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money markets
Optimism at Egyptian Exchange performance though experts recommend caution
A state of optimism at the performance of the Egyptian Exchange (EGX) is dominating investors’ dealings.
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S. Africa Stocks Slip From Record as Miners Fall Most in a Month
South African stocks retreated from a record as shares in miners tumbled the most in a month, with metals prices falling amid doubts regarding the approval of a U.S. stimulus package.
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EGX30 rises above 11,400 pts at Thursday’s close
The Egyptian Exchange (EGX) closed Thursday’s trading session in the green territory on the back of foreign and Arab purchases.
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Asian stocks mixed as China’s December trade data beat expectations
Stocks in Asia-Pacific were mixed on Thursday as investors regionally reacted to Chinese trade data for December.
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EU stocks advance as U.S. stimulus hopes and China data boost sentiment
European stocks made tentative gains Thursday as hopes of substantial fiscal stimulus from the incoming U.S. administration and positive data out of China boosted sentiment.
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EGX gains EGP 760m in market cap at Tuesday’s close
The Egyptian Exchange (EGX) closed Tuesday’s trading session mostly on a positive note as the main EGX30 rose by 0.54% to 11,339 points.
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Consortium offers to acquire controlling stake in El Nasr for Agricultural Crops
A consortium containing Al Raed for Agricultural Production and Real Estate Investment and New Smart for Construction submitted an offer to acquire a controlling stake in El Nasr for Manufacturing…
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EGP continues its gains against USD on rising foreign reserves
The US dollar exchange rate dropped against the Egyptian pound by EGP 0.04 in the first week of 2021 as foreign reserves rose to more than $40 billion.
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EGX to launch new index for small- and mid-cap stocks in February
The Egyptian Exchange (EGX) is expected to launch a new index named “Tamayoz” which will include small- and medium-sized companies in February 2021.
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Gold prices in Egypt rise EGP 15/gram on Monday
Gold prices in Egypt increased by about EGP 15 per gram on Monday as the global price rose $1,930 per ounce.
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