Latest Stock Market News
Strong USD drives EGX up by 500 points during last week
Potential slowdown in upward movement as the index reaches 13,000 points, says…
EGX issues new controls to limit practices harmful for market
The decision is applicable in case of control violations of the capital…
A proposal to reduce stamp tax supports the cohesion of EGX
The Egyptian Exchange (EGX) indexes strengthened at the end of last week,…
EFSA approves deal to sell CI Capital to Arab and Egyptian investors
This comes after the deal of selling CI Capital Holding to Naguib…
Finance Ministry proposes stamp tax on EGX transactions
Tax starts at 1.25‰ in the first year and will reach 1.75‰…
Expectations of EGX’s rebound to continue towards 13,000 points this week
Analysts in the market expect the rebound of the Egyptian stock exchange…
Nile Cotton Ginning calls for EGX, EFSA to return to trading on shares
Negotiations with the government reached a dead end and the current solution…
T+0, T+1 mechanisms increase by 40% of daily trading
MCDR targets interconnection with ADX and develop storage capacities by 2017, Abdul…
EFSA studying permission for T+0 mechanism for fund managers
Head of the Egyptian Financial Supervisory Authority (EFSA), Sherif Samy, told Daily…
Analysts expect EGX to move sideways awaiting CBE’s decision on interest
Bourse awaits Banque du Caire placement, following approval to list its EGP…