markets
After being a rice exporter, Egypt turned to be an importer to meet the people’s needs amid the monopoly practiced by merchants. The Ministry of Supply announced that it would offer a tender for rice importation to secure strategic storage.
Tokyo rose 0.5 percent, Hong Kong put on 0.7 percent, Sydney gained 0.6 percent and Singapore climbed 0.7 percent.
The market capital won more than EGP 13 billion to reach EGP 778.3 billion.
Asian share markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar.
Oil prices eased slightly on Tuesday, a day after hitting 3-1/2 year highs.
U.S. WTI crude futures CLc1 were at $65.40 a barrel, down 11 cents, or 0.2 percent from their last settlement.
EGX posted 13 further offerings (FOs) and four initial public offerings (IPOs) in 2017, recording a 70 percent increase in overall equity capital Market.
A wrap-up for the most prominent news circulated during the day.
Asian shares took a small step back on Tuesday after three straight sessions of gains.
Italy’s biggest utility Enel (ENEI.MI) pledged to spend more upgrading its networks in mature markets.
Under the partnership, Al Rajhi will offers access and execution opportunities for CI Capital's institutional clients.
A wrap-up for the most prominent news circulated during the day.
Asian shares scaled a 10-year high on Wednesday on the back of solid economic growth globally.
European shares were at a 5 1/2-month high and Italian bonds were set for their best month in over two years on Thursday.
A wrap-up for the most prominent news circulated during the day.
A number of investors have started to regain confidence in the Egyptian economy.
A wrap-up for the most prominent news circulated during the day.
The Federal Reserve must respond to “very tight” U.S. labor markets by gradually raising interest rates or risk halting the economic recovery, a hawkish Fed official said.
Investors should remain cautious despite - or even because of - all the signs pointing to further gains for markets
Top U.S. markets regulator said hackers accessed its corporate disclosure database and may have illegally profited by trading on the insider information stolen.
