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What the markets are doing on 8 August, 2023
The EGX30 fell 0.5% at today’s close on turnover of EGP 3.07 bn (56.2% above the 90-day average). Foreign investors…
What the markets are doing on 7 August, 2023
The EGX30 ro se 0.8% at today’s close on turnover of EGP 2.73 bn (39.7% above the 90-day average). Foreign…
What the markets are doing on 6 August, 2023
The EGX30 rose 1.4% at today’s close on turnover of EGP 2.08 bn (6.5% above the 90-day average). Local investors…
Al Ezz Dekheila Steel greenlights share buyback, EGX delisting
The government is offloading its entire stake in Al Ezz Dekheila
What the markets are doing on 3 August, 2023
EARNINGS WATCH- Sidi Kerir Petrochemicals’ net income after tax rose to EGP 1.21 bn in 1H 2023, rising 158% y-o-y,…
What the markets are doing on 2 August, 2023
The EGX30 fell 0.3% at today’s close on turnover of EGP 2.9 bn. Foreign investors were net sellers. The index…
HSBC sees consumer stocks as an “attractive sector in a challenged market”
HSBC is broadly bullish on EGX-listed consumer stocks and is most bullish on GB Corp
What the markets are doing on 1 August, 2023
EARNINGS WATCH- Alexandria Mineral Oils Company’s (AMOC) consolidated net income rose 11% y-o-y to EGP 1.3 bn in FY 2022-23,…
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