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
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 maintains sideway movement in absence of incentives

EGX30 closed at 11,667.73 points, recording an increase of 1.15%. EGX70 EWI…

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 has high chances to test resistance level of 11,730 points

The benchmark index EGX30 closed at 11,534.63 points, recording an increase of…

Alyaa Stohy Alyaa Stohy
Euro-Asian Stock Exchanges

Improving investment environment in financial markets is top priority for Euro-Asian Stock Exchanges: Farid

Farid asserted that the FEAS works on enhancing the capabilities of member…

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 eyes breaking 11,500 points resistance level

The benchmark index EGX30 closed at 11,318.35 points, recording a decline of…

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 expected to continue sideways movement between 11,300 – 11,750 points

The benchmark index EGX30 closed at 11,431.24 points last week, an 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.
EGX

Recovery expected in EGX performance after government’s incentives package

He also ordered the establishment of a special unit in the General…

Alyaa Stohy Alyaa Stohy
trading

5 Best Trading Platforms in Africa

Trade is a significant driver of economic growth.

Daily News Egypt Daily News Egypt
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.
E-Finance

EGX poised for real test between continued e-finance shares celebrations, profit-taking

The huge trading in the share of the fintech company brought the…

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.
Aspire Capital

Aspire Capital establishes microfinance company with EGP 30m capital

New firm in process of obtaining necessary licences from Financial Regulatory Authority

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.
E-Finance

IPO of state-run fintech platform ‘e-finance’ expected to be covered 50 times

Despite optimism among EGX traders about e-finance offering, inflation and energy crises…

Alyaa Stohy Alyaa Stohy