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Correlation between consumer sentiment and S&P 500 diverges during pandemic
As the pandemic continues to bite, consumer sentiment and the stock market are moving in opposite directions as the S&P…
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade: Foreign holdings of…
What we’re tracking on 28 July 2020
It’s almost official, folks: The cabinet confirmed yesterday that Eid Al Adha will run from Thursday to Monday, 3 August , meaning…
Alexandria Portland Cement removes shares from EGX
Alexandria Portland Cement’s board of directors agreed to voluntarily delist its shares from the EGX in accordance with the mandatory…
What we’re tracking on 15 July 2020
Good morning, friends, and welcome to the day we here like to think of as almost-THURSDAY. Three-day weekends are supplanting…
EGX looking to change how closing share prices are calculated, says Farid
REGULATION WATCH- EGX looking to change how closing share prices are calculated, says Farid: The EGX plans to implement “soon”…
EM portfolio inflows continue to recover in June as sentiment shifts
Net portfolio inflows to emerging markets continued to recover in June, soaring to USD 32.1 bn from USD 3.5 bn…
Speed Medical will acquire City Labs in the coming months
M&A WATCH- Speed Medical (SPMD) is set to acquire 100% of City Labs in the coming months once SPMD completes…
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