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What the markets are doing on 19 September 2024
The EGX30 rose 2.0% at today’s close on turnover of EGP 5.5 bn (42.1% above the 90-day average). Local investors…
Fed kicks off easing cycle with a bang
The Fed’s updated projections include a further 50 bps rate cut by year end
FRA’s Farid highlights how the regulator brought new instruments + depth to the market
Farid spoke at EFG Hermes’ annual conference in London
What the markets are doing on 18 September 2024
The EGX30 rose 0.6% at today’s close on turnover of EGP 2.9 bn (25.3% below the 90-day average). International investors…
Wall Street's biggest banks are lagging in their response to climate risks
80% of banks are gathering climate data, but fewer than half are adapting their financing for climate-vulnerable businesses
Raya’s Aman issues EGP 1.29 bn in securitized bonds
The issuance is part of a wider EGP 5 bn, three-year securitization program
What the markets are doing on 17 September 2024
The EGX30 fell 0.3% at today’s close on turnover of EGP 3.1 bn (20.5% below the 90-day average). International investors…
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