Egypt Equity Watch | 4th Aug 2015: Egyptian equity markets indices up, local buys worth EGP 796 mill push up market cap….

Egypt Equity Watch | 4th Aug 2015: Egyptian equity markets indices up, local buys worth EGP 796 mill  push up market cap….

Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index EGX 30, EGX70, EGX100 and the EGX20 capped index were all up today as the markets recovered and market capitalisation increased pushed by positive local investor sentiment worth a value of over EGP 796 million in todays trading. The benchmark index EGX30 was up 94.41 points to close the day on 8181.95, an  increase of 1.17 percent from its previous close of 8087.54 points (with the resultant year-to-date performance of -8.34 percent and…

Read More

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…

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…

Read More

Emaar Misr says 15% of IPO available for individuals, 85% for institutions

Emaar Misr says 15% of IPO available for individuals, 85% for institutions

Cairo, Egypt (Capital Markets in Africa):- Emaar Misr for Development, the Egypt-based subsidiary of UAE’s Emaar Properties, said Sunday around 90 million of its shares, representing 15% of its planned initial public offering will be offered for individuals, while nearly 51 million shares, or 85% of total floated shares, will be available for institutions. Subscription application for the individual tranche will have a minimum of 100 shares and maximum of 10 million shares. 25% of…

Read More

Egypt: 20 companies listed on EGX with EGP 5bn capital since May 2014

Egypt: 20 companies listed on EGX with EGP 5bn capital since May 2014

Cairo, Egypt (Capital Markets in Africa):- The Egyptian Stock Exchange (EGX) is preparing to welcome, for the second time, an investment conference on financial markets, reports Egypt “Daily News” citing a press release of the institution. Over 20 companies have been listed on the EGX with over EGP 5bn in capital since May 2014, EGX Chairman Mohamed Omran announced. In the statement issued by the Stock market, EGX Chairman Mohamed Omran said this “success” came…

Read More
1 3 4 5