Tag: Egyptian Exchange

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.

A quiet EGX week expected, despite major firms’ strong financial results

Head of technical analysis at Pharos Holding Mohamed Osman believes the benchmark…

February 22, 2020

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.

Market maker licence expected to be out this month

Beltone, Hermes, Shuaa, Arqaam are top nominees to begin

February 15, 2020

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 expected to continue its positive performance towards 13.900 points

Possible deals of merging or acquisition of Vodafone Egypt, Cleopatra Hospitals increase…

Daily News Egypt

February 10, 2020

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.

Vodafone’s possible acquisition deal reinforces EGX to test 15,000 points

Market capital up 1.5% reaching EGP 708.1bn

February 2, 2020

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 expected to test 14,500 points this week

Banking sector led EGX recovery last week: EAC chairperson

January 19, 2020

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 back in green zone amid expectations to test 14,000-14,200 pts this week

The market targets 14,100 points in preparation for further upsurge, says Naeem…

January 11, 2020

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.

Positive outlook for EGX in 2020

Future profitability multiplier for the Egyptian market is set at 10.6x: Shuaa

January 5, 2020

Three state-owned companies are ready for EGX stake offering

Egypt will offer 22% to 25% of the shares in HHD in…

November 27, 2019

Leading shares expected to test resistance level at 15,000 points this week

Ahmed Fahim, head of technical analysis at Al-Shorouk Brokerage Company, said that…

November 3, 2019

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.

Lower inflation and interest rates herald green week on EGX

Market lack of response to lower operating costs and lower gas and…

October 13, 2019