Author: The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- The Egyptian Exchange (EGX) indices were down on Thursday, while equities shed around EGP 2.2 billion of the market capitalisation to end at EGP 498.003 billion against EGP 500.239 billion on Wednesday trading session. The benchmark index EGX30 (which measures the top 30 active stocks), fell 1.4% or 124.84 points to close below the 8800 mark at 8780.76 points and reduced the year-to-date yield to -1.64 percent. Equally, the small and mid-cap…

Cairo, Egypt (Capital Markets in Africa):- Egypt’s stock market recovered at end of  Wednesday’s trading sessions, gaining around EGP 1.2 billion to end market capitalization at 500,239 billion compared with EGP 499,007 billion recorded at previous trading sessions. The benchmark index EGX30 (which measures the top 30 active stocks) continued it upward momentum, by gaining 0.66 percent or 58.01 points to close at 8,905.60 points, bringing the year-to-date yield to -0.235 percent. However, the small and mid-cap…

Cairo, Egypt (Capital Markets in Africa):- Egypt’s stock market recovered at end of  Tuesday’s trading sessions, gaining around EGP 3.5 billion to end market capitalization at EGP 499,008 billion, backed by local institutions’ strong buying appetite. The benchmark index EGX30 (which measures the top 30 active stocks) retreated it early slide , closing with a gain of 1.17 percent or 102.55 points to end the day at 8,847.59 points. In the same positive trend, the small and mid-cap index EGX70 surge by…