Latest in Tag: stock market Highlight
Latest in Tag: stock market
Slump hits trading on corporate bonds on stock market
Experts attribute zero trading to companies’ reluctance to issue new bonds, depreciation of pound, and public banks issuing investment certificates with a yield of 12.5%
We will not put depositors’ money at risk by investing in stock market: Banks
Foreign banks prevent branches from investing in stock market, Egyptian banks resort to creating subsidiary companies, investment funds
Savings certificates, bonds, foreign deposits prove immune to stock market crisis
Small investors’ portfolios lost an average of 70% of their value, prompting investors to look for safe investment alternatives
Foreigners lead stock market to decline in January
Foreign investors’ transactions registered net sales of EGP 548.85m
Analysts predict EGX-30 to remain insulated from larger downward trends
All indexes witnessed a surge during the past week
January’s final weeks see surge in Gulf stock market
Saudi Arabia’s market surged by 7.62% and Abu Dhabi’s followed, increasing by 4.64%. Muscat’s bourse also increased by 3.07% and Kuwait inched up by 1.3%
EGX-30 predicted to decline to 5,600 points during trading week
The cumulative deterioration in EGX-30 last week was 15.38%
EGX-30 down 2% despite opening session of parliament
A total of 596 MPs were sworn into office during the first hours of the session.
EGX aims to close between 6990 – 7050 points Sunday
Analyst predicts conservative first week movement in stock performance as there are low expectations for the Egyptian economy 2016
Stock market performance in 2015
15 new companies listed in the EGX in 2015
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
Stock market main index drops again
The day started with an increase in the benchmark index but ended with another loss
Wide unease among business community over Salah Diab’s arrest
In light of the lack of transparency in the case, businessmen begin speculating over the arrest, fearing they too may be targeted
Following release of savings certificates, EGX sheds EGP 8.5bn
UK and Russia’s suspension of flights takes toll on stock market
OTMT, Act Financial set EGP 4 per share to acquire Beltone
EFSA is studying the offer
Trading on Amer Group, Porto Group stocks kicks off Thursday
Amer Group offers lands, while Porto Group will act as the real estate developer
7 FIHC subsidiaries record EGP 15bn revenues in FY 2014/2015
FIHC aims to launch stock market issuances to increase capital
High levels of liquidity support raising stock market
Transactions of Egyptians and Arabs tended towards buying, while foreigners’ transactions tended towards selling
Qalaa Holding registers EGP 84.7m losses
Company reported EGP 2.08bn in revenues in Q2 of 2015
ADB Chief Economist: Claims of China’s growth collapse ‘greatly exaggerated’
The recent stock market plunge has exacerbated worries about the Chinese economy. Nonetheless, ADB Chief Economist Shang-Jin Wei tells DW China is still on track to reach a growth rate not far from the 7 percent target. Cheered by a rally in US stocks and a domestic interest rate cut, Chinese stocks rebounded from five …
Capital market plummets 5.42%, losses of EGP 15.4bn
Egyptian capital market saw 33-month low on Sunday
Renaissance Capital reduces Edita’s target price to EGP 31.1 per share
Edita recorded net profits of EGP 148.2m in H1 of 2015
Arabian Cement studies selling frozen shares
Company held an IPO in May 2014
Beltone obtains NASDAQ Dubai membership
Membership underlines expansion of capital markets cooperation between Egypt and the UAE, says Hamed Ali
EGX has sufficient liquidity to finance canal projects: Chairman
Consultations began with government agencies, including Suez Canal Authority to issue companies’ shares in stock market
Beijing springs to action as China shares gyrate
Asian markets were mostly down on Tuesday as Shanghai saw another day of wild volatility a day after the heaviest one-day losses in more than eight years. China's government pledged to lend further support. China's benchmark Shanghai stock index closed down 1.7 percent on Tuesday, slashing losses from earlier in the day but still defying government efforts to improve sentiment…
Travel, leisure sector fluctuates on EGX
Performances of sectors have suffered roller-coaster ride since the beginning of the year
Dim international and domestic news pushes EGX down
EFG-Hermes unlikely to use stabilisation fund to support Emaar Misr’s stock in next 30 days, an official said
Arab Development and Real Estate Company buys New Cairo land for EGP 3.5m
Company says it will establish real estate projects on 1,000 sqm of land
Broad consultations with public companies, Arab Contractors to be listed on stock market: EGX head
We are aiming for 4.5% economic growth, 10.5% deficit and unemployment below 12% by fiscal year-end, says Mehleb