North Africa | - Part 10

Morocco Equity Watch | 28th July 2015: Morocco equity markets rebound from losses, MASI hikes up 35.76 points, MADEX climbs 0.39 points and Market cap adds US$50 Mill…

Casablanca, Morocco (Capital Markets in Africa):- Morocco equity markets indices went back into the green today with the MASI index ending the session up and the MADEX also up as the indices rebounded from losses made in the previous days trading. Market capitalisation increased by adding US$50 million to take it to US$60,445 million. The Moroccan benchmark stock index (measured as MASI Index) gained by 35.76 points increasing by 0.37 percent to close at 9,723.19 up from its previous close of 9,687.43 recorded yesterday (taking the year-to-date performance to 1.07 percent). Equally, the Moroccan most…

Egypt Equity Watch | 28th July 2015: Egyptian equity markets indices bullish today pushed up by Foreign Investor buys valuing over EGP 73 mill..

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Cairo, 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 rebounded pushed up by Foreign Investor buys valuing over EGP 73 mill.. The benchmark index EGX30 was up 62.02 points to close the day on 7,949.89, an increase of 0.79 percent from its previous close of 7887.87 points (with the resultant year-to-date performance of -10.94 percent and equal to 3,491 points in US$ terms). The EGX20 capped index was up 63.54 points, rising by 0.81 percent to…

Morocco Equity Watch | 27th July 2015: Morocco equity markets tips back into the red, MASI down 4.63 points and MADEX down 4.19 points…

Posted on by The Editorial Team

Casablanca, Morocco (Capital Markets in Africa):- Morocco equity markets indices went back into the red today with the MASI index ending the session down and the MADEX also down as they were unable to sustain the gains made in previous days trading. Market capitalisation topped out at US$60,391 million. The Moroccan benchmark stock index (measured as MASI Index) lost 4.63 points decreasing by -0.05 percent to close at 9,687.43 down from its previous close of 9,692.06 recorded yesterday (taking the year-to-date performance to 0.70 percent). Equally, the Moroccan most active share…

Egypt Equity Watch | 27th July 2015: Egyptian equity markets indices all down today under pressure from poor performing Bank and Oil stocks

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index EGX 30, EGX70, EGX100 and the EGX20 capped index were all down today as the markets reacted to pressure from poor performing Bank and Oil stock leaving market capitalisation down at just over EGP 485,430 Million. The benchmark index EGX30 was down 116.96 points to close the day on 7887.87, a decrease of -1.46 percent from its previous close of 8004.83 points (with the resultant year-to-date performance of -11.64 percent and equal to 3,463 points in US$ terms). The EGX20…

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…

Posted on by The Editorial Team

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…

Morocco Equity Watch | 20th July 2015: Morocco equity markets Indices bounce back, MASI rises 59.47 points and MADEX up 44.20 points…

Posted on by The Editorial Team

Casablanca, Morocco (Capital Markets in Africa):- Morocco equity markets indices bounced back with gains today with the MASI index ending the session up and the MADEX also up following on from its losses rendered in the previous days trading. The Moroccan benchmark stock index (measured as MASI Index) gained 59.47 points increasing by 0.61 percent to close at 9736.46 up from its previous close of 9676.99 recorded yesterday (taking the year-to-date performance to 1.21 percent). Equally, the Moroccan most active share index (MADEX) increased 0.56 percent or 44.20 points to close at 7,979.17 points up…

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…

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