Latest in Tag: stock market Highlight
Latest in Tag: stock market
Egypt stock market rally paused as investors book gains
EGX30 shed 1.28 percent amid sell-off streak from foriegn investors
Factors to watch in Egypt’s stock market in the week ahead
When Egypt’s stock market starts trading on Sunday October 15, most investors should be watching the following factors in the week ahead, with some companies hold its ordinary general meeting to discuss different matters This week will see also dividends distribution due dates for some of listed company. Starting with Alexandria Mineral Oils Co (AMOC), …
Factors to watch in Egypt’s stock market in week ahead
When Egypt’s stock market starts trading on Sunday 1 October, most investors should be watching the following factors in the week ahead, with some companies holding their ordinary general meeting (OGM) to discuss different matters. This week will see also dividends’ distribution due dates for some listed companies. Starting with Wadi Kom Ombo Land Reclamation …
Factors to watch in Egypt’s stock market in week ahead
When Egypt’s stock market starts trading on Sunday September 24, most investors should be watching the following factors in the week ahead, with some companies holding their ordinary general meeting to discuss different matters. One such company is Oriental Weavers, whose extraordinary general meeting (EGM) will discuss lowering the company’s capital of 6.59 million shares …
Factors to watch in Egypt’s stock market in week ahead
When Egypt’s stock market starts trading on 17 September, most investors should be watching the following factors in the week ahead, with some companies hold its ordinary general meeting to discuss different matters Starting with Alexandria Container and Cargo Handling, which the record date for its coupon will be entitled for it shareholders as of …
Factors to watch in Egypt’s stock market in the week ahead
When Egypt’s stock market starts trading on Sunday 27 August, most investors should be watching the following factors in the week ahead, with some companies holding their ordinary general meeting to discuss different matters. This week will have only four trading sessions, as the Eid Al-Adha vacation is set to start next Thursday. Wadi Kom Ombo Land …
Factors to watch in Egypt’s stock market in the week ahead
When Egypt’s stock market starts trading on Sunday 13 August, most investors should be watching the following factors in the week ahead, with some companies holding ordinary general meeting to discuss different matters Starting with Pyramisa Hotels and Resorts’ board meeting on 13 August, it will discuss its financials for the second quarter of the …
Egypt shares record first weekly gain in a month amid heavy trade
Foreign investors served as a buoyant to the market, likely to extend rally
Egypt shares extend sideways, await new stimulus
EGX30 lost 0.5% in a week to close around 13,400 points
Factors to watch in Egypt’s stock market in the week ahead
When Egypt’s stock market starts trading on Sunday 6 August, most investors should be watching the following factors in the week ahead, while some companies hold their ordinary general meetings to discuss different matters. Starting with Abu Qir for Fertilisers bonus shares, the final date to be acquired by investors will be on 6 August. …
EGX profits stand at EGP 103m in H1 2017
Egypt’s stock market’s net profit came in at EGP 103m in the first half (H1) of 2017, the stock exchange’s (EGX) chairperson Mohamed Omran said on the sidelines of a press conference in Cairo on Sunday. According to Omran, the exchange net profit in 2016 came in at EGP 101m. Omran, who was speaking about …
Factors to watch in Egypt’s stock market in the week ahead
When Egypt’s stock market starts trading on Sunday 30 July, most investors should be watching the following factors in the week ahead, with some companies hold their ordinary general meeting to discuss different matters Starting with Sinai Cement, the company will list its shares on 31 July, after the company cut its capital from EGP …
Investors likely to inject cash in Egypt’s stock market if monetary policy eases: report
Investor interest in Egyptian equities is visible in the long run
Factors to watch in Egypt’s stock market in week ahead
When Egypt’s stock market starts trading on 16 July, most investors should be watching the following factors in the week ahead, with some companies discussing dividends, while others will hold its ordinary general meeting to discuss its finances for the second quarter (Q2) of 2017. Beltone Financial Holding’s shareholders will meet on Sunday to discuss …
Stamp duty and interest rates hindered rising stock market movements
Expectations about targeting the level of 13,200 points this week as part of the sideways movement
Bright future for economy, critical for stock market, high interest rate is temporary: Prime Investment
Prime Investment bank said that floating the national currency is a great step that would push Egypt’s economy forward by eliminating the informal market and creating one price for foreign currencies, combined with decisions by the Supreme Council for Investment to help boost investments in Egypt. The bank believes that the supply of US dollars …
Recovery of stock market depends on stabilising US dollar at EGP 12: Beltone Financial
Lack of integrated economic policy wasted the benefits of Egyptian pound’s devaluation
Stock market surpassed itself in supporting growth despite economic slowdown: EGX chairperson
Mohammed Omran, chairperson of the Egyptian Exchange (EGX), said that the stock market played a vital role in supporting the country’s economic development despite Egypt’s slow economic growth. The stock market has provided funds in the form of initial and secondary offerings and increased capital through issuing bonus shares totaling EGP 37.72bn since mid-2013 until …
Egyptian Media Group signs deal with FEP for listing on Egyptian stock market
The goal is to increase the company’s capital to EGP 1bn by the end of the year to finance new acquisitions and restructure its subsidiaries
Deutsche Börse nabs majority support for LSE merger
The planned merger between the London Stock Exchange and the Frankfurt-based Deutsche Börse is moving closer towards reality, despite concerns raised by Brexit and stock market competitors.
SME financing ramps up in Egypt
Small and medium-sized enterprises (SMEs) have aided Egypt’s economic recovery, but there is still room for improvement, says report by Oxford Business Group
Opinion: The downfall of an institution
The once-proud Deutsche Bank is now threatening the global financial system. Things keep getting worse and worse, though Brexit offers a tiny glimmer of hope, writes DW’s Henrik Böhme.
Siemens, Gamesa merge to create wind power giant
Spanish renewable energy group Gamesa has agreed combine its wind power business with those of Germany’s Siemens in a deal that will create one of the world’s largest makers of wind turbines.
EFSA issues EGP17.2bn in approvals for companies, capital increases in Q1 2016
Stock market’s EGX-30 and EGX-100 decreased quarter-on-quarter
Myanmar opens its first stock market
The Yangon Stock Exchange officially opened for trading on Friday. Hopes are high that it will help transform Myanmar’s weak economy, once rife with corruption under its former military junta.
In Video: Government officials ring the bell for gender equality
Video by Menan Khater Edting by Omar Korashi
Decline in oil prices, fluctuations in stock market and currency exchange dominate EFG Hermes 12th Annual One on One Conference
EFG Hermes One on One aims to provide a suitable platform to review the most promising investment opportunities and developments in the economic markets in the Middle East and North Africa, representing one of the largest investment events of its kind in the region
Gulf’s markets post an average 3% increase
The slightest increase in the Gulf’s stock markets was recorded in the Muscat Securities Market (MSM), which inched up by 0.3% during the past week
Gulf markets decline once more
Qatar dropped by 2.04%
EGX-30 to fluctuate between 5,300 and 5,900 points
The acquisition of CI Capital by OTMT will reflect positively on the market