Africa stock market

Cairo, Egypt (Capital Markets in Africa):-Egyptian equity market retreated at the end of today’s trading sessions. The market capitalization declined from EGP 508.595 billion to EGP 506.089 billion (that is lost over EGP 2.5 billion). The benchmark index EGX30 fell by 0.78 percent or 71.16 points to close the day at 9050.76 points (1.39 percent year-to-date performance). On the same note, the small and mid-cap index EGX70 went down by 0.77 percent to settle at 484.27 points (-14.35 percent…

Cairo, Egypt (Capital Markets in Africa):-Egyptian equity market halt it positive momentum today. The market capitalization gave up EGP 4.2 billion compared to yesterday’s loss of EGP 2.4 billion to close at EGP 504.532 billion. The benchmark index EGX30 rose by 1.8 percent or 161.58 points to close the day at 8,988.03 points (0.69 percent year-to-date performance). On the same note, the small and mid-cap index EGX70 gained 1.85 percent to settle at 480.58 points (-15.00 percent year-to-date return)….

Cairo, Egypt (Capital Markets in Africa):-Egyptian equity market halt it positive momentum today. The market capitalization gave up EGP 2.4 billion compared to yesterday’s gain of EGP 1.2 billion to close at EGP 500.358 billion. The benchmark index EGX30 fell by 0.58 percent or 51.2 points to close the day at 8,826.45 points (-1.12 percent year-to-date performance). On the same note, the small and mid-cap index EGX70 loss 0.38 percent to settle at 471.85 points (-16.55 percent year-to-date return),…

Cairo, Egypt (Capital Markets in Africa):-Egyptian equity market continued yesterday positive momentum that was spurred by the government’s decision to suspend new capital gain tax implementation for two years. The market capitalisation rose by EGP 1.20 billion compared to yesterday’s gain of EGP 20.3 billion to close at EGP 502.475 billion. The benchmark index EGX30 commenced trading with strong gains that took it above the 9,000 mark. But, retreated to a gain of 0.9% to…