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Go with the flow on 24 June
The EGX30 rose less than 0.1% at today’s close on turnover of EGP 1.27 bn (0.9% above the 90-day average).…
Mining outfit ASCOM losses widen in 1Q2021
EARNINGS WATCH- Qalaa Holdings’ mining subsidiary ASCOM posted wider losses in 1Q2021 than it did a year ago, with EGP…
Meet our analyst of the week: HC Securities’ Abdelrahman Wahba
OUR ANALYST OF THE WEEK- Abdelrahman Wahba, senior analyst at HC Securities (Linkedin). My name is Abdelrahman Wahba and I’ve…
Go with the flow on 21 June
The EGX30 rose 2.7% at today’s close on turnover of EGP 1.78 bn (29% above the 90-day average). Regional investors…
Go with the flow on 20 June
The EGX30 fell 0.7% at today’s close on turnover of EGP 1.35 bn (4% above the 90-day average). Foreign investors…
Sinai Cement widens losses + GSK’s Egypt arm announces coupon payments
EARNINGS WATCH- Sinai Cement saw its net losses widen to EGP 148 mn in 1Q2021, up from EGP 106 mn…
Ezz Steel finally turns profitable (and in a big way) + Pioneers to soon finalize split
EARNINGS WATCH- Ezz Steel reverses loss in 1Q2021: Ezz Steel reported a record consolidated profit of EGP 1.2 bn in…
Meet our analyst of the week: CI Capital’s Ahmed Soliman
OUR ANALYST OF THE WEEK- Ahmed Soliman, head of the industrials sector at CI Capital (Linkedin). My name is Ahmed…
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