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Egypt’s bourse, EGP-denominated bonds have been underperforming for weeks
The EGX has been underperforming for weeks, and however well they’re doing, EGP-denominated bonds are lagging the EM peers. Stocks…
MPs voice concerns over Central Depository and Registration Act amendments
LEGISLATION WATCH- MPs voice concerns over Central Depository and Registration Act amendments: Members of the House Economic Committee yesterday voiced…
CBE easing cuts gov’t interest bill by a fifth -Kouchouk
CBE easing cuts gov’t interest bill by a fifth -Kouchouk: The Central Bank of Egypt’s (CBE) interest rate cuts in…
What we’re tracking on 01 October 2019
Today’s the day, ladies and gents: The House of Representatives reconvenes at 10am CLT today for its fifth and final…
What we’re tracking on 30 September 2019
We’re one trading session into the week, and so far so good. The EGX gained another 3.3% yesterday, continuing last…
Late-week EGX30 rebound has helped to steady share slide
Late-week EGX30 rebound helped stymie share slide: Despite the EGX30 being the second-worst performing equity index of last week, a…
EGX share slide continues, wiping out 2019 gains
EGX share slide continues, nearly wiping out 2019 gains: The sell-off on the EGX accelerated yesterday, as investor concern about…
EGX sell-off continues amid protest fears
Shares on the Egyptian Exchange slid again yesterday as investors and the business community alike continued to wrestle with the…
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