Egyptian Exchange |

Market Watch: Egyptian Major Equity Indices End in Red, Market Cap up EGP1bn

Cairo (Capital Markets in Africa): The benchmark EGX30 index of the Egyptian Exchange (EGX) fell at Wednesday’s close by 0.08% or 10.4 points to the level of 13,707.13 points. Similarly, the EGX70, EGX100, and EGX50 indices declined by 0.25%, 0.10%, and 0.23%, respectively. The market capitalization increased by EGP 1 billion to EGP 708.99 billion. Trading volume reached 276.79 million shares exchanged at EGP 804.6 million through 23,200 transactions. Foreign and Arab traders were net…

Market Watch: Key Egyptian Equity Indices down, Market Cap up EGP8bn

Posted on by The Editorial Team

CAIRO (Capital Markets in Africa) – The Egyptian Exchange (EGX) ended Tuesday’s (18th July 2017) trading session in red, pressured by the selling activity of Arab and foreign investors. The main index EGX30 lost 1.71% or 140.55 points, and closed at the level of 13,717.53 points. The equal-weighted index EGX50 declined by 1.19% to 2,115.55 points. Similarly, EGX70 went down by 1.51% and closed at 669.21 points, while the broader index EGX100 decreased by 1.58%…

Market Watch: Egyptian Equity Indices End in Mixed Note, Market Cap up EGP3bn

Posted on by The Editorial Team

Cairo (Capital Markets in Africa) – The Egyptian Exchange (EGX) ended Monday’s (17th July 2017) trading session on a mixed note, as the benchmark index EGX30 rose 1.02%, gaining 140.55 points, and closed at the level of 13,956.32 points. The equal-weighted index EGX50 rose 0.81% to 2,141.02 points. On the other hand, EGX70 declined by 0.75% to the level of 679.46 points, while the broader index EGX100 slipped 0.09% and closed at 1,569.44 points. The…

Market Watch: Egyptian Equity Indices Drops Amidst Local Investor Sell-Off

Posted on by The Editorial Team

Cairo (Capital Markets in Africa) – The Egyptian Exchange’s (EGX) indices dropped collectively at Sunday’s (16th July 2017) close due to selling pressures from local investors. The benchmark EGX30 inched down 0.05% to 13,815.77 points. Sameh Gharib, head of technical research at Roots Stock Brokerage House, said that EGX30 closed at the level of 13,815 points losing 6 points from 13,864 points due to selling pressures, which began Thursday. After passing the level of 13,700…

Egypt Equity Markets | 17 Sep 2015 : Egyptian Equities benchmark index EGX30 up 0.02%, market cap gains EGP 354 mill….

Posted on by The Editorial Team

Cairo, Egypt, Capital Markets in Africa — Egyptian Exchange equity trading remained in bearish mood at the end of todays trading session, as several indices declined despite a slight increase in the benchmark index. The equity market capitalization ended at EGP 447,422 billion (US$57,361 million) gaining EGP 354 million (US$45.38 million) from the EGP 447,068 billion recorded at the end of the previous days trading session. The benchmark index EGX30 gained by 1.45 points or 0.02 percent to end 7267.52 points. Conversely, the equal-weighted…

Egypt Equity Markets | 6 Sep 2015 : Egyptian Exchange ends on negative mood; equities lose US$84 million

Posted on by The Editorial Team

CAIRO, Egypt, Capital Markets in Africa — Egyptian Exchange equity trading opened the first trading day on negative, after the equity market capitalization sagged by EGP 655 million (nearly US$ 84 million) to end at EGP 449.721 billion from EGP 450.376 billion recorded at previous day trading session. The benchmark index EGX30 tumbled by 22.04 points or 0.30 percent to end 7,273.92 points. The equal-weighted indexes EGX50 also went down by 0.93 percent or 11.63 points to settle at 1,237.14 points….

Egypt Equity Markets | 3 Sep 2015 : All is green on Egyptian Equity Markets, investors US$720 million richer

Posted on by The Editorial Team

Cairo, Egypt Capital Markets in Africa — On the last trading of the week, the equity market capitalization increased by EGP 5.6 billion (nearly US$ 720 million) to end at EGP 450.376 billion from EGP 444.764 billion recorded at previous day trading session. The benchmark index EGX30 accelerated by 145.49 points or 2.03 percent to end 7,295.96 points. The equal-weighted indexes EGX50 also jumped by 1.75 percent or 21.53 points to settle at 1,248.77 points. Likewise, EGX70 index, which measures small and mid-cap index, advanced…

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