Egypt | - Part 27

Egypt Equity Markets | 16 Sep 2015 : Egyptian Equity trading ends on mixed note, EGX30 up 90.83 bps, market cap loses EGP 2.3 billion….

Cairo, Egypt, Capital Markets in Africa — Egyptian Exchange equity trading ended on a mixed note at the end of todays trading session, as several indices saw gains although the equity market capitalization lost EGP 2.326 billion to end at EGP447,068 billion (US$57,316 million) from EGP 444,742 billion recorded at the end of the previous days trading session. The benchmark index EGX30 gained by 90.83 points or 1.27 percent to end 7,266.42 points. Conversely, the equal-weighted indexes EGX50 rose by 1 percent or 12.01 points to settle…

Egypt Equity Markets | 15 Sep 2015 : Egyptian Equity trading ends the day lower, market capitalization loses EGP 9.16 billion….

Posted on by The Editorial Team

Cairo, Egypt, Capital Markets in Africa — Egyptian Exchange equity trading ended lower at the end of todays trading session, after the equity market capitalization lost EGP 9.615 billion to end at EGP 444,742 billion (US$58,045 million) from EGP 454.357 billion recorded at the end of the previous days trading session. The benchmark index EGX30 gained by 17.49 points or 0.24 percent to end 7,175.59 points. Conversely, the equal-weighted indexes EGX50 went down by 0.03…

Egypt Equity Markets | 14 Sep 2015 : Egyptian Equity trading continues with gains, market capitalization adds EGP 13.29 billion….

Posted on by The Editorial Team

Cairo, Egypt, Capital Markets in Africa — Egyptian Exchange equity trading ended higher at the end of Monday’s trading session, after the equity market capitalization added EGP 13.299 billion (nearly US$103 million) to end at EGP 454.357 billion (US$58,045 million) from EGP 441.058 billion recorded at the end of Sunday’s trading session. The benchmark index EGX30 gained by 76.1 points or 1.07 percent to end 7,158.1 points. The equal-weighted indexes EGX50 also went up by…

Egypt Equity Markets | 13 Sep 2015 : Egyptian Equity Rebounds, market capitalization EGP 1.8 billion higher ….

Posted on by The Editorial Team

Cairo, Egypt, Capital Markets in Africa — Egyptian Exchange equity trading ended higher at the end of Sunday’s trading session, after the equity market capitalization gained EGP 1.79 billion (nearly US$229 million) to end at EGP 441.058 billion from EGP 450.376 billion recorded at previous day trading session. The benchmark index EGX30 gained by 42.67 points or 0.61 percent to end 7,082.00 points. The equal-weighted indexes EGX50 also went up by 0.64 percent or 7.63 points to settle at 1,192.04…

Egypt Equity Markets | 7 Sep 2015 : Egyptian Exchange negative sentiment continues; EGX30 down by 107.30bps…

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CAIRO, Egypt, Capital Markets in Africa — Egyptian Exchange equity trading continued on negative today, after the equity market capitalization decreased by EGP 5.793 million to end at EGP443.928 billion from EGP 449.721 billion recorded at previous day trading session. The benchmark index EGX30 tumbled by 107.30 points or 1.48 percent to end 7,166.62 points. The equal-weighted indexes EGX50 also went down by 1.91 percent or 23.58 points to settle at 1,213.56 points. EGX70 index, which measures small and mid-cap index, sagged by 0.90 percent or 3.53 points to…

African Equity Market August 2015 Report: Most Exchanges sag for both local and foreign investors, Egypt bled most …

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Lagos, Nigeria (Capital Markets in Africa):- African stock markets performance measured by country equity benchmark index return ended in negative for the month of August, with all indices closed in red zone for both local currency and dollar return basis. Still on local basis return, the August average return of -2.9 percent was recorded across eighteen African equity indices and August monthly returns ranges from -11.5 percent recorded by the Egyptian Exchange equity markets (measured by EGX 30 index) to -0.2 percent registered…

Central Bank of Egypt sold US$37.8mn in FX and offered EGP 7bn in T-bills..

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Cairo, Egypt (Capital Markets in Africa) — The Central Bank of Egypt (CBE) reported that US$37.8 million was sold to banks out of the US$40 million on offered in a foreign currency auction held today. The Egyptian pound remained unchanged at cut-off price of 7.73 against the dollar. However, the CBE allowed the Egyptian pound to depreciate by EGP 0.20 from 7.53 against the greenback in July. In addition, the CBE announced on Sunday issuing treasury bills worth EGP…

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