CAIRO: Arab and Egyptian purchasing buoyed the Egyptian indexes in Sunday's morning session despite some foreign investor sales.
The main EGX30 index rose 1.4 percent, the EGX20 gained 1.2 percent, the small- and medium-sized company EGX70 index (...)
The stock market indexes closed Wednesday's transactions with a collective rise, acquiring 3.03 billion EGP in market capital, supported by investments by Egyptian and Arab investors.
Foreign transactions leaned toward selling but were very (...)
Egyptian stock market administration stopped the transactions of seven shares as they overcame the decline rate of 5 percent.
The shares are ASCM for mining, ASCM and securities of Delta for insurance, securities of the National Egyptian Bank and (...)
Egyptian stock market investors are anxious about the parliamentary elections looming soon.
Egyptian investors stopped transactions and are waiting until the political condition stabilizes. Foreign and Arab investors pulled out from the (...)
CAIRO: Egypt's Stock market indexes ended this week's transactions with a collective decline due to continual sales by foreign investors, joined by Arab investors at the end of the session.
Egyptian investors' purchases could not manage to change (...)
Stock market's main index EGX30 increased at the rate of 7.59 percent during October and closed with 4451 points, while stock index EGX100 increased at the rate of 8.06 percent and EGX70 at the rate of 6.16 percent. The total transaction value (...)
Stock market administration aborted the transactions of three companies for half an hour since they passed the 5 percent ratio. The companies are Cairo for Investment and Development, PACH and Orascom Telecom holding company.
The stock market (...)
The main indexes of the stock market ended today's transaction with an increase as a result of foreigners' purchase processes, while Arab and foreigner investors' transactions tended to sell.
The main index EGX30 closed at the rate of 0.86 (...)
The Egyptian branch of British Petroleum announced the discovery of a new gas well in the Nile Delta Monday. The new well “Salamon” is the third discovery by the company.
"Salamon" lies 50 kilometers (31 miles) north of Damietta, and was dug by (...)
Main Egyptian stock indexes slid this morning as Arab and foreign investors participated in moderate sell-offs amidst less influential Egyptian purchasing.
The main EGX30 fell 0.89 percent, the EGX20 dropped 1.01 percent, the EGX70 shed 0.40 (...)
The Egyptian stock market's main index gained 2.09 billion EGP (U.S. $350.7 million) on the day Monday, supported by purchases by foreign and Arab investors.
The market's main index, the EGX30, rose 0.87 percent to close at 4,249 points. The (...)
Egyptian investors' purchase processes made the four stock market main indexes rise, during Sunday morning's transactions.
Foreign and Arab investors' transactions tended to sell but the indexes managed to remain in the green zone during the (...)
Egypt's stock market four main indexes ended the first session of the week with a group increase.
The foreigner investors' purchases supported the increase while Egyptian and Arab investors' transactions tended to sell in the second half of the (...)
Egypt's stock market indexes started its transactions with a large rise during morning transactions Sunday October 9 in the first session of the week.
The rise was a result of Arab and foreigner investors' purchasing processes, while Egyptian (...)
Sales by Egyptian investors were not enough to prevent the Egyptian stock market from recovering 4.1 billion EGP (U.S. $688,000) of losses incurred in previous weeks Sunday, driven by purchases of foreign investors.
The stock market's main index, (...)
The Egyptian main stock market indexes tumbled today in the first session of the week.
The indexes fell during the morning session, largely as a result of individual Arab and Egyptian sell-offs.
The main Egyptian EGX30 index fell 0.79 percent, (...)
Stock market purchases started session with a group rise today, thanks to Arab and Egyptian investor purchase operations, while foreign investors tended to sell.
Stock market main index EGX30 rose by 1.7 percent, while medium and small companies' (...)
Stock market indexes witnessed a sharp decline in the middle transactions' session, due to foreigner and Arab investors exiting the market and achieving net sale estimated at 48 million EGP (U.S. $8.05 million).
Stock market's main index EGX30 (...)
The Egyptian stock market lost more than 7.02 billion EGP (U.S. $11.8 million) during today's session. The total losses of the current week reached 22 billion EGP (U.S. $3.7 billion) due to the foreign and Arab investors exiting from the stock (...)
The stock market's three indexes witnessed a decline during transactions today, affected by the foreign and Arab investors' sales. Although Egyptian investors transactions made purchases, they failed to shift indexes to the green spot.
The main (...)
Purchases by foreign and Arab investors were able to outpace sales by Egyptian investors Monday, causing Egyptian stock markets to close higher despite clashes at the trial of former President Hosni Mubarak.
Egypt's main index, the EGX30, closed (...)
Hilal Bank today announced a plan to raise U.S. $500 million by selling Islamic shares in the fourth quarter, a strategy designed to diversify its financing sources.
“This figure is part of the U.S. $2.5 billion in U.S. shares settled by the (...)
CAIRO: The three main Egyptian stock indexes finished down this week largely due to intense Arab and foreign sell-offs and massive losses in the U.S. stock exchange.
Despite heavy buying in the later stages of today's session, the exchange had (...)
The stock market indexes continued its decline due to the foreign and Arab investors' fear of consequences the former Egyptian President Hosni Mubarak's trial's held today.
The main stock market index ‘EGX30' witnessed a decline with the rate of (...)
July 28 will be the last day for the “Egypt the Future” investment fund IPO, said the fund's Board of Directors, who listed the face value for each share at 10 EGP (U.S. $1.70).
The fund will offer new investors the opportunity to purchase shares (...)