Latest in Tag: stock market Highlight
Latest in Tag: stock market
Egypt’s monetary policy stability to boost stock market performance this week
Traders in the Egyptian Exchange (EGX) expected that the Central Bank of Egypt’s (CBE) decision to leave interest rates on hold will support the performance this week. Also, Moody’s decision to maintain Egypt’s credit rating at “B2” with a stable outlook for the Egyptian economy, will carry a positive impact. The benchmark index EGX30 decreased by 0.2% at the …
CI Capital’s Taaleem to conclude IPO in H1 of 2021
Taaleem reports EBITDA of over 50% in FY 2019/20
Mubasher’s Du platforms aim to attract expatriate investments in debt, stock markets
Du to be available via several electronic platforms with investments of EGP 360m
Tokyo stocks close higher on hopes for post-Brexit deal, vaccine rollouts
The 225-issue Nikkei Stock Average gained 143.56 points, or 0.54 percent, from Wednesday to close the day at 26,668.35.
EGX, GAFI agree to facilitate register of securities on stock market
Executive committee to be formed to activate cooperation, says EGX Chairperson Mohamed Farid
Odin eyes EGP 1bn stock market investment through new fund
Company expects to complete procedures, obtain FRA approval for incorporation within next month
No current plan for debuting EFG Hermes Finance on stock market: Group’s MD
Recovery from coronavirus crisis could take up to 18 months: Head of Research at EFG
Egypt’s new IMF loan agreement stimulates stock market
The benchmark index EGX30 closed at 11,108 points, while the EGX70 EWI rose 3.09% to 1,259 points, and the EGX100 EWI rose 3.31% to 2,028 points.
Stock market bloodbath continues
EGX drops 1.76%, Dow and S&P 500 both decline 3.4%, France’s CAC 40 4.4%, UK’s FTSE 100 fell 3.8%
TAQA Arabia plans to offer 25% on stock market for estimated EGP 1bn
Offering shall be completed before end of 1H2020
Abu Qir Fertilizers to offer additional stake on EGX in 2H 2020
Company plans to increase exports to 70% from 55% by year-end
Rameda targets stock market debut in 4Q 2019
Company to use IPO to fund opportunistic acquisition of pharmaceutical companies
Offering less than 5% of Aramco in stock market to achieve several benefits: Saudi embassy
National transformation plan aims to achieve 5 goals, says Saudi document
EGX blue-chip index plunges by 3.16% in morning trading
On Sunday, EGX indexes bled heavily amid intense selling by Egyptians leading to market losses of EGP 31.5bn
EGX expected to move sideways in anticipation of fuel price hike
Buying selected stocks amid possibility of correcting index towards 13,900
EGX performance in last 10 years catastrophic: Tawfik
Weak efficiency of EGX in creating market for exiting reduces chances of attracting direct investments, says Economic expert Hany Tawfik
EGX trading expected to recover as indexes continue at a weak performance
Absence of stimulus, positive news, foreign sales and trade escalation weaken the market’s attractiveness
Launching IPOs will strengthen EGX in global stock markets: CEO of Prime Securities
Opted companies to be offered are good selections as they include big indexed names
The worst could be finally over for Egypt stock market ahead of year end
The market is expected to extend gains as local and Arab investors build new positions
EGX witnesses largest daily loss since five years in wake of stock market manipulation case
Panic caused individual traders to sell, accounting for 70% of transactions
Stock market manipulation case: experts’ report has shortcomings
Gains of all dealers of Al Watany Bank of Egypt deal deemed legitimate, says experts committee
Egyptian Exchange closes in red on Tuesday as market cap loses EGP 12.3bn
The Egyptian Exchange (EGX) lost 12.3bn of its market capitalisation, ending Tuesday in red territory following a sharp downturn in its indices to reach EGP 902.731bn by session’s end
Saudi inclusion in MSCI index to have marginal impact on Egypt’s stock market: report
EGX30 has been seeing outflows over past two months, dropping 9.2%
Firms expect improvement in exports, investment policy, stock market, energy system
Most firms expect improvements in exports in the coming quarter, as well as in investment policy, due to a more enabling environment availing to increase foreign direct investments, according to the Business Barometer (BB) March 2018 survey by the Egyptian Centre for Economic Studies (ECES). The BB said that firms expect improvement in the stock …
Egypt stock market tops investment opportunities in 2018
Investors bullish on pharmaceutical, healthcare, consumer, bank stocks
EGX to embark on trading separate subscription rights for non-listed companies
The new strategy will enhance companies ability to raise capital
Factors to watch in Egypt’s stock market in the week ahead
When Egypt’s stock market starts trading on Sunday 19 November, most investors should be watching the following factors in the week ahead, with some companies holding their ordinary general meetings to discuss different matters. This week will see also dividend distribution due dates for some of the listed companies. Starting with Alexandria Mineral Oils Co. …
Factors to watch in Egypt’s stock market in week ahead
When Egypt’s stock market starts trading on Sunday, November 12, most investors should be watching certain factors in the week ahead, as some companies hold their ordinary general meetings (OGMs) to discuss other matters. This week will also see dividends distribution due dates for some listed companies. Trade on Misr Cement – Qena (MCQE)’s stock …
Egypt’s stock market records historical gains as currency flotation pays off
Since the flotation of the pound, EGX grew 68% with a turnover of EGP 250.5bn
Factors to watch in Egypt’s stock market in the week ahead
When Egypt’s stock market starts trading on Sunday 22 October, most investors should be watching the following factors in the week ahead, with some companies holding ordinary general meetings to discuss different matters. This week will also see dividend distribution due dates for some listed companies. Starting with Eastern Company, the due date to distribute its …