growth, says EFG Hermes
Orascom Construction targets restructuring its US business to reduce unnecessary costs
Group’s US subsidiaries signed new contracts during 9 months 2017, amounting to approximately USD 500 m
Importing companies to achieve stronger financials on CBE decision
Decision removes obstacles we were facing, says Cairo for Drugs chaiperson
CI Capital advises on EGP 1.47 bn acquisition of NCMP by Cairo 3A for international industries
The transaction is the bank’s second ECM, and the fifth closing in 2017
EGX70 likely to outperform EGX30 during Q1
Liquidity levels to be monitored while breaking 14,200 points: market expert
Alnaeem to witness stronger 2018 performance: company CEO
Updates regarding Alnaeem real estate fund will take place before the end of 2017