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Crocs has gone from being a fashion faux pas to a stock market standout
The colorful foam clogs company’s shares are up 43.2% YTD
Corporate market on thin ice: Record trade masks looming risks
Narrow credit spreads stoke fears of market turbulence causing a sudden repricing
United Bank announces intention to float
The bank plans to sell a 30% stake on EGX before the end of the year
What the markets are doing on 27 October 2024
The EGX30 rose 0.9% at today’s close on turnover of EGP 3.4 bn (18.0% above the 90-day average). Regional investors…
Fitch trims Mena growth to 1.8% in 2024
The agency warns that the region is entering 2025 “on shaky ground”
Investment Minister Hassan El Khaitb will manage the SFE following legislative amendments
Under the amendments the fund will also be directly under the cabinet’s control and deemed a cabinet-affiliated fund
What the markets are doing on 24 October 2024
The EGX30 rose 0.5% at today’s close on turnover of EGP 4.2 bn (0.9% above the 90-day average). Regional investors…
ECB’s easing cycle is continuing, but pace is still uncertain
Eurozone inflation hit a three-year low in September
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