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What the markets are doing on 27 August, 2023
The EGX30 rose 1.7% at today’s close on turnover of EGP 2.1 bn (2.1% above the 90-day average). Regional investors…
Ahmed El Sheikh is the new head of the EGX
El Sheikh succeeds Ramy El Dokany, who was in post for a year
What the markets are doing on 24 August, 2023
The EGX30 rose 0.4% at today’s close on turnover of EGP 2.1 bn (2.6% above the 90-day average). Regional investors…
What the markets are doing on 23 August, 2023
The EGX30 fell 0.5% at today’s close on turnover of EGP 2.6 bn (27.5% above the 90-day average). Local investors…
What the markets are doing on 22 August, 2023
The EGX30 rose 1.7% at today’s close on turnover of EGP 2.4 bn (18% above the 90-day average). Foreign investors…
What the markets are doing on 21 August, 2023
EARNINGS WATCH- Chemical Industries Holdings’ subsidiary, Egyptian Chemical Industries (Kima) reported EGP 1.19 bn in net income in 4Q 2023,…
What the markets are doing on 20 August, 2023
EARNINGS WATCH- Raya Holding’s net income after minority interest rose 46% y-o-y to EGP 144 mn in 2Q 2023, according…
The EGX is inching closer to a record high
The benchmark EGX30 index has risen more than 70% since October as investors use stocks to hedge against EGP depreciation
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