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Investors worry that Red Sea disruptions and consumer boycotts could put an end to US stock rally
Earnings forecasts for S&P 500 companies over the next 12 months are at a record high
Egypt Post wants to invest EGP 6 bn in listed and unlisted equities in 2024
Egypt Post hopes to see its profits rise 30% this year to EGP 5 bn
What the markets are doing on 18 February, 2024
The EGX30 rose 0.7% at today’s close on turnover of EGP 5.3 bn (38% above the 90-day average). Local investors…
AI stock rally accounts for 96% of net worth gained on Bloomberg’s Bn’aires Index in 2024
The net worth of 30 of the world’s 500 wealthiest individuals increased USD 124 bn on the back AI-related stocks
Wataniya closes in on three final offers
Good morning, wonderful people and welcome to the start of the week. We’re off to a slow start in local…
What the markets are doing on 15 February, 2024
The EGX30 rose 0.2% at today’s close on turnover of EGP 6.3 bn (65.9% above the 90-day average). Foreign investors…
US recession worries recede
Analysts, fund managers no longer expect a US recession this year: Only a quarter of analysts and forecasters think the…
What the markets are doing on 14 February, 2024
The EGX30 rose 1.0% at today’s close on turnover of EGP 5.3 bn (41.1% above the 90-day average). Local investors…
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