Latest Stock Market News
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…
HHD board of directors to be announced before end of May
New board follows resignation of all previous members earlier in April
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…
EGX breaks 10,300 barrier amid selective buying opportunities
Expectations to test 11,000 points over weekend
FRA finalises Sukuk regulations’ amendments, paving the way for promising investment
several companies want to issue sukuk in 2020, including real estate investment,…
EGX rebounds on Egyptian purchases, holds above 9,000 points
Benchmark index to target 11,000 points on medium-term, says pundit
Foreign exits from EGX topple government market-support incentives
Market expected to test support levels between 8500-9000 points, says MEDAF
Stock market bloodbath continues
EGX drops 1.76%, Dow and S&P 500 both decline 3.4%, France’s CAC…
CBE starts EGX investment, raises hope of rebound
EGX 30 index closed at 9,912.98 points, recording an increase of 7.68%.…
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…