• Wednesday, 29 September 2021

    Market roundup on 29 September

    The EGX30 fell 0.5% at today’s close on turnover of EGP 986 mn (37.8% below the 90-day average). Foreign investors were net sellers. The index is down 4.2% YTD.In the green: AMOC (+7.7%), Ezz Steel (+3.3%) and Fawry (+2.5%).In the...
  • Monday, 27 September 2021

    Market roundup on 27 September

    The EGX30 fell 1.4% at today’s close on turnover of EGP 1.27 bn (20% below the 90-day average). Regional investors were net buyers. The index is down 3.2% YTD.In the green: GB Auto (+1.0%).In the red: Ezz Steel (-9.9%), MM...
  • Sunday, 26 September 2021

    The market roundup on 26 September

    The EGX30 rose less than 0.1% at today’s close on turnover of EGP 1.17 bn (26.1% below the 90-day average). Foreign investors were net sellers. The index is down 1.8% YTD.In the green: Egypt Kuwait Holding’s EGP shares (+5.2%), Cleopatra...
  • Thursday, 23 September 2021

    The market roundup on 23 September

    The EGX30 rose 0.4% at today’s close on turnover of EGP 1.28 bn (18.9% below the 90-day average). Foreign investors were net sellers. The index is down 1.9% YTD.In the green: AMOC (+6.1%), Orascom Development Egypt (+3.0%) and Egyptian Resorts...
  • Tuesday, 21 September 2021

    TONIGHT: The accidental startup issue + Global markets get a reprieve. Also: Al Ahly and El Geish face off for the Egyptian Super Cup.

    Good morning, nice people, and welcome to another brisk afternoon for the news as we slide toward the end of hump day. HAPPENING NOW- Global markets are not melting down after yesterday’s big selloff, but the EGX30 came under pressure...
  • Wednesday, 8 September 2021

    EGX30 up 2.7% YTD

    The EGX30 rose 0.4% at today’s close on turnover of EGP 1.4 bn (81% below the 90-day average). Egyptian investors were net buyers. The index is up 2.7% YTD.In the green: Speed Medical (+2.6%), Orascom Development Egypt (+2.6%) and Oriental...
  • Thursday, 2 September 2021

    EGX30 up 4.2% YTD

    The EGX30 rose 0.2% at today’s close on turnover of EGP 1.86 bn (20% above the 90-day average). Local investors were net sellers. The index is up 4.2% YTD.In the green: Pioneers Holding (+5.1%), GB Auto (+3.4%) and MM Group...
  • Sunday, 22 August 2021

    THIS MORNING: Mandatory vaccines for students over 18 + Elon Musk is making humanoid robots

    Good morning, everyone, and welcome to a busy news day as we kick off this last full workweek of August. Still in Sahel? Enjoy every minute of it, folks. It’s sticky and hot here in the capital city.THE BIG STORY...
  • Wednesday, 11 August 2021

    Earnings watch: Beltone, NBK Egypt, Credit Agricole Egypt, GSK, Obour Land, Arabian Cement

    EARNINGS WATCH- Beltone Financial reported net income of EGP 4.7 mn in 2Q2021, up from a loss of EGP 12.1 mn in 2Q2020 and net income of almost EGP 3.8 mn in the first quarter of this year, according to...

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