Latest in Tag: Egyptian Exchange Highlight
Latest in Tag: Egyptian Exchange

Meet Rami El-Dokany, the new chairperson of Egyptian Exchange
El-Dokany graduated in economics from Cairo University in 2003. He received a diploma in feasibility studies and project evaluation from Cairo University in 2005.

Lacklustre performance dominates Egyptian Exchange
EGX30 expected to move between 9,800-10,300 points: Hassan

Expected profits in Egyptian Exchange this week after strong rise of some leading stocks
Market going through temporary state for 2 months, we approach its upper limit: Beltone’s Agina

Egyptian Exchange likely to reach 11,450 points in case of breaking 11,145 resistance mark
EGX30 closes at 11,125.55 points, recording increase of 2.93% last week

Prime Minister extends tenure of Egyptian Exchange Chairperson for 4 years
Farid assumed his position in August 2017

Egyptian Exchange launches new index for government bonds
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.

Newly elected board of Egyptian Exchange announced
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 …

Egyptian Exchange targets 10,450 point level amid optimism for continued surge
EGX30 closed at 10,278.86 points last week, recording increase of 4.19%

Recent market rebound leads EGX towards 10,700 points resistance level
Since beginning of year, Egyptians have represented 83.0% of value traded in listed stocks after excluding deals

EGX expects positive performance towards 10,800 point resistance level this week
Egyptian stock market witnesses high volatility over past two weeks

Egyptian Exchange slightly declines at beginning of Thursday trading
EGX30 scores 10,699 points during the first hours of Thursday trading

IFC, Egyptian Exchange lend support to women’s empowerment on International Women’s Day
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.

Adopting conservative attitude, selected stocks purchases are best investment policy
EGX30 closes at 11,380.55 points, recording decline of 1.44% last week

Ebtikar restructures to include only Masary, Bee for e-payment before EGX debut
Company plans to put Basata on EGX in 2022 after transferring non-banking services under its umbrella

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

Egyptian government continues support for far-reaching reform plans
Work underway to complete technological infrastructure and trading systems, whilst introducing new financial mechanisms, products, says Mohamed Farid

Egyptian Exchange aims to breach 12,000 points resistance this week
EGX30 closed at 11,654.58 points, an increase of 1.76% during last week

Timing in Egypt is right for IPOs: Financial Regulator
Total of 4 insurance companies have applied for property insurance licence, said FRA Vice-President

Optimism at Egyptian Exchange performance though experts recommend caution
Egypt’s stock market tests resistance level at 11,500 points during high trading

Egyptian Exchange expected to continue sideways-to-upward trend this week
Market capitalisation increases by about EGP 9.3bn to EGP 660.2bn during last week

Financial Group tops Egyptian brokerage ranking in 2020
Pioneers Securities aims to open new branch in Fifth Settlement during H1 of 2021, says Managing Director

EGX ends Wednesday in green, market cap rises EGP 8.3bn
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

Mutant coronavirus fears impose state of uncertainty in Egyptian Exchange
Benchmark EGX30 falls by 1.5%, to close at 10,683 points last week

Egyptian Exchange turns red amid fears of new COVID-19 strain
Egyptian Exchange was affected by global markets panic, traders should adopt wait-and-see approach until market stabilises: El-Maraghy

Suez Cement, Tourah Portland announce voluntarily delisting from Egyptian Exchange
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%.

EGX expected to test 11,200 point resistance level this week
Last week, market capitalisation reached EGP 616.8bn, down by 1.7%

EGX correction expected to dominate performance pending new stimuli
EGX30 targets support level of 10,800 – 10,970 points this week

Improved corporate business results, expected unchanged interests push EGX to consolidate
Moving above 10,600 points will help EGX breach resistance levels, says Okaz official

EGX-listed companies contribute EGP 80m to FRA income
Contribution from insurance companies amounts to EGP 255m, or 41.2%, of total FRA income

Outflow of foreign investments in EGX reaches $500m: CBE Governor
CBE has EGP 1trn of excess liquidity, deferred loan installments recorded EGP 1.8trn