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What the markets are doing on 7 May 2025
The EGX30 fell 1.3% at today’s close on turnover of EGP 6 bn (34.3% above the 90-day average). Foreign investors…
US trade deficit hits record high as companies scramble to beat Trump’s new tariffs
US imports from China hit their lowest level in years
A look into the gov’t’s targeted revenues from the planned stamp tax on EGX transactions
The Finance Ministry is looking to collect some EGP 722 mn from the incoming stamp tax
What the markets are doing on 6 May 2025
The EGX30 rose 0.2% at today’s close on turnover of EGP 3.8 bn (15.5% below the 90-day average). Local investors…
Chinese exporters are looking to third countries to bypass US tariffs
South Korea found USD 21 mn worth of falsely labeled products last month alone
What the markets are doing on 5 May 2025
The EGX30 fell 0.4% at today’s close on turnover of EGP 4.7 bn (4.4% above the 90-day average). International investors…
Supporters of Lebanon’s IMF-backed banking sector reforms face media war
Local talk shows and TV stations have accused other outlets and advocacy groups of participating in a foreign conspiracy “to…
What the markets are doing on 4 May 2025
The EGX30 rose 0.7% at today’s close on turnover of EGP 4.1 bn (8.2% below the 90-day average). Local investors…
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