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CBE, EGX confirm Thursday holiday; Solid 2Q Aramco earnings; Tokyo 2020 is over; China to ship 2 bn vaccines;
Good afternoon, ladies and gentlemen. After an uncharacteristically busy first week of August, it seems we’re right back down to…
It’s the global earnings watch edition
GLOBAL EARNINGS WATCH- Gold miner operator Centamin saw its 1H2021 profits after tax fall 20% y-o-y to USD 59.5 mn,…
Mercedes’ local partner plans EGP 1 bn bond issuance to enter EV market
A EGP 1 bn bond issuance could help Mercedes’ local partner enter the EV market: The National Automotive Company (NATCO)…
Odin targets EGP 200 mn first close for joint fund with Kasb
OdinInvestments is targeting a EGP 200 mn first close for its EGP 500 mn joint equity fund with Saudi’s Kasb…
Turnover breaks EGP 2 bn mark in today’s trading
The EGX30 rose 0.1% at today’s close on turnover of EGP 2.37 bn (47.2% above the 90-day average). Foreign investors…
What can you send “to the moon”
The EGX has changed up its list of shares eligible for same-day trading, margin trading and short-selling as part of…
A lot of movement on healthcare stocks in today’s trading
The EGX30 rose 0.6% at today’s close on turnover of EGP 1.91 bn (34.7% above the 90-day average). Regional investors…
EGX to change its closing price mechanism
Major changes to the EGX coming this fall: The board of the EGX has approved a slew of changes meant…
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