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Latest Stock Market News

EGX targets 10,800 points resistance level, should 10,650 points barrier be surpassed

Market is currently witnessing fluctuation, particularly off back of anticipated results of…

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EGX loses over EGP 10bn due to panic selling in CIB shares

CIB price falls by 10%, but purchases by local portfolios and funds…

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EGX expects good performance as CIB deposit certificates climb on LSE

Slight selling pressure is projected at beginning of Sunday session

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EGX falls over growing foreign sales fuelled by fears of second COVID-19 wave

Expectations for sideways trend to continue between 11,200 and 11,500 points, with…

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How to Trade Bitcoin in 2020

Bitcoin trading is also important now more than ever, due to the…

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EGX awaits IPOs of 3 e-payments companies in 2021

Fawry sees shares jump 300% within 12 months, encourages electronic payment companies…

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Traders expect improved EGX performance on back of interest rate cuts 

Accordingly, they expect Sunday’s trading session to witness the results of the…

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EGX to see sideways trend this week on lack of market catalysts

Analysts forecast EGX to break the 11,200 points barrier this week

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EGX expected to test 11,200 point resistance level this week

Last week, market capitalisation reached EGP 616.8bn, down by 1.7%

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EGX correction expected to dominate performance pending new stimuli

EGX30 targets support level of 10,800 - 10,970 points this week

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