• Thursday, 5 August 2021

    It’s the global earnings watch edition

    GLOBAL EARNINGS WATCH- Gold miner operator Centamin saw its 1H2021 profits after tax fall 20% y-o-y to USD 59.5 mn, amid a drop in production, according to its interim results. Centamin’s revenues fell 18% y-o-y in 1H2021 to USD 367.4...
  • Monday, 2 August 2021

    Turnover breaks EGP 2 bn mark in today’s trading

    The EGX30 rose 0.1% at today’s close on turnover of EGP 2.37 bn (47.2% above the 90-day average). Foreign investors were net sellers. The index is down 0.2% YTD.In the green: Ezz Steel (+6.3%), MM Group (+4.9%) and AMOC (+4.4%).In...
  • Wednesday, 28 July 2021

    EGX30 barely in the green in today’s trading

    The EGX30 rose less than 0.1% at today’s close on turnover of EGP 2.12 bn (42.1% above the 90-day average). Local investors were net sellers. The index is down 0.7% YTD.In the green: CI Capital (+3.6%), Ibnsina Pharma (+2.9%) and...
  • Wednesday, 28 July 2021

    EGX30 change-up next week

    Six companies will become constituents of the EGX30 when the latest rebalancing of the benchmark index takes effect on Sunday, the EGX said today (pdf). The EGX30 is reviewed (or “rebalanced”) twice a year, at the beginning of February and...
  • Sunday, 25 July 2021

    EGX30 now down less than 1% YTD

    The EGX30 rose 0.9% at today’s close on turnover of EGP 1.5 bn (19.3% above the 90-day average). Local investors were net buyers. The index is down 0.9% YTD.In the green: GB Auto (+5.5%), Sidi Kerir Petrochemicals (+3.9%) and Abou...
  • Wednesday, 14 July 2021

    Eastern Company goes up 3.5% on tobacco price increase announcement

    The EGX30 rose 1.6% at today’s close on turnover of EGP 1.89 bn (36.2% above the 90-day average). Foreign investors were net sellers. The index is down 2.2% YTD.In the green: Fawry (+4.7%), GB Auto (+3.5%) and Eastern Company (+3.5%).In...
  • Monday, 12 July 2021

    Regional investors net buyers in trading today

    The EGX30 rose 0.8% at today’s close on turnover of EGP 1.19 bn (2.1% below the 90-day average). Regional investors were net buyers. The index is down 5.6% YTD.In the green: EFG Hermes (+3.3%), Telecom Egypt (+2.8%) and Orascom Financial...
  • Sunday, 11 July 2021

    EGX30 turnover below EGP 1 bn mark today

    The EGX30 fell 0.3% at today’s close on turnover of EGP 820 mn (33.1% below the 90-day average). Foreign investors were net sellers. The index is down 6.4% YTD.In the green: MM Group (+1.9%), TMG Holding (+1.5%) and Eastern Company...
  • Wednesday, 7 July 2021

    THIS MORNING: Sayonara Ever Given; GERD meeting tomorrow; EGX hit by GERD? Oil tanks following OPEC+ meeting.

    Good morning, friends — We have another politics-heavy issue for you this morning, and it’s likely to stay that way until the end of the week, with the UN GERD vote possibly happening tomorrow, the OPEC+ fail continuing to roil...

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