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What the markets are doing on 22 February, 2024
The EGX30 rose 0.1% at today’s close on turnover of EGP 5.6 bn (39.4% above the 90-day average). Regional investors…
Ether outperforms BTC amid ETF speculation
The second-largest digital asset has grown at a faster rate than the BTC so far this year, with Ether having…
What the markets are doing on 21 February, 2024
The EGX30 fell 0.1% at today’s close on turnover of EGP 5.5 bn (38.2% above the 90-day average). Foreign investors…
Fed seen cutting rates in June
Since September, analysts have pegged the Fed’s first rate cut around the middle of 2024
EGX to implement four new stock divisions next week to regulate trading
The new division of stocks was approved by the Financial Regulatory Authority last Wednesday
What the markets are doing on 20 February, 2024
The EGX30 fell 0.4% at today’s close on turnover of EGP 7.7 bn (95.5% above the 90-day average). Regional investors…
Foreign direct investment in China hits lowest level since 1993
China’s crackdown on sharing information with int’l consultancies is partly to blame for driving investors away
What the markets are doing on 19 February, 2024
The EGX30 rose 1.1% at today’s close on turnover of EGP 6.6 bn (70.4% above the 90-day average). Local investors…
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