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Macro announces price range for IPO
Macro Group Pharma has priced its initial public offering on the EGX at EGP 5.30-6.15 per share, according to a…
What we’re tracking on 29 March 2021
Good morning, nice people. Mondays are typically the slowest news days of the week, but not so today — we…
Re-energized small-cap index coming to a market near you at the end of the year
The EGX30 ended today’s session flat on turnover of EGP 685 mn (53.5% below the 90-day average). Foreign investors were…
CBE to provide EGP 1 bn to set up new EGX fund
A fund created yesterday to boost trading volumes on the EGX is getting EGP 1 bn as a preliminary allocation…
Good news, brokerage firms
The EGX30 rose 2.2% at today’s close on turnover of EGP 1.12 bn (24% below the 90-day average). Regional investors…
What we’re tracking on 24 March 2021
Good morning, friends. The big question on everyone’s mind this morning: Will investors step in today on the EGX to…
EGX claws back losses after 5% plunge
The benchmark EGX30 lost another 0.6% today, clawing its way back after a sharp plunge in the broad-based EGX100 index…
What we’re tracking tonight on 23 March 2021
Good afternoon, everyone, and welcome to a particularly torrid Tuesday, sand storm and all. THE BIG STORY OF THE DAY…
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