Stock Exchange

EGX ends Tuesday in green despite slight decrease in market cap. amid local, Arab purchases

Tue, 21 Jun 2022 - 02:25 GMT

The benchmark EGX30 rose 0.18 percent, or 17.7 points, to end at 9,697.88 points.

EGX posts collective losses at close of Monday trading

Mon, 28 Mar 2022 - 06:02 GMT

The market capital lost about LE 6 billion, closing at LE 724.3 billion after transactions that totaled LE 1.017 billion.

EGX ends Monday in green, market cap. gains LE31.43B

Mon, 21 Mar 2022 - 03:28 GMT

The benchmark EGX30 hiked 4.90 percent, or 537.43 points, to end at 11,511.15 points.

FRA expects trading on “Nahr Al-Khair” shares to start this week

Mon, 17 Jan 2022 - 03:32 GMT

The Egyptian Stock Exchange's listing committee had agreed at the end of last December to list the shares of Nahr Al-Khair Company, with an issued capital of LE 200 million, divided into two billion shares, with a nominal value of 10 piasters per share.

Bourse posts collective losses at end of Monday trading

Mon, 27 Dec 2021 - 03:15 GMT

The EGX 30 benchmark index decreased 0.05 percent to stand at 11,849.79 points.

FRA issues 6 recommendations to revitalize Egyptian Stock Exchange

Wed, 17 Nov 2021 - 04:52 GMT

The Financial Regulatory Authority (FRA) held a meeting to discuss ways to enhance the trading environment and controlling transactions in the Egyptian Stock Exchange.

Egypt's bourse trades in green zone during Monday, market cap. gains LE6.2B

Mon, 01 Feb 2021 - 02:28 GMT

The benchmark EGX30 rose 0.37 percent, or 43.19 points, to end at 11,589.34 points.

How will commodity stock exchange company help Egyptian consumers?

Sat, 12 Sep 2020 - 02:06 GMT

Egypt announced establishing its first commodity exchange company as part of the country’s plan to develop its internal trade, as the commodities exchange will provide protection to small farmers and producers.

Foreigners exit from Egypt’s bourse by $500M: CBE governor

Mon, 30 Mar 2020 - 10:49 GMT

Amer added that CBE’s LE20 billion-support to EGX came as a result of these exits, which pushed the bourse upward in a time all global exchanges were losing.

Mubarak’s sons acquitted of stock market manipulation charges

Sat, 22 Feb 2020 - 11:32 GMT

The charges included embezzling at least 493.628 million, after they decided to sell Al Watany Bank of Egypt for profiteering via selling the bank assets in the stock exchange.

Egypt's bourse loses LE 63.7 billion in May

Fri, 31 May 2019 - 12:17 GMT

The market capital hit EGP 745 billion in May, compared with EGP 808.7 billion reported last month, recording a decline of 7.9 percent.

Bourse loses EGP 19.5 bn in June, indices retreat

Fri, 29 Jun 2018 - 10:34 GMT

The market capital hit EGP 910.8 billion, compared with EGP 930.3 billion reported last month, recording a decline of 2.1 percent.

ZTE shares set to resume trading after US reprieve

Tue, 12 Jun 2018 - 08:35 GMT

Shares in Chinese smartphone maker ZTE are set to resume trading in Hong Kong Wednesday.

Saudi stock exchange ready to handle Aramco listing: CEO

Wed, 02 May 2018 - 09:31 GMT

Saudi Arabia’s stock exchange (Tadawul) is ready from a regulatory and technical point of view to handle a listing of Saudi oil giant Aramco.

State IPO program aims to invigorate stock market: PM

Sun, 08 Apr 2018 - 02:41 GMT

PM Ismail said the program does not aim to lay off workers but seeks to support the companies' capabilities to grow.

Sisi discusses economic performance in 2017/18, new budget

Sat, 10 Mar 2018 - 05:05 GMT

President Abdel Fatah al-Sisi held a meeting Saturday with Finance Minister Amr el-Garhy and his deputies to review performance in fiscal year 2017/18.

Purchases by foreign investors reach highest daily rate ever Wednesday

Wed, 28 Feb 2018 - 04:02 GMT

Foreign investors have intensified their purchases in today’s session at EGX to register LE 3.1 billion, the highest rate in the history of EGX.

HKEX executive says maintaining active dialogue with Saudi Aramco on IPO plan

Wed, 28 Feb 2018 - 03:12 GMT

Hong Kong Exchanges & Clearing (HKEX) is still maintaining an “active” and “good conversation” with Saudi Aramco about its planned massive share sale.

Ahead of Aramco IPO, Nasdaq says dual listing key for more liquidity

Tue, 13 Feb 2018 - 11:40 GMT

Chief executive of Nasdaq Adena Friedman said Monday that large companies with dual listings in different time zones can generate more liquidity from investors.

Global shares fragile, U.S. yields creep up after U.S. budget deal

Thu, 08 Feb 2018 - 08:23 GMT

Global share markets remained shaky on Thursday as U.S. bond yields crept up towards four-year highs.

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