Latest in Tag: EGX 30 Highlight
Latest in Tag: EGX 30
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
Egypt shares resume rally as foreign investors hunt for cheap valuations stocks
EGX 30 index gained 177.77 points, 1.26%, closes at 14,261.25 points
Egypt shares to extend rally amid fresh stimulus: EGX 30 targets 15,500 pts
Foreign funds bullish on local shares as reform plans pay off, says Renaissance Capital
Egypt shares likely to extend sideways move as CBE keeps interest rates on hold
EGX30 lost 3.5% in a week, hovering around its lowest level in 9 months
Pound flotation attracts foreign investors to EGX
Heads of financial institutions contend that these funds are high-risk
EGX-30 expected to range between 7,500 and 7,600 points during Sunday trading
Mohamed Al-Assar, head of the technical analysis department at the National Bank of Kuwait (NBK), said the Egyptian Exchange’s benchmark index EGX-30 will range Sunday between 7,500 points and 7,600 points in light of weak trading volumes below EGP 500m
EGX-30 to range between 7,600 points and 8,100 points
Market capitalisation of listed stocks increased by 2.2% this past week
CIB’s decline to keep EGX-30 below 7,700: analyst
Benchmark index surged by 22.4% this past month
EGX-30 to range between 7,300 and 7,750 points
Prices of several shares expected to surge
EGX to experience upwards trend in upcoming period: analysts
EGX-30 projected to range between 6,800 points and 7,000 points
EGX-30 closes with 0.5% surge, unaffected by CBE’s decision
Analysts argue that positive news would encourage investors to buy
EGX-30 expected to range between 5,900 and 6,200
Investors still wait for positive news to return to their purchasing behaviour
EGX-30 to range between 5,850 points and 6,150 points: Capital market analyst
Total value of traded securities recorded EGP 2.8bn, an official report issued by the EGX read
EGX-30 to fluctuate between 5,300 and 5,900 points
The acquisition of CI Capital by OTMT will reflect positively on the market
Analysts predict EGX-30 to remain insulated from larger downward trends
All indexes witnessed a surge during the past week
EGX-30 predicted to decline to 5,600 points during trading week
The cumulative deterioration in EGX-30 last week was 15.38%
EGX-30 rises by 1.23% on Thursday
Market gains of EGP 3.6bn at the end of Thursday’s trading session
Egyptian stock market recovers on Tuesday
Recovery parallels US and European stocks’ upturn
6-year-high in capital market, EGX-30 reaches 10,055 points
13 companies listed during 2014, new listings expected in 2015
Stock losses continue, market declines by EGP 15.3bn
Total market losses so far at EGP 48bn, while gains amount to EGP 5.9bn
Stock market main index rises by nearly 5%
EGX-30 registers 8498.65 points on Thursday
Egypt bourse hits 8-week low
Reuters – Egypt’s main index dropped 2.3% to its lowest close since 11 February. The benchmark has fallen 14.7% from 26 March’s five-year closing high. The sell-off came after Abdel Fattah Al-Sisi said he would run for president; investors, most of whom favour Al-Sisi, had bid up the market ahead of the announcement and took …
Egyptian indices see gains across the board
EGX-30 jumped by 1.31% and closed at nearly 7180 points
Capital markets shed EGP 2.5bn
Market indices drop was due to profit-taking by investors: member of EGX board of directors
Market surges despite reported clashes
Egyptian bourse surges on Wednesday while investors anticipate Morsi trial on 4 November
OCI deal pushes stock up
The EGX 30 index closed with a 1.5% surge at 5615.36 points on Tuesday, while the EGX 70 index, encompassing small and medium sized companies, saw a modest rise of 0.53%. The broader index EGX 100 increased by 0.71%.
Stock market rises unprecedentedly, celebrating military’s statement
The trade volume on Tuesday had its highest rise in the past four months, reaching EGP 510m.
Bourse will not halt trading under any circumstances claims new head of exchange
Atef El-Sherif: Many portfolios require immediate intervention to further boost confidence
Egypt’s benchmark index closes with a gain against odds
Surge in shares of Orascom construction after regulatory approval given to its Dutch parent company to buyout Egypt’s biggest publicly traded firm
Fall in index woos foreign investors
Non-Arab foreigners net buyers of EGP 236m ($34m) of shares so far in June