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Three in, three out as EGX30 rebalances
The EGX30’s semiannual rebalancing is done, the EGX said in a statement out yesterday. In: Abu Dhabi Islamic Bank Egypt,…
What the markets are doing on 30 January, 2023
The EGX30 fell 2.2% at today’s close on turnover of EGP 2.91bn (66% above the 90-day average). Foreign investors were…
EGX gains, high-yield CDs, and rate hikes on the airwaves
It was another econ-heavy evening on the talk shows last night, with the talking heads cheering a good day for…
Orascom Construction announces 2022 dividend payout
MARKET WATCH- Orascom Construction will pay out dividends of EGP 5.535 (USD 0.185) per share for 2022, redeemable on 9…
What the markets are doing on 23 January, 2023
The EGX30 rose 0.4% at today’s close on turnover of EGP 2.4 bn (40.6% above the 90-day average). Local investors…
THIS MORNING: Yesterday was a good one for the EGX.
Good morning, wonderful people, and a very happy Monday. If you’re among our Egypt-based readers, you need only get through…
What the markets are doing on 22 January, 2023
MARKET NEWS- Alexandria Containers and Cargo Handling will distribute EGP 1.67 bn worth of dividends, it said in an EGX…
What the markets are doing on 19 January, 2023
The EGX30 rose 0.5% at today’s close on turnover of EGP 911.58 mn (46.5% below the 90-day average). Local investors…
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