Hanan Mohamed

business reporter

Juhayna’s profits jump 138% in 9M of 2018

Sun, Oct. 21, 2018

The consolidated gross profit increased 17.52 percent to reach LE 1.59 billion, compared to LE 1.35 billion in the same nine months of 2017.

EGX loses LE3.5B of market capitalization Sunday

Sun, Oct. 21, 2018

The benchmark EGX30 lessened 0.88 percent, or 119.49 points, to close at 13,524.67 points.

Orange’s loss dips in 9M to LE 235M

Sun, Oct. 21, 2018

As per standalone results, the loss decreased 83.71 percent to reach LE 269 million, compared to LE 1.65 billion during the same period of 2017.

EGX records semi-collective regression after 1hr of trading

Sun, Oct. 21, 2018

The benchmark EGX30 dropped 1.40 percent by 11:11 a.m. (Cairo time), reaching 13,453.65 points.

EGX adds LE 5.7B to market capitalization Wednesday

Wed, Oct. 17, 2018

The benchmark EGX30 rose 1.92 percent, or 126.21 points, to close at 13,815.60 points.

Trading on Sarwa Capital starts Monday

Mon, Oct. 15, 2018

Trading on Sarwa Capital shares recorded LE 6.67 per share at 1:09 p.m., losing 9.74 percent of its opening price after trading on 12.39 million shares.

Pioneers’ capital raise oversubscribed by 98%

Mon, Oct. 15, 2018

Subscriptions to the capital raise started on September 5, and closed on October 11, according to the company’s statement.

EGX ends Monday in green, market cap. loses LE 2.6B

Mon, Oct. 15, 2018

The benchmark EGX30 rose 1.81 percent, or 240.42 points, to close at 13,523.73 points.