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What the markets are doing on 5 November, 2023
The EGX30 rose 2.0% at today’s close on turnover of EGP 3.58 bn (47.7% above the 90-day average). Regional investors…
US stocks have best week in almost a year on interest rate hopes
The S&P 500, Nasdaq 100 both saw their best weekly performances all year long
What the markets are doing on 2 November 2023
The EGX30 rose 0.9% at today’s close on turnover of EGP 2.9 bn (20.4% above the 90-day average). Foreign investors…
US Federal Reserve holds rates steady
Fed leaves rates at 5.25-5.5%, but hints at further rate hikes
EFG Hermes tops EGX brokerage league table in October
CI Capital, Mubasher, Thndr, and Al Rowad rounded out the top five firms.
Tasaheel closes EGP 3 bn securitized bond issuance. PLUS: NUCA has another issuance in the wings.
There’s plenty more news from the nation’s red-hot securitization market, which has now seen the value of bonds taken to…
What the markets are doing on 1 November 2023
The EGX30 fell 0.5% at today’s close on turnover of EGP 3.5 bn (46.2% above the 90-day average). Local investors…
IPO hype may be over in Western markets
Analysts don’t expect investor appetite for IPOs to return until 2024
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