African stock market

Cairo, Egypt, Capital Markets in Africa — The Bear reappeared on the Egyptian Exchange to push all indices and market capitalization toward the South Pole. The equity market capitalization plunged by EGP 1.2  billion (US$ 154 million) to end at EGP 444.764 billion from EGP 445.974 billion recorded at previous day trading session. The benchmark index EGX30 dropped by 0.74 percent or 53.90 points to end 7,150.47 points. The equal-weighted indexes EGX50 also down by 0.29 percent or 3.61 points to…

Cairo, Egypt, Capital Markets in Africa — Equity trading on the Egyptian Exchange ended on a mixed mood, the equity market capitalization rose by EGP 1.24  billion (US$ 158 million) to end at EGP 445.974 billion from EGP 444.732 billion recorded at previous day trading session. On the contrary, the benchmark index EGX30 dropped by 0.67 percent or 48.57 points to end 7,203.86 points. The equal-weighted indexes EGX50 also down by 0.22 percent or 2.77 points to settle at 1,230.85 points….