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What the markets are doing on 22 August, 2023
The EGX30 rose 1.7% at today’s close on turnover of EGP 2.4 bn (18% above the 90-day average). Foreign investors…
What the markets are doing on 21 August, 2023
EARNINGS WATCH- Chemical Industries Holdings’ subsidiary, Egyptian Chemical Industries (Kima) reported EGP 1.19 bn in net income in 4Q 2023,…
What the markets are doing on 20 August, 2023
EARNINGS WATCH- Raya Holding’s net income after minority interest rose 46% y-o-y to EGP 144 mn in 2Q 2023, according…
The EGX is inching closer to a record high
The benchmark EGX30 index has risen more than 70% since October as investors use stocks to hedge against EGP depreciation
What the markets are doing on 16 August, 2023
The EGX30 rose 0.5% at today’s close on turnover of EGP 2.6 bn (28.3% above the 90-day average). Local investors…
What the markets are doing on 15 August, 2023
EARNINGS WATCH- Oriental Weavers reported EGP 290 mn in attributable net income in 2Q 2023, up 37% y-o-y, according to…
What the markets are doing on 14 August, 2023
EARNINGS WATCH- Telecom Egypt reported EGP 2.9 bn in net income after tax in 2Q 2023 , up 19% y-o-y,…
What the markets are doing on 13 August, 2023
EARNINGS WATCH- Talaat Moustafa Group Holding reported consolidated net income of 1.56 bn in 1H 2023 , rising 40% y-o-y,…
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