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What the markets are doing on 25 October, 2022
The EGX30 rose 1.49% at today’s close on turnover of EGP 992.5 mn (2.8% below the 90-day average). Local investors…
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What the markets are doing on 24 October, 2022
The EGX30 rose 0.6% at today’s close on turnover of EGP 1.2 bn (15.4% above the 90-day average). Regional investors…
UAE investor snaps up 3% of Edita
Emirati investment firm Rimco Investments acquired a 3.0% stake in Edita for EGP 192 mn in a transaction Thursday, Bloomberg…
What the markets are doing on 23 October, 2022
The EGX30 fell 0.15% at today’s close on turnover of EGP 976.9 mn (3.7% below the 90-day average). International investors…
Edita to buy back another 3.8% of shares over 3 months
Edita’s board of directors has approved plans to buy back 3.8% of its shares as the company looks to support…
What the markets are doing on 19 October, 2022
The EGX30 was essentially flat at today’s close on turnover of EGP 1.26 bn (20.8% above the 90-day average). Foreign…
Swvl could get booted off the Nasdaq + OIH joins the EGX buyback club
US- and locally-listed firms are steering their stock through choppy waters: Over on Wall Street, Cairo-born Swvl is reportedly considering…
Earnings watch: Obour Land reports 3Q 2022 results
EARNINGS WATCH- Obour Land’s bottomline rose 31% y-o-y in 3Q 2022 to EGP 145.8 mn, according to the company’s earnings…
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