Latest in Tag: EGX Highlight
Latest in Tag: EGX
EGX likely to continue trade decline amid hopes of US-China trade war end
Pharos expects main index to pass 13.800 points supported by decline in sales
EGX issues standards of securities qualifying for short selling
Brokering companies should now prepare themselves to meet requirements, says EGX chief
Cabinet, capital markets stakeholders discuss boosting EGX, accelerating IPO programme
Stamp tax on EGX at max of 10% of profits, says ECMA chairperson
EGX posted biggest weekly drop since December, expectations of further decline this week
The main index EGX30 fell by 5.5% last week to 14,035 points, in its largest weekly decline since December.
EGX to unify registration rules, circulation, disclosure in countries of Union of Arab stock exchanges
We will promote use of financial technology in Arab stock exchanges to counter informal markets: Farid
Female investors in EGX increase by 30%
Women’s unemployment rate decreased from 24% in 2014 to 19.6% in Q1 of 2019, says Morsi
CIB profits reach EGP 2.64bn in Q1 of 2019
Total bank assets increase to EGP 351.68bn until end-March
Nasr asserts EGX role in helping companies grow
Egypt receives AFE secretariat for this year
Egypt shares to move sideways in short-term ahead of Ramadan amid weak liquidity
EGX30 index has short-term resistance at 15,262-15,320 points
Egypt shares to move sideways awaiting fresh stimulus ahead of Q1 results
Benchmark EGX30 index has resistance at 13,580 and 13,622 points
EGX on a roll as investors build new positions in blue-chips stocks
Market capitalisation gains EGP 15bn in a week, closes at EGP 830.25bn
EGX to see 3 new IPOs by 2Q19 as market conditions improve: sources
Companies work to finalise their prospectuses, issue requirements
Egypt shares to see profit-taking in short term awaiting 1Q19 earning season
Benchmark EGX30 index has resistance at 14,810, 14,930 points
EGX to move sideways in mid-term as it awaits fresh catalysts
Benchmark EGX30 index may retest 15,320 points if it breaks resistance at 15,000
Three private Egyptian firms finalising their listing procedures for EGX in 2019
We are still underdeveloped in establishment of REITs, says EGX Chairperson
Offering banks’ stakes will be crossroad for IPOs: financial analyst
Implementation of IPO’s first phase is positive message indicating that state is serious, says Ehab Saeed
Launching IPOs will strengthen EGX in global stock markets: CEO of Prime Securities
Opted companies to be offered are good selections as they include big indexed names
Egypt seeks to raise EGP 100bn by selling stakes in over 20 state-owned companies: Bloomberg
Ten companies will see their shares floated for first time
Chosen companies to be offered in EGX will improve market liquidity: Abo Basha
IPOs programme is ‘raft’ for companies, simultaneously offering new financial resources for government
Egypt shares to keep rally alive in mid-term as earning season goes on in full swing
Market expected to benefit from buzz around IPO government programme start
EFG Hermes closes follow-on offering of Eastern Company on EGX
Transaction was met with strong demand from global, regional, Egyptian investors
Egypt shares to test move upwards as foreign investors likely to inject cash-ins
Benchmark EGX30 index levelled up 677 points, or 4.79% in Feb to 14,803 points
Regional institutional funds account for almost 85% of Eastern Company private placement: source
Public offering of company to start Sunday amid expectations of heavy demand
Egypt shares to extend rally as investors expected to capitalize on cheap valuations
EGX30 to move between 15000pts and 15500pts in a heavy trade amid fresh liquidity
Government resumes offering 25% of Enppi on EGX
The government committee supervising the state IPO programme gave the green light for resuming offering process of the Engineering for Petroleum and Process Industries (Enppi) on the Egyptian Exchange (EGX). Officials responsible for the offering process have resumed their meetings with Enppi’s representatives in the past period, an informed source told Daily News Egypt, adding …
EGX lists Orascom Development Egypt on EGX30 index
The Egyptian Exchange (EGX) listed Orascom Development Egypt (ODE), a subsidiary of Orascom Development Holding, on the EGX 30 index on Monday, as the company met the trading standards of the index, which includes the country’s top 30 listed companies. The move follows the success of ODE in 2018, as it was one of the …
EGX to launch new index as the market target fresh foreign liquidity
Market capitalisation will be set based on weight of free-float shares of each company
Egypt stock market to move upwards in mid-term on strong earnings season start
Benchmark EGX30 rose 4.5%, or 620.03 points in week, finishing at 14,126.68 points
Egypt shares to move sideways awaiting fresh stimulus ahead of imminent earning season
Benchmark EGX30 index went up 115.55 points to close at 13,482.99 points
Market awaits new index in March to stimulate trading, says bourse’s chairperson
Net foreign purchases rose to EGP 21.98bn during period from flotation to December 2018