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Market roundup on 2 February
The EGX30 rose 0.8% at today’s close on turnover of EGP 955 mn (12.2% below the 90-day average). Regional investors…
EFG Hermes tops EGX brokerage league table in January — yet again
EFG Hermes topped the EGX’s brokerage league table once again in January, with a market share of 46%, according to…
Taqa Arabia eyes 2023 EGX debut
Qalaa Holdings’ Taqa Arabia is looking to make its EGX debut next year, AlMal quoted CEO Pakinam Kafafi as saying.…
Market roundup on 31 January
The EGX30 rose 0.3% at today’s close on turnover of EGP 647 mn (41.5% below the 90-day average). Foreign investors…
ADIB Egypt to sell majority stake in subsidiary Cairo National Securities
Abu Dhabi Islamic Bank Egypt’s board has agreed to sell a 50.9% stake in subsidiary Cairo National Securities, according to…
State privatization program to resume in March -Maait
Privatization program to resume in March -Maait: We can expect more state-owned companies to offer shares on the EGX in…
Earnings watch: Obour Land, Alexandria Containers
MARKET NEWS- Obour Land recorded a 13% y-o-y increase in its bottom line in 2021 to EGP 350.7 mn, according…
Market roundup on 26 January
The EGX30 fell 0.4% at today’s close on turnover of EGP 628 mn (44.5% below the 90-day average). Local investors…
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