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Moody’s strips US of last AAA credit rating on rising debt concerns
The US is no longer AAA-rated by any of the Big Three agencies for the first time in history
Jameel Finance raises EGP 500 mn in securitized bond issuance
The issuance is part of a wider EGP 4 bn program
What the markets are doing on 15 May 2025
The EGX30 rose 0.4% at today’s close on turnover of EGP 3.8 bn (16.7% below the 90-day average). Regional investors…
Wall Street’s rebound cools as investors await new data
April’s producer price index and retail sales data, both of which are due later today
What the markets are doing on 14 May 2025
The EGX30 rose 0.4% at today’s close on turnover of EGP 3.3 bn (27.1% below the 90-day average). Regional investors…
US stocks extend rally on softer inflation data
The S&P 500 closed higher for the second straight session, wiping out year-to-date losses
What the markets are doing on 13 May 2025
The EGX30 rose 0.4% at today’s close on turnover of EGP 3.8 bn (16.8% below the 90-day average). Regional investors…
Temporary respite as US-China trade war eases with 90-day truce
The agreement saw stock markets across the globe soar
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