News Analysis

Cairo – Mubasher: The Egyptian Exchange (EGX) witnessed a positive performance on Wednesday, with the EGX30 main index up 1.27% to  30,485.63 points. Both small- and mid-cap EGX70 EWI and EGX100 EWI indices closed the session higher by 0.44% at …

Cairo – Mubasher: The Egyptian Exchange (EGX) ended Tuesday’s trading session in the red zone, with the EGX30 main index down 0.89% to 30,104.35 points. Both small- and mid-cap EGX70 EWI and EGX100 EWI indices closed the session lower by 0.96% at …

Riyadh – Mubasher: Sahm Capital has proven its position as the first brokerage on the Saudi Exchange (Tadawul) to carry out a proprietary Settlement & Clearing System. Chairman of Sahm Capital and Chief Strategy Officer of Valuable Capital Group …

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday’s trading session with a varied note after EGX30 main index increased by 0.33% to 30,374.96 points. However, the small- and mid-cap EGX70 EWI and EGX100 EWI indices ended the session …

Cairo – Mubasher: The Egyptian Exchange (EGX) ended Sunday’s trading session in the red zone, with the EGX30 main index down by 2.44% to 30,273.73 points. Both the small- and mid-cap EGX70 EWI and EGX100 EWI indices closed the session lower by …

Cairo – Mubasher: The net international reserves of Egypt amounted to $46.59 billion at the end of August 2024, according to the Central Bank of Egypt (CBE) data. In the 5 September meeting,  the Monetary Policy Committee (MPC) decided to maintain …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) rose by 0.42% to 30,902.88 points at the end of Sunday’s session. Similarly, the EGX100 EWI closed the session higher by 0.95% at 10,244.91 points and the Shariah index rose by …

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in the green zone, with the EGX30 main index up by 0.76% to 30,363.15 points. Both the small- and mid-cap EGX70 EWI and EGX100 EWI indices closed the session higher by …

Cairo – Mubasher: The Egyptian Exchange (EGX) ended Monday’s trading session with a varied performance after the EGX30 main index went up by 0.20% to 30,133.81 points. Meanwhile, the small- and mid-cap EGX70 EWI as well as EGX100 EWI indices …

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session with a varied performance after the EGX30 main index increased by 0.22% to 30,073.95 points. Meanwhile, the small- and mid-cap EGX70 EWI as well as EGX100 EWI indices …

Cairo – Mubasher: The Egyptian Exchange (EGX) ended Thursday’s trading session in the green zone, with the EGX30 main index up 0.76% to 30,141.08 points. Both small- and mid-cap EGX70 EWI as well as EGX100 EWI indices closed the session higher by …

UAE – Mubasher: The Abu Dhabi Chamber of Commerce and Industry highlighted a 23.80% year-on-year (YoY) rise in the number of certificates of origin issued in the January- May 2024 period.  In cooperation with Etihad Credit Insurance (ECI), the Abu …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) rose by 0.43% to 28,750.82 points at the end of Thursday’s session. Similarly, the EGX100 EWI closed the session higher by 0.05% at 9,335.50 points and the Shariah index rose by …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) added 1.48% to close Wednesday’s session at 28,628.19 points. The Shariah index rose by 1.38% to 2,736.30 points. Similarly, the EGX100 EWI as well as the small- and mid-cap …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) rose by 1.33% to 28,210.41 points on Tuesday. The Shariah index also increased by 2.32% to 2,698.07 points. Similarly, the EGX100 EWI as well as the small- and mid-cap EGX70 EWI …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) fell by 2.92% to close Sunday at 28,503.63 points. The Shariah index also declined by 3.13% to 2,705.23 points. Similarly, the EGX100 EWI as well as the small- and mid-cap EGX70 …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) edged down 0.06% to 29,359.87 points at the end of Thursday’s session. Likewise, the Shariah index fell by 0.92% to 2,792.78 points. The EGX100 EWI as well as the small- and …

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session in the green zone, with the EGX30 main index up 1.17% to 29,378.82 points. Both small- and mid-cap EGX70 EWI as well as EGX100 EWI indices closed the session higher …

Mubasher: Global demand for gold rose by 4% year-on-year (YoY) to 1,258 tonnes in the second quarter (Q2) of 2024, according to a report by the World Gold Council (WGC). The growth in demand was driven by a 53% YoY surge in over-the-counter (OTC) …

Cairo – Mubasher: Act Financial has started trading on the main market of the Egyptian Exchange (EGX) after increasing its capital by EGP 1.04 billion through issuing 360 million shares. The company’s market capitalisation has reached more than …

Cairo – Mubasher: The Egyptian Exchange (EGX) ended Tuesday’s trading session in the green zone, with the EGX30 main index up 0.65% to 29,039.42 points. Both small- and mid-cap EGX70 EWI as well as EGX100 EWI indices closed the session higher by …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) edged down 0.64% to close Monday at 28,851.23 points. Likewise, the EGX100 EWI declined by 0.11% to 9,590.94 points and the Shariah index fell by 0.27% to 2,758.83 points. On …

Cairo – Mubasher: Egypt’s production of steel rebar hiked by 37% year-on-year (YoY) to 4.15 million tonnes in the first half (H1) of 2024. The production growth was backed by the availability of the dollar currency and companies' tendency to …