Tag: EGX

EGX jumps 5% during Wednesday trading, supported by IMF loan

The expected $12bn loan agreement with the IMF prompted institutions to increase…

Mohamed Ahmed

Egypt to sign contracts in 3 months for shares of state-owned banks, oil companies on EGX 

The IPO programme will span 5 years and priority is given to…

Mohamed Ayyad

Foreign cash flow must be transferred to banking sector via EGX due to US dollar crisis

Recent amendments aim to keep up with the economic conditions and not…

Mohamed Ahmed

EGX expected to stay at 7,400 during Sunday trading

Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…

Mohamed Ahmed

InterCairo Aluminum to float 30% of shares in EGX during December

InterCairo Aluminum Industry awaits approval from the Egyptian Exchange to begin the…

Mohamed Ahmed

EGX expected to range from 7,550 to 7,600 points during Sunday trading

Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…

Mohamed Ahmed

Potential devaluation of pound causes EGX30 to rise to highest rate in 4 months

The transactions of Egyptians and Arabs were net buyers, while non-Arab foreign…

Daily News Egypt

EGX expected to move between 7,050 and 7,300 points this week

EGX closed at 7,182.8 points on Monday, with a 2.88% increase.

Mohamed Ahmed

EGX expects to move between 6,900 and 6,990 points during Sunday trading

The EGX closed on Thursday at 6,942.52 points, with a 0.15% increase.

Mohamed Ahmed

Foreign investors register net purchases of EGP 2.137bn on EGX over 3 months

EFSA receives 103 new complaints against financial supervisory agencies and solves 106…

Mohamed Ahmed