Latest in Tag: stock market Highlight
Latest in Tag: stock market

Abraj Misr to finish asset evaluation end of 2015 to list 15% on stock market
Company intends to pump EGP 2.5bn into building two tourist marinas on east and west coasts of Gulf of Suez
Halting capital gains tax blow for social justice: ECESR
Government continues to pursue same polices undertaken by NDP, by favouring interests of investors and businessmen over those of citizens, the statement read

Halting capital gains tax means government supports investment climate: Omran
Prime Minister and Minister of Investment opened Monday’s trading session
$290m public offering on LSX for IDH concluded
Offering raised total demand in excess of $3.7bn, listing was 11.2 times oversubscribed, EFG Hermes said

Edita’s BOD approves EGP 175m loan
Company registers EGP 81m during Q1 2015

EGX-30 drops 1.92%, bourse losses register EGP 8.13bn
Total losses of the week recorded EGP 19.5bn so far

Capital market sheds EGP 7bn
ICFC announced intention to increase capital from EGP 30m to EGP 45m early Monday

MIDOR, Gas Cool, El-Neel oil marketing seek bourse listing
Ministry of Supply also studying FIHS’ listing

EGX sheds EGP 7bn
The market registers its largest drop since the beginning of 2015

MOPCO lists on EGX with EGP 2.3bn
MOPCO is third biggest nitrogen producer globally

Public companies’ IPOs will be through capital increase: Omran
Investors do not mind applied taxes, but seek a clear and simple mandate, EGX chairman said

University students live the stock market moment
Model Egyptian Stock Exchange is taking place next week

74.2% Y-o-Y increase in Palm Hills’ revenues
Net profit reached EGP 353.3bn, according to real estate company

Ministry of Supply studies listing FIHC in stock market
Ministry of Petroleum is also studying possibility of capital market listing

Capital market sheds EGP 9.2bn
Trading day delayed for a minute to mourn lost Egyptian lives

Postal Authority contracts with 6 companies to manage stock market portfolios in stock market
Khaled Negm, Chairman of NPA, said that the contract was relevant for a limited practice tender in June 2014, with 18 companies registered.

On first day of Putin’s visit, stock indexes slightly drop
Positive yields from Putin’s visit could influence the capital market on the long term

6-year-high in capital market, EGX-30 reaches 10,055 points
13 companies listed during 2014, new listings expected in 2015

Capital market gains EGP 6bn on EFTs’ first trading day
EGX committee approved listing of ETFs in 2014 with initial value of EGP 10m

OHD offers 15% of stocks at EGP 506m
33m stocks were offered by the company
New bid to acquire Arab Dairy offered, EFSA announces
Al-Nour Company for Dairy Product offers EGP 58 per share

Stock market sheds EGP 12.4bn, all market indexes decline
A further drop in oil prices results in additional losses for the Egyptian capital market

Up to six companies to be listed on stock market: EGX chairman
Four companies have already listed in the market during 2014, with more to follow

EGX requests financial disclosure from listed companies
Stock market has witnessed series of significant losses during past week

Capital market sheds over EGP 14bn
Egyptian markets influenced by losses in the international and Arabian capital markets

Euromoney Conference: New IPOs to revive stock market
Opportunities in petrochemical, real estate, and start-up companies

Capital market eager to present exchange traded funds (ETF) to investors: EGX chairman
Infrastructure, telecommunication and real estate show stock market promise

MOPCO to be listed in capital market early 2015: Company chairman
Chemicals company to launch IPO following completion of expansion projects
CIRF, Rasmala Securities halt technical evaluations of companies bidding to manage Egypt Post portfolio
Six qualifying companies for tender include HC, Prime, Hermes and Alpha

Stock market surpasses 9000 points for first time since 2008
CEO of Catalyst Partners Finance and Stock denies relation between the surge and the Suez Canal Axis Development project inauguration