North Africa

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets began the week trading on positive note, all the indices and market capitalization ended today’s trading session in green.The market capitalization ended at EGP 489.615 billion; adding EGP 3.5 billion (or US$457 million) relative to EGP 486.133 billion recorded at the previous trading session. The benchmark index EGX30 added 1.26 percent or 105.81 points to end the day above the 8,500 points barrier at 8,511.98 points (-4.64 percent year-to-date…

Cairo, Egypt (Capital Markets in Africa):- Both Egyptian equity indices and market capitalisation ended southward. The market capitalization ended at EGP 487.589 billion, by losing EGP 2.5 billion relative to  EGP 490.115 billion recorded at previous trading session, as a result of selling pressures from Arab investors. The benchmark index EGX30 fell by 0.52 percent or 44.48 points to close at 8,444.93 points (-5.40 percent year-to-date performance). Likewise, the small and mid-cap index EGX70 summersaulted by 0.61 percent or…

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity indices continued in red, however the market capitalisation added around EGP 1.6 billion to close at EGP 490.115 billion (against EGP 488.511 billion recorded previous trading session). The benchmark index EGX30 sagged by 0.54 percent or 45.78 points to end the day at 8,489.41 points (-4.90 percent year-to-date performance). Likewise, the small and mid-cap index EGX70 fell by 1.34 percent or 6.13 points to settle at 450.25 points (-20.37 percent year-to-date…