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What the markets are doing on 6 August, 2023
The EGX30 rose 1.4% at today’s close on turnover of EGP 2.08 bn (6.5% above the 90-day average). Local investors…
JPMorgan rolls back US recession wager
The US Fed could pull off a soft landing, say JPMorgan analysts
Al Ezz Dekheila Steel greenlights share buyback, EGX delisting
The government is offloading its entire stake in Al Ezz Dekheila
What the markets are doing on 3 August, 2023
EARNINGS WATCH- Sidi Kerir Petrochemicals’ net income after tax rose to EGP 1.21 bn in 1H 2023, rising 158% y-o-y,…
Dubai’s Roads & Transport Authority picks banks for IPOs
The regulator wants to take its taxi and parking businesses public
What the markets are doing on 2 August, 2023
The EGX30 fell 0.3% at today’s close on turnover of EGP 2.9 bn. Foreign investors were net sellers. The index…
Manufacturing is slowing across the world
Factory activity in the eurozone is suffering its deepest contraction since the covid-19 pandemic
EFG Hermes tops EGX brokerage league table in July
EFG Hermes captured more than 27% of the market during the month
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