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THIS MORNING: Sayonara Ever Given; GERD meeting tomorrow; EGX hit by GERD? Oil tanks following OPEC+ meeting.
Good morning, friends — We have another politics-heavy issue for you this morning, and it’s likely to stay that way…
TONIGHT: Unified Budget Act gets final approval. + Oil soars in aftermath of OPEC+ meeting. ALSO: Ever Given goes home tomorrow.
No summer, no slowdown: We have a busy news day today, ladies and gentlemen, with macro, regulation news, and updates…
Emerging-market equities poised for a strong 12 months?
Emerging-market equities could gain 15% in the next 12 months, Sean Taylor, chief investment officer for Asia Pacific and head…
Foreign investors are net buyers for second trading session in a row
The EGX30 rose less than 0.1% at today’s close on turnover of EGP 1.31 bn (5.7% above the 90-day average).…
EFG Hermes Kenya rolls out online trading platform on Nairobi Stock Exchange
EFG Hermes Kenya has launched today its online trading platform EFG Hermes One on the Nairobi Securities Exchange (NSE), the…
Fears of the Delta strain are hitting emerging-market currencies
Fears of the Delta strain are hitting emerging-market currencies: Developing countries with low vaccination rates could face currency pressure as…
Shakeup at the EGX board
The EGX was out yesterday with a list of nominees to fill its board of director seats for the 2021-2025…
EGX30 goes up in first trading session of the week
The EGX30 rose 0.9% at today’s close on turnover of EGP 897 mn (27.7% below the 90-day average). Foreign investors…
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