Latest in Tag: stocks Highlight
Latest in Tag: stocks
EGX Chairperson holds meetings with market parties to promote institutional investment in stocks
In implementation of the decisions issued by Prime Minister Mostafa Madbouly, and in an attempt to complement the efforts of the EGX’s management, all parties are coordinating with one another to increase government institutional investment in the stock market in particular.
EGX experiences severe collapse, most stocks exceed maximum decline
Significant declines in Tuesday session attributed to ‘domino effect’, ‘marginal positions’, says Yasser El-Masry
Adopting conservative attitude, selected stocks purchases are best investment policy
EGX30 closes at 11,380.55 points, recording decline of 1.44% last week
US stocks plunge amid concerns over GameStop frenzy
US stocks tumbled on Friday as retail trading frenzy rattled investors. The Dow Jones Industrial Average plunged 2.03%, to 29,982.62, the first time the 30-stock gauge has closed below the 30,000 mark since December 14.
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
Mutant coronavirus fears impose state of uncertainty in Egyptian Exchange
Benchmark EGX30 falls by 1.5%, to close at 10,683 points last week
Tokyo stocks close lower on earnings concerns, firm yen
Investor sentiment remained pessimistic sending Tokyo stocks lower for a fourth straight day amid concerns about continued negative impact of the pandemic
Tokyo stocks open lower as investors tentative ahead of long weekend
As of 9:15 a.m., Tokyo 225-issue Nikkei Stock Average lost 43.97 points, or 0.19 percent, from Tuesday to 22,840.25.
US stocks jump after Fed on hold, encouraging news on antiviral drug
US stocks index Dow Jones Industrial Average jumped 2.21%. S&P 500 rose 2.66%, Nasdaq Composite Index rallied 3.57%
Global meltdown: stocks, crude oil futures in free fall on rising COVID-19 cases, OPEC price war
The stock markets bloodbath triggered the first-ever forced trading halt in the US and similar measures in Egypt, Europe, Asia, and Gulf Cooperation Council (GCC).
EGX halts trading shortly on stocks of 21 companies after incurring 5% decline
The EGX management has suspended trading on the shares of 21 listed companies for 10 minutes in the last hour of Monday’s trading, as a result of incurring 5% decline.
Drop in leading stocks pushes EGX30 to decline further, though expected to bounce back this week
Rameda IPO disappoints and deepens the wounds of EGX, says Mohamed Kamal
Real estate stocks take the spotlight, boosting EGX trading this week
Upward movements within a transverse range await more new catalysts
Delta Sugar sells beet sugar stocks worth EGP 1bn before end 2019
Export of 100,000 tonnes of molasses before year end: Farid
Egypt shares resume rally as foreign investors hunt for cheap valuations stocks
EGX 30 index gained 177.77 points, 1.26%, closes at 14,261.25 points
European stocks rebound after worst week in two years
Europe’s main stock markets recovered at the start of trading on Monday following tentative rebounds in Asia. However, analysts believe volatility will remain high amid fears of rising inflation in the United States.In the eurozone, Frankfurt’s DAX 30 rallied 1.1 percent to 12,238 points and the Paris CAC 40 advanced 1.0 percent to 5,130 in …
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
Banks and real estate stocks “top pick” in wake of interest rate increase: analysts
Investors are more likely to pump more cash in these stocks to maximise profits
Stocks soar on cautious US Fed and Dutch election relief
European shares have hit their highest level in 15 months amid a mounting feelgood mood delivered by the prospect of a less sweeping tightening of US rates and a Dutch vote that held back a populist tide in Europe.In early trading on Thursday, the pan-European STOXX 600 index hit its highest level since December 2015, …
Recommendations for selective purchasing of stocks as EGX30 moves sideways
EGX expected to move between 11,200 to 11,500 points
Financial portfolios undergo restructuring amid tendency to invest in stocks of export companies: investment managers
Investment in shares is more attractive compared to fixed-income instruments despite increase in interest rates by 3% on Thursday, say investment managers
Turkish central bank cuts rates after failed coup
Turkish stocks and the lira have remained under selling pressure after a failed coup shook the country on Friday, now forcing the central bank to lower interest rates for the fifth consecutive month.
Strong dollar increases chances for real estate stocks to rise supported by strong financial performance
Most real estate stocks have been on the rise over the past four months, recording various high rates. This rise came as a result of the recent economic developments that affected investors and their savings instruments, especially real estate, after the Central Bank of Egypt (CBE) devalued the Egyptian pound from EGP 7.73 to EGP …
Botched coup weighs on Turkish shares
Stocks in Turkey opened lower after the weekend’s failed coup attempt, while the government in Ankara insisted the negative consequences would only be temporary. Some experts aren’t quite so optimistic. Shares listed on the Istanbul stock exchange were down 5 percent after parts of the Turkish military tried to seize power from the government Friday …
UK stocks erase all post-vote losses
London’s benchmark FTSE 100 stock index has erased all its post Brexit vote losses on a wave of bargain hunting activities. Energy and financial shares were among the biggest winners after slumping right after the vote.
US stocks slide as Brexit fallout worsens
US bank shares have led a steep decline on Wall Street as aftershocks from Britain’s vote to leave the European Union have roiled global markets again. Traders were uncertain about London’s future as a finance capital.
World stocks rally as Britain votes on Brexit
Share markets around the world have gained on expectations that Britain would vote to stay in the EU. European stocks rose for the fifth day running on Thursday, while the British pound hit a 2016 high.
Expectations of more companies issuing GDRs amid warnings of attracting liquidity from leading stocks
Investment managers say companies are seeking foreign investments through GDRs in light of the US dollar shortage, while local investors hide behind foreign institutions to obtain revenue in US dollars instead of Egyptian pounds
China expands US access to domestic stocks
China is easing US access to domestic stocks and bonds and has pledged to curb the flood of its steel on the global market in a two-day dialogue between the two countries – but they didn’t agree on everything.
EGX-30 to range between 7,600 points and 8,100 points
Market capitalisation of listed stocks increased by 2.2% this past week