Egypt | - Part 11

Egypt Equity Watch | 21st July 2015: Egyptian equity markets indices start week on a high, EGX30 up 26.78 bps, market cap adds EGP 171 mill…

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index, EGX70, EGX100 and the EGX20 capped index started the week on a high today with most of the Indices recording rises and market capitalisation topping EGP 486,708 Million. The benchmark index EGX30 closed on 8049.69 up 26.78 points to end the day with an increase of 0.33 percent from its previous close of 8022.91 points (with the resultant year-to-date performance of -9.82 percent and equal to 3,534 points in US$ terms). The EGX20 capped index was up 1.44 points, gaining by 0.02 percent to close at 8088.23 up from 8086.79 recorded…

Egypt Equity Watch | 16th July 2015: Egyptian equity markets indices end week on a high, EGX30 up 140.92 bps, market cap tops EGP 486 mill…

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index, EGX70, EGX100 and the EGX20 capped index ended the week on a high today with most of the Indices recording rises and market capitalisation topping EGP 486 Million. The benchmark index EGX30 closed on 8022.91 points up 140.92 points to end the day with an increase of 1.78 percent from its previous close of 7882.62 yesterday (with the resultant year-to-date performance of -10.12 percent and equal to 3,523 points in US$ terms). The EGX20 capped index was up 204.39 points, gaining by 2.59 percent to close at 8086.79…

Egypt Equity Watch | 9th July 2015: Egyptian equity markets indices show late rally, EGX30 ends the week up 88%, market cap ends at EGP 474 mill…

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index, EGX70, EGX100 and the EGX20 capped index ended the week with a late rally today with most of the Indices recording rises and market capitalisation settling at EGP 474,007 Million. The benchmark index EGX30 closed up 66.41 points increasing by 88 percent to end the day at 7617.49 points from its previous close of 7550.68 yesterday (with the resultant year-to-date performance of -14.67 percent and equal to 3,345 points in US$ terms). The EGX20 capped index was…

Egypt Equity Watch | 7th July 2015: Egyptian equity markets indices continue to dance in the red, Market cap loses EGP 4.8 Mill…

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index, EGX70, EGX100 and the EGX20 capped index continue in the red today amidst the Greek crisis with most of the Indices sustaining losses and market capitalisation dropping EGP 4.8 Million. The benchmark index EGX30 closed down 117.84 points dropping -1.50 percent to end the day at 7752.94 points from its previous close yesterday (with the resultant year-to-date performance of -13.15 percent and equal t 3404 in US$ terms). The EGX70 index, which measures small and…

Egypt Equity Watch | 6th July 2015: Egyptian equity markets Benchmark index drops -4.23 %, Small cap Index and all sectors also down…

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index, EGX70, EGX100 and the EGX20 capped index were all in the red today with the markets registering lowered trading activity today. The benchmark index EGX30 dropped -4.23 percent to end the day at 7870.78 points down 347.93 points from its previous close yesterday (with the resultant year-to-date performance of -11.83 percent). Likewise, EGX70, which measures small and mid-cap index, plunged -3.08 percent to settle at 425.02 points down 13.49 points (-24.83 percent…

Egypt Equity Watch | 5th July 2015: Egyptian equity markets Benchmark Index dives 1.16% as market cap reaches EGP 496 billion

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index dived 1.16 percent however market activity by Nationals pushed market capitalisation to EGP 496.131 billion arresting a weakening market through increased mid cap trading volumes. The benchmark index EGX30 dropped 1.16 percent to end the day at 8218.25 points (with the resultant year-to-date performance of -7.9351 percent). Likewise, EGX70, which measures small and mid-cap index, plunged -0.85 percent to settle at 438.51 points (-22.4466 percent year-to-date return). The broader index EGX100 slumped…

Egypt Equity Watch | 2nd July 2015: Egyptian equity continue downward, market cap down EGP 1.2 billion

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets continued its downward trend losing EGP 1.19 billion in market capitalization, confirming a weakening market which ended at EGP 483.980 billion; relative to EGP 485.175 billion recorded at yesterday’s trading session. The benchmark index EGX30 dropped 0.68 percent to end the day at 8314.72 points or 56.81 points from the previous days value of 8,371.53 points (with the resultant year-to-date performance of -6.8544 percent). Likewise, EGX70, which measures small and mid-cap index, plunged by -0.55 percent or 2.43 points to settle at 442.26…

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