EGX
The benchmark EGX30 inched up 0.09 percent, or 29.2 points, closing at 31,462.21 points.
The benchmark EGX30 declined 0.47 percent, or 149.38 points, closing at 31,433.01 points.
The benchmark EGX30 inched down 0.12 percent, or 38.9 points, closing at 31,582.39 points.
The IPO could raise between LE 4.2 billion and LE 5.1 billion, with the final price to be determined through a book-building process.
The benchmark EGX30 rose 0.72 percent, or 226.96 points, closing at 31,621.29 points.
The benchmark EGX30 rose 0.41 percent, or 126.86 points, closing at 31,394.33 points.
The bank expects to issue the shares on the EGX by Q4 2024, contingent on prevailing market conditions and the finalization of approval procedures.
The benchmark EGX30 rose 0.58 percent, or 182.18 points, closing at 31,459.09 points.
Tabarak Holding is set to make its long-awaited debut on the Egyptian Exchange (EGX) in the second half of 2025, according to chairman Ali Al Shorbany, planning to list 30 percent of its shares, marking a significant milestone for the company as it seeks to raise capital for future projects.
The benchmark EGX30 inched down 0.05 percent, or 15.87 points, to end at 31,022.54 points.
The CBE said that the offering is expected to take place before the end of the first quarter of 2025.
Benchmark index EGX 30 jumped by 1.27 percent to close Wednesday trading with 30,485.63 points, with the Shariah index up by 0.93 percent to hit 2,940.39 points
Benchmark index EGX 30 jumped by 1.27 percent to close Wednesday trading with 30,485.63 points, with the Shariah index up by 0.93 percent to hit 2,940.39 points
El-Sheikh emphasized the intention to expand and diversify the range of financial products available to investors and to boost liquidity in both markets.
Tuesday trading saw 752.9 million shares exchanged with a turnover of LE 3.25 billion.
Trading on securities saw Egyptian investors as net buyers with LE 224.83 million. Foreign and Arab investors were net sellers with LE 117.73 million and LE 107.10 million, respectively.
The Egyptian Exchange (EGX) kicked the week off in the green zone, closing with a market capitalization of LE 1.9232 trillion.
The Egyptian Exchange (EGX) kicked the week off in the green zone, closing with a market capitalization of LE 1.9232 trillion.
Consisting of 33 companies from various sectors, the newly-launched EGX33 index adheres to a methodology approved by the shariah supervisory committee
Returning to the green after starting the week in the negative, the Egyptian Exchange (EGX) pulled itself up with benchmark index EGX 30 seeing an uptick of 0.93 percent to 25,896.56 points on Monday.
