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

Petroleum companies listed before fiscal year-end
MOPCO has already listed in Egyptian ExchangeÂ
REACAP sells 13,452 sqm land for EGP 332m
EGP 120m of Alexandria land sale went to REACAP

Financial services, real estate companies lead stocks’ trade in May
Value of traded securities during previous month totalled EGP 18.3bn

Capital market sheds EGP 7bn
ICFC announced intention to increase capital from EGP 30m to EGP 45m early Monday
PPP mechanisms main focus of Government & Developer Summit
The summit, entitled “The new Egyptian experience for reconstruction”, is set to raise the issue of the private sector participating in government mega projects

On first day of Putin’s visit, stock indexes slightly drop
Positive yields from Putin’s visit could influence the capital market on the long term

Capital market gains EGP 6bn on EFTs’ first trading day
EGX committee approved listing of ETFs in 2014 with initial value of EGP 10m

Stock markets losses EGP 9.4bn
Trading on Orascom Hotels and Development stocks started during Tuesday’s session

Deutsche Bank investments in Egypt worth $35m: Investment minister
Deutsche Bank follows Egyptian projects in areas of new and renewable energy, roads, and development of Suez Canal

Amer Group sees EGP 1.28bn in block trading deal
876m shares were sold in Thursday’s block trading deal at EGP 1.47 per share

EGX to review stocks of specialised companies twice a year
Egyptian Exchange says it is keen on increasing depth and efficiency of the capital market

Foreigners and Arabs net buyers in May
Bourse official: Arab and foreign investors take to buying Egyptian stocks during times of crisis

EGX head requests to step down from position for second time
Integration project between EGX and Borsa Istanbul to take place by 30 September

EGX lost EGP 5.5bn last week
Stockbrokers attribute the drop to Orascom’s recent refusal to go public

EGX booked EGP 6.3bn in gains previous week
Main indices jumped more than 1.7%

ASEA to launch the Pan-African Index
The President of the African Securities Exchanges Association (ASEA), Sunil Benimadhu, talks to Daily News Egypt, discussing Africa’s potential as an investment destination and the role of securities exchanges in promoting and benefiting from such potential.