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Market roundup on 17 November
The EGX30 rose 0.4% at today’s close on turnover of EGP 810 mn (45.1% below the 90-day average). Local investors…
TONIGHT: EGX trading fees are getting slashed by 20% + Cabinet members are talking up Egypt’s COP27 agenda. Plus: Charles and Camilla land tomorrow
An uncharacteristically slow November news day, ladies and gentlemen, with both the local and foreign press appearing to take a…
THIS MORNING: Key EGX meeting this morning; Rain is coming.
Is it over yet? Earnings season, we mean. The numbers just … won’t … stop. IT’S A BIG DAY FOR-…
The jury is out on the tax + fee incentives on the EGX
Market watchers have welcomed a basket of EGX-centric tax incentivesand fee cuts unveiled last week, but they want specifics —…
THIS MORNING: Bank board shake-up; unvaccinated civil servants will need a weekly PCR test to enter the workplace from today; Ditto for uni students on campus; new auto consumer regs in effect today.
Good morning, wonderful people, and happy Monday. We have an absolutely stacked issue this morning, starting with a deep dive…
Earnings season is in full swing
Abu Qir Fertilizers reported an 88% y-o-y increase in its bottom line to EGP 1.3 bn in 1Q2021-2022, according to…
TONIGHT: Earnings season lands with a thud + travelers still need a hard copy of their QR passport + EAMCO signs new agreement for EV component production
It isn’t an altogether slow Sunday, ladies and gentlemen, but it is looking kind of dry when compared to last…
Market roundup on 11 November
The EGX30 rose 0.8% at today’s close on turnover of EGP 894.7 mn (39.9% below the 90-day average). Foreign investors…
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