Egypt | - Part 28

Egypt Equity Market | 27 Aug 2015 : Egyptian equities bull rides on, EGX30 2.9% higher, EGX100 up 2.71%, market cap adds EGP 12.7 mill…..

Cairo, Egypt (Capital Markets in Africa):- The Egyptian Exchange bull market kept riding on today as indices crept up further into the green zone. The market capitalization ended at EGP437.685 billion relative to EGP424.890 billion recorded at previous days trading session with stock price gainers vastly outweighing price losers. The benchmark index EGX30 surged by 2.99 percent or 205.34 points to end 7078.83 points up from 6873.49, conversely, the equal-weighted indexes EGX50 rose by 3.52 percent or…

Egypt Equity Market | 26 Aug 2015 : Egyptian equities bullish sentiment sustains, EGX30 0.53% higher, EGX100 up 1.12%..

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Cairo, Egypt (Capital Markets in Africa):- The Egyptian Exchange bullish sentiment was sustained today as indices rebounded and the market capitalization ended at EGP 424.890 billion relative to EGP 420.8 billion recorded at previous days trading session although stock price losers outweighed gainers. The benchmark index EGX30 surged by 0.53 percent or 36.54 points to end 6873.49 6,836.95 points conversely, the equal-weighted indexes EGX50 fell by -0.10 percent or 1.20 points to settle at 1172.54 points. EGX70, which measures small and mid-cap index, added o.34 percent or 1.28 points to settle…

Egypt Equity Watch | 19 Aug 2015 : Egyptian bourse extends further south … equity market cap US$1.1 billion and EGX30 hits 18 months low

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Cairo, Egypt (Capital Markets in Africa):- Equity trading on the Egyptian Exchange continued on the downward trends for four consecutive sessions. The market capitalization ended at EGP 447.6 billion after shedding EGP 8.5 billion (US$1.1 billion); relative to EGP 456.1 billion recorded at previous day trading session. The benchmark index EGX30 further lower by 2.13 percent or 157.66 points to end 7,240.77 points, extending its southward movement for the fourth trading session in a row to hit lowest…

Egypt Equity Watch | 18 Aug 2015 : Egyptian bourse heads further south … investors shed US$1,6 billion …

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Cairo, Egypt (Capital Markets in Africa):- Egyptian Exchange ended in the negative for three consecutive trading sessions. The market capitalization ended at EGP 468.5 billion after sagging by EGP 12.4 billion (US$1.6 billion); relative to EGP 468.5 billion recorded at previous day trading session. The benchmark index EGX30 slid by 2.58 percent or 195.62 points to end 7,398.43 points, extending its southward movement for the third trading session in a row. The equal-weighted indexes EGX50 sagged by 2.56 percent or…

Egypt Equity Watch | 17 Aug 2015 : Egyptian Exchange equities extend bear run to second day …

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- The downtrend persisted on the Egyptian Exchange for second consecutive sessions. The market capitalization ended at EGP 468.5 billion after shedding EGP 5.7 billion (US$730 million); relative to EGP 473.2 billion recorded at previous day trading session. The benchmark index EGX30 slid by 0.42 percent or 31.71 points to end 7,594.05 points, extending its southward movement for the second trading session in a row, which it hit one-month low. However, the equal-weighted…

Egypt Equity Watch | 16 Aug 2015 : Blood on the Egyptian Exchange trading floor, equity investors lose US$1.4 billion

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- The Bear continued to torment the Egyptian Exchange traders at the end of today’s trading session. The market capitalization ended at EGP 474.2 billion after losing EGP 10.6 billion (US$1.36 billion); relative to EGP 484.9 billion recorded at previous day trading session. The benchmark index EGX30 sagged by 3.22 percent or 254.06 points to end 7,625.76 points hit its lowest level since 13 July 2015. The equal-weighted indexes EGX50 also slide 3.34…

Egypt Equity Watch | 13 Aug 2015: Egyptian Echange ends on negative note, equities lose US$90 million in market cap ..

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- On Thursday, Egyptian equity markets ended in red zone and the market capitalization lost EGP 700 million (US$89.6 million) to end at EGP 484.9 billion; relative to EGP 485.6 billion recorded at previous day trading session. The benchmark index EGX30 dropped 0.40 percent or 32 points to end the day below the 7,879 points. The equal-weighted indexes EGX50 also slide 0.7 percent or 9.84 points to 1,391 points. EGX70, which measures small and mid-cap…

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