Latest in Tag: egyptian stock exchange Highlight
Latest in Tag: egyptian stock exchange
IMF spends $520bn annually to finance sustainability: EGX Chairperson
Country branding relates to culture, politics, sports of the people, says Salah Hassan
Egypt leads investment attraction in North Africa: Renaissance Capital
Cape Town- Daniel Salter, head of equity research at Renaissance Capital investment bank, presented the investment opportunities in Africa through several standards, including financial culture, poverty, labour costs, energy production, investment as a percentage of GDP, stability, and demographic distribution. Mohamed Farid, chairperson of the Egyptian Stock Exchange, opened the North Africa Investor Conference on 9-10 …
UN Woman: Egyptian stock exchange knocks bell for women
The Egyptian stock exchange knocks bell for women today, on the occasion of celebrating the International Women’s Day, UN Women Country Representative in Egypt Blerta Aliko said in a press conference on Tuesday. UN women organised a visit to Minya governorate on Wednesday to meet a number of rural women who were helped to have …
Capital market enjoys strong legislative environment, advanced financial instruments: EGX chairperson
We work to develop new tools, such as sukuk, says Mohsen Adel
Our 2018 priority is to view EGX as a value rather than a platform for buying, selling: chairperson
We will be focusing on offering new instruments and trade commodities in the market over the upcoming period, says Salah
Governmental decree to appoint Farid as chairperson of EGX, Omran for EFSA
Developing the EGX plays a pivotal role in the economic reform programme, according to Nasr
Omran demands ESTA to establish controls for practicing technical analysis profession
The controls protect the different parties in the market and increases the performance of the market
Hala Sakr appointed as member of EGX board of directors
Sakr will be serving as the representative of the Federation of Egyptian Banks
Expectations of EGX’s rebound to continue towards 13,000 points this week
Analysts in the market expect the rebound of the Egyptian stock exchange (EGX) to continue this week towards the level of 13,000 points, supported by the decision of the Central Bank of Egypt (CBE) to fix the price of banking interest rates after last weeks’ trading experienced a loss of 800 in the leading index. …
Egyptian Stock Exchange signs MoU with Sydney Stock Exchange, aimed at strengthening cooperation
The memorandum of understanding (MoU) will allow cooperation between the two parties in terms of the development of financial instruments and mechanisms and form strategies to strengthen the position of both stock exchanges at the international level. “This agreement comes in the framework of the EGX’s strategy to boost its presence on the international level, …
EGX30 targets 8,150 – 8,400 points this week
Technical analysts predicted that the Egyptian Stock Exchange (EGX) will move sideways between 8,150–8,400 points, perhaps dropping down to the 8,100-8,050 points during this week’s trading, awaiting any new economic incentives that will encourage investors to rebuild purchasing centres again. Analysts pointed out that the EGX market witnessed a limited decline of 0.72% last week, …
Egyptian Stock Exchange collapses by 5.5% under the separation of Britain from the EU
EGX drops by 5.5% following Brexit vote
Absence of GDR selling operations’ data compromises accuracy of foreigners’ purchases in EGX
Brokers have confirmed that the Egyptian Exchange’s recording purchases of Arabs and foreigners worth EGP 2.35bn since the beginning of 2016 does not reflect the real trend, as EGX has not recorded sold depositary receipts abroad as a way of exiting Egypt for foreigners
Domty’s share increases by 9.35% from offering rate on the initial days of its trading
Although the session closed at the share’s increase of 9.35% compared to the offering price, it declined by 1.76% from the opening price
Does Domty’s IPO attract new investment institutions to raise trading volumes in the Egyptian Stock Exchange?
A number of questions were raised by the capital market about how Domty’s IPO will attract new institutional investors and increase the low trading volume, which reached an average of EGP 400m in one session.
Economic growth spread from Asia to Africa: Omran
We seek to strengthen cooperation with African stock exchanges: Omran
Investors begin weekly trading with 25 January and oil prices in consideration
Expectations that EGX record an increase in Sunday’s session of up to 5,800 points with support from increase in oil prices to $32.18 per barrel
Egyptian stock exchange’s report shows region’s advanced rank in 2015 issuances, real value refutes
Saudi stock exchange comes at the top of Arab shares markets with four issuances worth EGP 8.665bn
Stock market expected to decline due to increase in interest rates
Stock exchange to face short wave of profits as a result of the increase of last 6 sessions with weak purchasing power
ESAA trained EGX personnel to deal with companies’ merging, dividing cases
Programme took three weeks, included clarification of modern concepts of Egyptian accounting standards such as handling financial leasing accounts, fair values
EGX’s benchmark index plummets 4.18%, sheds EGP 7.3bn
Domestic and foreign instability drives the market down
Egyptian Real Estate Group’s net profits rise to EGP 10.4m
The figure compares to EGP 8.9m in profits that were recorded by the group last year
Alexandria Cement Company loses EGP 116m in 9 months
The losses compare to the EGP 71m profits registered in same period last year
Aramex to discuss partnership with OTMT Wednesday
In September, Aramex said it is holding talks with OTMT to develop logistics areas in Egypt
El-Sherif establishes consulting and law firm
El-Sherif worked in the legal field before joining the legal administration of the EGX in the early ‘90s.
EGP 14bn in net profits recorded by 135 EGX-registered companies
39 companies recorded EGP 570m in total losses in H1 of 2015
Oriental Weavers Group referred to general prosecution
The group is charged with carrying out monopolistic practices and may pay a fine of up to EGP 300m
EGX, GAFI sign MoU to support SMEs in Upper Egypt
EGX to hold trainings for GAFI employees on EGX trading and advantages of listing on stock market
Emaar Misr boosts net sales by 20% in H1 of 2015
Real estate developer scored net sales of EGP 3.91bn in first half of current year
Emaar Misr Board approve capital rise by EGP 600m
Firm’s current issued capital evaluated at EGP 4.019bn, set to reach EGP 4.619bn with increase