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What the markets are doing on 3 September, 2023
The EGX30 fell 0.8% at today’s close on turnover of EGP 1.62 bn (23% below the 90-day average). Regional investors…
What the markets are doing on 31 August, 2023
The EGX30 rose 0.3% at today’s close on turnover of EGP 2.1 bn. Local investors were net sellers. The index…
What the markets are doing on 30 August, 2023
The EGX30 rose 1.0% at today’s close on turnover of EGP 2.3 bn (11% above the 90-day average). Regional investors…
Earnings watch: Abu Qir Fertilizers + Mopco
EARNINGS WATCH- Abu Qir Fertilizers’ net income dipped to EGP 1.68 bn in 4Q 2022, down 19.5% y-o-y, according to…
What the markets are doing on 28 August, 2023
The EGX30 rose 0.4% at today’s close on turnover of EGP 2.6 bn (26.6% above the 90-day average). Foreign investors…
New industrial incentives + GERD talks dominate talk show coverage
Last night on the airwaves: A fresh package of incentives for industrial projects, the EGX30’s record-breaking performance yesterday, GERD, and…
EGX30 notches record high
The benchmark index climbed 1.7% yesterday to surpass the previous all-time high in 2018
Industrial stocks are mostly doing well — and match their financial performance
A year ago, industrial stocks were on a downward trajectory, even as companies reported strong earnings
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