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Are education stocks living up to their “defensive” reputation?
An uptick in performance by education shares suggests they may be living up to their reputation of being “defensive.” Investors…
e-Finance to buy back 5% of its shares
e-Finance announces big share buyback program: EGX-listed fintech operator e-Finance will buy back 5% of its shares over the next…
What the markets are doing on 11 September, 2022
The EGX30 rose 0.9% at today’s close on turnover of EGP 1.18 bn (22.7% above the 90-day average). Local investors…
Credit Agricole acquires a 4.8% stake in Credit Agricole Egypt
Crédit Agricole Group acquired a 4.8% stake in Crédit Agricole Egypt on Thursday, it said in a disclosure (pdf) to…
What the markets are doing on 8 September, 2022
The EGX30 rose 0.3% at today’s close on turnover of EGP 1.24 bn (26.9% above the 90-day average). Local investors…
What the markets are doing on 7 September, 2022
The EGX30 fell 0.9% at today’s close on turnover of EGP 1.61 bn (44.4% above the 90-day average). Foreign investors…
What the markets are doing on 6 September, 2022
The EGX30 rose 1.5% at today’s close on turnover of EGP 1.90 bn (53.6% above the 90-day average). Local investors…
CIB plans record capital increase
EGX-listed private sector giant CIB is planning a multi-bn EGP capital increase that would raise its capital by around a…
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