Latest in Tag: shares Highlight
Latest in Tag: shares
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
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
EGX loses over EGP 10bn due to panic selling in CIB shares
CIB price falls by 10%, but purchases by local portfolios and funds offset stock’s value loss to 6.9%
Target Real Estate requests buying 114 million shares in Dice
Target Real Estate Investment and its owners own about 21.2% of the shares of Dice Ready Made Garments.
Mubasher Securities Brokerage to advise private placement for 28% of Emerald Real Estate shares
Ehab Rashad, Vice Chairperson of Mubasher Capital Holding for Financial Investments, stressed that this offering is the first on the Egyptian Exchange in 2020 and indicates a positive result of recent economic reforms by the Egyptian government.
Leading shares expected to test resistance level at 15,000 points this week
Ahmed Fahim, head of technical analysis at Al-Shorouk Brokerage Company, said that the main index will continue its bullish move to target the new resistance level at 14650 points this week, which, if penetrated, the index will target 15000 points
TMG’s sales score EGP 11.7bn in 1H2019, shares up 37%
Naeem expects cooling down of sales in Celia during 2019
Trading of Fawry shares on EGX to start on 8 August at EGP 6.46
Company to implement insurance brokerage requests electronically in 4Q19, revenues expected to reach EGP 869.4m by year-end
TE will receive EGP 5.5bn of shares in Vodafone revenues
Two companies sign cooperation protocol witnessed by ICT minister
Egypt shares await fresh stimulus to resume rally amid lack of catalysts
Main benchmark extended downward trajectory last week on sell-off streak
Egyptian shares to resume rally soon amid fresh stimulus as economic reforms push on
Benchmark EGX30 index may retest resistance at 16,260, 16,336 points
Egypt’s shares to extend rally as investors expect to build new positions ahead of earnings season
EGX30 rose 3.27% in a week, market capital rose 19.7% to EGP 1tn
Egypt shares extend gains for 6th consecutive week; investors likely to book gains
EGX30 rises 0.39% in one week, hitting 17,064 points
Egypt shares likely to halt rally amid possible profit-taking streak
EGX30 rises 2.3% in one week, closing at 16,999 points
Egypt shares to test historical peaks as foreign investors likely to inject cash-ins
Benchmark index EGX30 rose 0.81% in a week; closes at 15,443.18 points
Egypt shares to extend rally as investors expect to build new positions ahead of earnings season
EGX30 rose 2.36% in a week; market capital rose by 19.7% at EGP 883.4bn
Egypt shares expected to move sideways amid a slump in global markets
EGX30 declined for 3rd week in a row; likely to extend downward trends
Egypt shares await fresh stimulus to resume rally amid lack of catalysts
Main benchmark closed almost flat last week on sell-off streak to book gains
Egypt shares expected to move sideways on profit-taking, await fresh stimulus
EGX30 falls 1.56% or 240.27 points in a week, records worst weekly losses in 2018
Egypt to offer shares in up to 10 government companies in next 18 months: finance minister
Government paid $200m of arrears owed to IOCs in January, $550m to follow in February, March
Egypt shares to extend rally amid fresh stimulus: EGX 30 targets 15,500 pts
Foreign funds bullish on local shares as reform plans pay off, says Renaissance Capital
Egypt shares likely to extend bullish trend until end-2017 amid weak liquidity
EGX30 closes almost flat in one week as foreigners embark on sell-off streak
Ahead of year-end, Egypt shares likely to test new peaks on local purchases
EGX 30 rises 2.69% to 14,679.91 points; targets 15,000 points in the mid-term
Egypt shares likely to retreat as investors book gains ahead of year-end
EGX30 drops 1.97% amid local traders sell-off streak
Egypt shares likely to keep rally alive as foreign investors build new positions
EGX 30 surges 1.87% in week buoyed by foreign and Arab purchases
Egypt shares almost flat in week as foreign investors book gains
EGX30 index ticks up 0.22%, or 30.8 points, to close at 14,350.14 poin
Egypt shares extend rally, record best weekly gains since September
EGX30 soars 2.61% or 363.8 points to 14,319.34 points
Egypt shares hit two month high as investors build up new positions
EGX30 index rose 1.76% or 241.85, closing at 13,955.47 points
Egypt shares rises marginally in a week as bank stocks weigh
EGX30 index inched up 0.075 or 9.7 points to the level of 13,891.71 points
Egypt shares close on mixed note in a week, likely to resume rally
Foreign investors expected to build new positions in blue-chips