Tag: EGX

A general view of the Egyptian Exchange (EGX) in Cairo August 18, 2013. Egypt's stock market fell sharply on Sunday as it resumed trading after hundreds of people were killed in a crackdown by the army-backed government on supporters of the Muslim Brotherhood. Banks and the stock market reopened for the first time since Wednesday's carnage, with shares rapidly falling 2.5 percent.

EGX rises 3.26% with market capitalisation up EGP 11.2bn

The market capitalisation rose by EGP 11.2bn to EGP 555.3bn after the…

Daily News Egypt

April 23, 2020

A general view of the Egyptian Exchange (EGX) in Cairo August 18, 2013. Egypt's stock market fell sharply on Sunday as it resumed trading after hundreds of people were killed in a crackdown by the army-backed government on supporters of the Muslim Brotherhood. Banks and the stock market reopened for the first time since Wednesday's carnage, with shares rapidly falling 2.5 percent.

EGX breaks 10,300 barrier amid selective buying opportunities

Expectations to test 11,000 points over weekend

Daily News Egypt

April 14, 2020

EGX rebounds on Egyptian purchases, holds above 9,000 points

Benchmark index to target 11,000 points on medium-term, says pundit

April 7, 2020

Traders work near the exchange bell at Egypt's Stock Exchange (EGX) in Cairo July 3, 2013. Cairo's benchmark dipped 0.3 percent, slipping off a three-week high and extending 2013 losses to 9 percent. Bourse data showed that foreign investors were sellers but Egyptians remained net buyers on hopes a military intervention would put an end to the Islamist president's rule. REUTERS/Mohamed Abd El Ghany (EGYPT - Tags: BUSINESS)

Foreign exits from EGX topple government market-support incentives

Market expected to test support levels between 8500-9000 points, says MEDAF

April 5, 2020

Stock market bloodbath continues

EGX drops 1.76%, Dow and S&P 500 both decline 3.4%, France’s CAC…

April 1, 2020

EGX develops ‘electronic trading support systems’ to ensure work continuity

60% of employees now working outside of office: EGX Chairperson

Daily News Egypt

March 30, 2020

Outflow of foreign investments in EGX reaches $500m: CBE Governor

CBE has EGP 1trn of excess liquidity, deferred loan installments recorded EGP…

Daily News Egypt

March 29, 2020

Traders work near the exchange bell at Egypt's Stock Exchange (EGX) in Cairo July 3, 2013. Cairo's benchmark dipped 0.3 percent, slipping off a three-week high and extending 2013 losses to 9 percent. Bourse data showed that foreign investors were sellers but Egyptians remained net buyers on hopes a military intervention would put an end to the Islamist president's rule. REUTERS/Mohamed Abd El Ghany (EGYPT - Tags: BUSINESS)

CBE starts EGX investment, raises hope of rebound

EGX 30 index closed at 9,912.98 points, recording an increase of 7.68%.…

March 28, 2020

A general view of the Egyptian Exchange (EGX) in Cairo August 18, 2013. Egypt's stock market fell sharply on Sunday as it resumed trading after hundreds of people were killed in a crackdown by the army-backed government on supporters of the Muslim Brotherhood. Banks and the stock market reopened for the first time since Wednesday's carnage, with shares rapidly falling 2.5 percent.

Listed companies turn to share buybacks to compensate for EGX losses due to coronavirus

These companies include Palm Hills Developments, Eastern Company, Orascom Development Holding, GB…

March 28, 2020

Traders work near the exchange bell at Egypt's Stock Exchange (EGX) in Cairo July 3, 2013. Cairo's benchmark dipped 0.3 percent, slipping off a three-week high and extending 2013 losses to 9 percent. Bourse data showed that foreign investors were sellers but Egyptians remained net buyers on hopes a military intervention would put an end to the Islamist president's rule. REUTERS/Mohamed Abd El Ghany (EGYPT - Tags: BUSINESS)

Coronavirus fears erase EGX gains despite government stimulus

EGX30 down 2.76%, with turnover falling to EGP 762m

March 25, 2020