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Investors rush back into equity markets as market confidence returns
The rebound follows a brutal sell-off that took place earlier in August
What the markets are doing on 20 August 2024
The EGX30 rose 2.0% at today’s close on turnover of EGP 4.3 bn (19.3% above the 90-day average). International investors…
Startups are increasingly going bust as funding dries up
The number of startups closing their doors rose 58% y-o-y during 1Q 2024
What the markets are doing on 19 August 2024
The EGX30 fell 0.5% at today’s close on turnover of EGP 3.7 bn (2.7% above the 90-day average). Local investors…
Investors lose access to key data as China stops sharing daily flows data
China is expected to see its first annual outflow from its bourse since 2016
What the markets are doing on 18 August 2024
The EGX30 fell 0.6% at today’s close on turnover of EGP 3.6 bn (1.3% above the 90-day average). Local investors…
Global stocks record best week in nine months as US data calm recession fears
This comes as markets rebound from a “brutal” sell-off during the first week of August
What are the markets doing on 15 August 2024
The EGX30 rose 0.2% at today’s close on turnover of EGP 4.4 bn (23.4% above the 90-day average). Local investors…
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