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What we’re tracking on 30 September 2019
We’re one trading session into the week, and so far so good. The EGX gained another 3.3% yesterday, continuing last…
Late-week EGX30 rebound has helped to steady share slide
Late-week EGX30 rebound helped stymie share slide: Despite the EGX30 being the second-worst performing equity index of last week, a…
Egypt’s benchmark EGX30 index rises 3.2% after eight-day slide
EGX30 rises 3.2% after eight-day slide: The Egyptian Exchange rebounded yesterday, bringing a dose of much-needed positivity to a week…
EGX share slide continues, wiping out 2019 gains
EGX share slide continues, nearly wiping out 2019 gains: The sell-off on the EGX accelerated yesterday, as investor concern about…
EGX sell-off continues amid protest fears
Shares on the Egyptian Exchange slid again yesterday as investors and the business community alike continued to wrestle with the…
The specter of a global recession makes the very wealthy extra risk averse
The specter of a global recession makes the very wealthy extra risk-averse: As the Bank of America's global fund manager…
EGX has worst day since 2016 after weekend protests
The EGX turned in its worst showing since 2016 yesterday as investors dumped shares following two nights of protests in…
Egypt in the News on 8 September 2019
The foreign press is still discussing the impact of the recent interest rate cuts on the Egyptian economy: Analysts tell…
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