Stock Exchange

Egypt's bourse trades in green zone during Monday, market cap. gains LE6.2B

Mon, 01 Feb 2021 - 02:28 GMT

The benchmark EGX30 rose 0.37 percent, or 43.19 points, to end at 11,589.34 points.

How will commodity stock exchange company help Egyptian consumers?

Sat, 12 Sep 2020 - 02:06 GMT

Egypt announced establishing its first commodity exchange company as part of the country’s plan to develop its internal trade, as the commodities exchange will provide protection to small farmers and producers.

Foreigners exit from Egypt’s bourse by $500M: CBE governor

Mon, 30 Mar 2020 - 10:49 GMT

Amer added that CBE’s LE20 billion-support to EGX came as a result of these exits, which pushed the bourse upward in a time all global exchanges were losing.

Mubarak’s sons acquitted of stock market manipulation charges

Sat, 22 Feb 2020 - 11:32 GMT

The charges included embezzling at least 493.628 million, after they decided to sell Al Watany Bank of Egypt for profiteering via selling the bank assets in the stock exchange.

Egypt's bourse loses LE 63.7 billion in May

Fri, 31 May 2019 - 12:17 GMT

The market capital hit EGP 745 billion in May, compared with EGP 808.7 billion reported last month, recording a decline of 7.9 percent.

Bourse loses EGP 19.5 bn in June, indices retreat

Fri, 29 Jun 2018 - 10:34 GMT

The market capital hit EGP 910.8 billion, compared with EGP 930.3 billion reported last month, recording a decline of 2.1 percent.

ZTE shares set to resume trading after US reprieve

Tue, 12 Jun 2018 - 08:35 GMT

Shares in Chinese smartphone maker ZTE are set to resume trading in Hong Kong Wednesday.

Saudi stock exchange ready to handle Aramco listing: CEO

Wed, 02 May 2018 - 09:31 GMT

Saudi Arabia’s stock exchange (Tadawul) is ready from a regulatory and technical point of view to handle a listing of Saudi oil giant Aramco.

State IPO program aims to invigorate stock market: PM

Sun, 08 Apr 2018 - 02:41 GMT

PM Ismail said the program does not aim to lay off workers but seeks to support the companies' capabilities to grow.

Sisi discusses economic performance in 2017/18, new budget

Sat, 10 Mar 2018 - 05:05 GMT

President Abdel Fatah al-Sisi held a meeting Saturday with Finance Minister Amr el-Garhy and his deputies to review performance in fiscal year 2017/18.

Purchases by foreign investors reach highest daily rate ever Wednesday

Wed, 28 Feb 2018 - 04:02 GMT

Foreign investors have intensified their purchases in today’s session at EGX to register LE 3.1 billion, the highest rate in the history of EGX.

HKEX executive says maintaining active dialogue with Saudi Aramco on IPO plan

Wed, 28 Feb 2018 - 03:12 GMT

Hong Kong Exchanges & Clearing (HKEX) is still maintaining an “active” and “good conversation” with Saudi Aramco about its planned massive share sale.

Ahead of Aramco IPO, Nasdaq says dual listing key for more liquidity

Tue, 13 Feb 2018 - 11:40 GMT

Chief executive of Nasdaq Adena Friedman said Monday that large companies with dual listings in different time zones can generate more liquidity from investors.

Global shares fragile, U.S. yields creep up after U.S. budget deal

Thu, 08 Feb 2018 - 08:23 GMT

Global share markets remained shaky on Thursday as U.S. bond yields crept up towards four-year highs.

European shares set for best year since 2013 on tech and mining surge

Fri, 29 Dec 2017 - 04:15 GMT

The pan-European STOXX 600 index was flat in percentage terms on the day, while euro zone blue chips declined 0.1 percent.

US STOCKS-Wall St set to open higher on final trading day of 2017

Fri, 29 Dec 2017 - 02:30 GMT

Strengthening global economy, solid corporate earnings and low interest rates have helped the benchmark S&P 500 lock in 20 percent gains for the year.

CI Capital concludes LE 1.47B advisory transaction

Wed, 29 Nov 2017 - 06:43 GMT

CI Capital Investment Banking advises on LE 1.47 billion acquisition of NCMP by Cairo 3A for International Industries.

Saudi Exchange aspires to be exclusive venue for Aramco IPO: CEO

Thu, 26 Oct 2017 - 11:00 GMT

Saudi Arabia’s stock exchange aspires to be the exclusive venue for the listing of Saudi Aramco’s IPO-ARMO.SE initial public offering and the market has sufficient liquidity to absorb the share sale.

Bourse head discusses establishing commodities exchange

Sat, 09 Sep 2017 - 02:20 GMT

Head of the Egyptian exchange discusses the possibility of establishing a “commodities and contracts” exchange in Egypt.

Gulf may move little in thin trade ahead of Eid holidays

Sun, 27 Aug 2017 - 07:37 GMT

Equity trading volumes in the Gulf have been thin in recent weeks and this trend looks set to continue or may even strengthen this week.