Africa stock market

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity indices were maintained the bullish momentum to close the week on positive note. The market capitalisation gained around EGP 1.4 billion to close at EGP 490.129 billion (against EGP 488.733   billion recorded yesterday), backed by Egyptians’ strong buying. On a week-on-week basis, market capitalization added EGP 0.7 billion relative to last week Thursday market capitalization. The benchmark index EGX30 slightly surged by 0.24 percent or 20.16 points to end…

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity indices were bullish today and maintained yesterday gains. The market capitalisation gained around EGP 1.60 billion to close at EGP 488.733 billion (against EGP 487.136  billion recorded yesterday), backed by Egyptians’ strong buying. The benchmark index EGX30 slightly surged by 0.01 percent or 0.45 points to end the day at 8,556.55 points (-4.15 percent year-to-date performance). Similarly, the small and mid-cap index EGX70 climbed by 0.39 percent or 1.75 points to…

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets rebounded today from eight day in negative territory. The market capitalisation added around EGP 2.587 billion to close at EGP 487.136 billion (against EGP 484.550  billion recorded yesterday). The benchmark index EGX30 increased by 0.48 percent or  40.47 points to end the day at 8,556.10 points (-4.15 percent year-to-date performance). Equally, the small and mid-cap index EGX70 climbed by 1.72 percent or 7.67 points to settle at 452.36 points (-20.00…