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HSBC sees consumer stocks as an “attractive sector in a challenged market”
HSBC is broadly bullish on EGX-listed consumer stocks and is most bullish on GB Corp
What the markets are doing on 1 August, 2023
EARNINGS WATCH- Alexandria Mineral Oils Company’s (AMOC) consolidated net income rose 11% y-o-y to EGP 1.3 bn in FY 2022-23,…
Citigroup is gearing up for a new run of Gulf IPOs in the coming months
“The pipeline is solid, it’s promising for post the summer and 2024”
Maersk could acquire half of the 545-MW Zafarana wind farm
Maersk has been invited to submit an official offer and enter talks
The EGX50 is history
A new shariah-compliant index is set to replace it over the coming months
What the markets are doing on 31 July, 2023
The EGX30 rose 0.24% at today’s close on turnover of EGP 2.10 bn (9.8% above the 90-day average). Foreign investors…
Oil prices look to notch biggest monthly gains since January 2022 in July
Brent and US crude have hit their highest levels since April as the market tightens
Aman Financial Services issues securitized bonds, GlobalCorp plans new issuance
New issuances are up more than 2x on last year in EGP terms
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