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What the markets are doing on 16 July 2026
The EGX30 rose 0.7% at today’s close on turnover of EGP 12 bn (33.9% above the 90-day average). International investors…
SpaceX closes below IPO prices, less than a month later
The stock is now down 40% from its 16 June peak
EGX closed up 11.4% in 2Q, and down 4.12% in June
Local institutions and individual buyers led the rally, as regional and foreign investors trimmed their positions
What the markets are doing on 15 July 2026
The EGX30 rose 0.5% at today’s close on turnover of EGP 11.8 bn (33.3% above the 90-day average). Local investors…
Rate-hike wagers rebuild across the Fed, BOE, and ECB
An oil spike has flipped the easing narrative. Traders are wagering the Fed unwinds last year’s cuts, with the BOE…
Lecico absorbs three subsidiaries to consolidate capacity
The move saw the parent company’s issued capital slashed to EGP 200 mn, down from EGP 400 mn
House passes bill reorganizing Mostakbal Misr
Good morning, friends. Today's issue unpacks the state trying to get its house in order — paying bills, clearing backlogs,…
What the markets are doing on 14 July 2026
The EGX30 fell 0.6% at today’s close on turnover of EGP 10.7 bn (21.3% above the 90-day average). Regional investors…
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