EGX announces January 7 as an official holiday

BY

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Thu, 03 Jan 2019 - 09:41 GMT

BY

Thu, 03 Jan 2019 - 09:41 GMT

FILE – EGX

FILE – EGX

CAIRO – 3 January 2018: The Egyptian Exchange (EGX) announced that the bourse will be off on Monday, January 2, on the occasion of the Christmas.

Many Orthodox Christians celebrate Christmas Day annually on January 7 to remember Jesus Christ's birth, described in the Christian Bible.

This holiday will be the second one since the beginning of 2019, as the bourse was off on Tuesday, January 1, on the occasion of the banks’ holiday. The Central Bank of Egypt (CBE) announced Wednesday that banks operating in Egypt will be off on Tuesday, January 1, on the occasion of the end of fiscal year for most of the banks on December 31.

EGX follows CBE announcing Jan. 1 as official holiday

CAIRO - 27 December 2018: The Egyptian Exchange (EGX) announced that the bourse will be off on Tuesday, January 1, on the occasion of the banks' holiday. The Central Bank of Egypt (CBE) announced Wednesday that banks operating in Egypt will be off on Tuesday, January 1, on the occasion of the end of fiscal year for most of the banks on December 31.




The Egyptian Exchange (EGX) started the first session in 2019 in green, as EGX30 hiked 1.29 percent, EGX50 rose 0.92 percent, EGX70 increased 0.59 percent, and EGX100 inched up 0.63 percent.

EGX starts 2019 in green, market cap. gains LE 7.3B

CAIRO -2 January 2019: The Egyptian Exchange (EGX) started the first session in 2019 in green, and market capitalization gains LE 7.27 billion, amid Egyptian and foreign purchases. The benchmark EGX30 hiked 1.29 percent, or 168.6 points, to close at 13,204.37 points. The equally weighted index EGX50 rose 0.92 percent, or 19.82 points, to reach 2,169.55 points.



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