Stock Market

Follow the latest Daily News Egypt news on stock markets, finance, hedge funds and private equity, from Egypt and across the globe.

Latest Stock Market News
FRA

FRA finalises Sukuk regulations’ amendments, paving the way for promising investment

several companies want to issue sukuk in 2020, including real estate investment,…

Alyaa Stohy
Alyaa Stohy
EGX

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

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

Alyaa Stohy
Alyaa Stohy
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)
EGX

Foreign exits from EGX topple government market-support incentives

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

Alyaa Stohy
Alyaa Stohy
coronavirus

Stock market bloodbath continues

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

Mohamed Samir
Mohamed Samir
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

CBE starts EGX investment, raises hope of rebound 

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

Alyaa Stohy
Alyaa Stohy
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.
buybacks

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…

Alyaa Stohy
Alyaa Stohy
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

Coronavirus fears erase EGX gains despite government stimulus

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

Alyaa Stohy
Alyaa Stohy
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

EGX celebrates Al Sisi-ordered investment but global stocks’ fall halves gains

CBE's initiative should focus on absorbing sale shocks not pushing prices up,…

Alyaa Stohy
Alyaa Stohy
Banque Misr

Will EGX rally on NBE, Banque Misr EGP 3bn package continue, or will it be short-lived?

EGX30 down 17.7% last week despite Thursday's session 5% increase

Alyaa Stohy
Alyaa Stohy
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.
Arabs

Sales of Arabs, foreigners push EGX30 down by 4.8%

EGX keeps dwindling despite tax incentives, interest rates slash

Alyaa Stohy
Alyaa Stohy