The trading on the state-owned energy giant’s shares saw about SAR 1.35bn last Thursday, over 38.1m shares, while FTSE Russell announced including the share on 23 December. Meanwhile, Aramco’s share closed at 3.3% decline of SAR 35.50.
Egypt will witness the deletion of AMOC EY and SKPC EY
EGX30 has been seeing outflows over past two months, dropping 9.2%
MSCI index continued to rise through the past week’s trading sessions. The index rose during the last five sessions from 885.52 points to 910.08—an increase of 2.77%. This increase to 910.08 points is the highest level registered by the MSCI index since 15 July 2015. The MSCI index started the past week’s trading session approaching …
The MSCI index overcame the sideways trend which has dominated its performance since the middle of July. During the past five sessions, the index rose from 873.5 points to 885.52 points, recording an increase of 1.38%. The MSCI index began its first session last week with a slight increase from 880 points to 884 points. …
The MSCI index continued moving sideways for the second week in a row. It rose from 869.8 points to 873.5 points─an increase of 0.42%. The MSCI index closed early last week at 870 points, amid low trade volume. On the following day, the index broke 873 points. It kept moving upwards during Wednesday’s session, approaching …
The MSCI index has moved within a limited range during last week’s trading, increasing to 869.8 points from 867.84—a 0.23% increase. The performance of the index was moving horizontally during last week’s sessions after starting the week with increases, approaching 868 points during Monday’s session, then approaching 870 points during Tuesday’s session. MSCI managed to …
MSCI index registered a remarkable increase of 4.7%, rising from 828.84 points to 867.84 points in last week’s trading. MSCI index rose 2.16% during Monday’s session and then decreased to 0.87% in Tuesday’s session. MSCI registered an increase of 0.27% in Wednesday’s session, then 1.12% and 0.22% increases on Thursday and Friday sessions respectively.
At the beginning of this week, the index started at 838 points, amid a contrasting performance.
The fourth trading session of the week saw another decline of 1.04%, while the last session recorded a rise of 0.18%
China has shrugged off a decision by stock index firm MSCI to continue ignoring the country’s A shares in its influential global equities index, saying that the gauge cannot be complete without the Chinese stocks.
The trading week opened at 846.7 but fell down during the first trading day 0.36%. The index surged by 1.07%, and fell again during the third trading week, inching down by 0.38%
The gains during the last two trading days, Thursday and Friday, remained equal at 0.15%
The index opened at 812.32 and closed at 826.19
Similar increase and downturns were experienced on Tuesday, the week’s second trading day
On Monday, the index opened the trading week at 790.97 and increased by 0.53% during the first trading day
The index opened at 740.02 and continued to increase until it reached 790.97 by the week’s last trading day
The market declined on the first and second trading days before picking up on Wednesday
The market surged throughout the first trading day of the week beginning 31 January then dropped in the second and third day only to pick up the fourth day.
Since the beginning of the oil price crisis, emerging markets have been experience a notable decline; the worst experienced in the market since the economic crisis in 2008.
Reuters – Dubai Investments, a diversified manufacturer and investor in property, plans to increase the limit on foreign ownership of its shares to 35% of its total capital, the company said on Sunday. Foreign investors now hold 13.7% of Dubai Investments’ shares out of the total 20% allowed, bourse data shows. The firm’s shareholders, including …
Banking expert Bassant Fahmy said she does not expect dollar prices to increase.
Emerging markets index has no plans to delist Egypt, but monitoring developments closely
Egypt may be bumped from “emerging market” to “frontier market” on lack of liquid investments
