The Egyptian stock market did not manage to sustain last week's gains during this week's first trading session, declining an estimated 1.7 billion EGP (U.S. $283.8 million) Sunday as Arab and foreign investors sold their shares.
The main stock (...)
The financial monitory association said the Egyptian stock market lost 80 billion EGP (U.S. $13.4 million) from July to September of 2011, in addition to the decline of the stock market main index EGX30 at rate of 23 percent.
The association (...)
Arab and foreigners' purchase process sustained the rise of the stock market. The stock market's main index EGX30 increased at the rate of 2.54 percent during the middle of transactions while EGX20 also increased at the rate of 2.15 (...)
Egypt's stock market managed to preserve the increasing state for the third transaction sessions after the Maspiro clashes and achieved 6.4 billion EGP (U.S. $1.07 billion) profit, resulting from Arab and Egyptian investor payments, which enhanced (...)
Egyptian stock market maintained momentum Thursday, making gains for the third straight session. Stocks gained 6.4 billion EGP (U.S. $1.07 billion) on the day due to Arab and Egyptian purchases.
The EGX30 rose 2.48 percent, closing at 4,150 (...)
CAIRO: Egypt's stock market managed closed today's session with a mass rise in the indexes, recouping the market's losses after Sunday's deadly clashes and earning 1.43 billion EGP (U.S. $242 million).
The main stock market index EGX30 rose 0.81 (...)
The Egyptian stock exchange today managed to get past the bloody Maspiro incidents as the capital market achieved 5.036 billion EGP (U.S. $843.83 million).
The market however suffered from a shortage of liquidity due to weak selling and (...)
Egyptian stock market indexes opened on Tuesday October 11 session with a rise as an attempt to recover after they were devastated by the Maspiro clashes.
Main index EGX30 rose at the rate of 0.84 percent so did the new stock market index EGX20 (...)
The four stock market indexes resumed rising during the middle session and achieved two billion EGP (U.S. $335.23 billion) in profit. This increase however comes with a weak purchase, selling process and liquidity.
Stock market main index EGX30 (...)
The tourism and entertainment index witnessed a serious decline during the stock market session yesterday. It was the leading retreating sector in the stock market; all its stocks declined except the stocks of Pyramisa and Misr hotel, which rose at (...)
CAIRO: The Egyptian International Tourism Project company (EITP) achieved a profit of about 54.7 million EGP (U.S. $9.1 million) in the first half of 2011, on July 30. This year's profit witnessed a drop compared to last year's profit, estimated by (...)