EGX 30

Stock exchange up LE1.4 billion
Business

Stock exchange up LE1.4 billion

Stock exchange indices collectively rose by the end of Tuesday trading in Egypt, following a decline in the last four…
Stock market slightly rises at end of trading
Business

Stock market slightly rises at end of trading

Egypt’s stock market rose slightly by the end of trading Sunday, the first session of the week, reversing the significant…
New tax casts gloom over stock exchange
Business

New tax casts gloom over stock exchange

The EGX30, the Egyptian Stock Exchange's main index, fell 0.55 points Wednesday, continuing its downward spiral that began last week.…
Stock market loses LE5.2 bn amid political uncertainty
Egypt

Stock market loses LE5.2 bn amid political uncertainty

The stock market lost about LE5.2 billion by the end of trading Sunday, influenced by an absence of positive news…
EGX stocks rise slightly despite tumultuous market
Business

EGX stocks rise slightly despite tumultuous market

The stock exchange saw its value rise slightly by end of trading Thursday, thanks in part to strong buying trends…
Sawiris’ OCI looks to move outside Egypt, and its stocks may follow
Business

Sawiris’ OCI looks to move outside Egypt, and its stocks may follow

Orascom and a group of American investors, among them Microsoft giant Bill Gates, have set into motion a transaction set…
Qatari deposit pushes stock market up by 1.08 percent
Business

Qatari deposit pushes stock market up by 1.08 percent

The stock exchange rose Wednesday after Qatar raised its financial support to Egypt by US$5 billion.
Egypt bourse to join new Pan-African Index
Business

Egypt bourse to join new Pan-African Index

Egypt’s listed companies will join the new Pan-African Index when it goes live Monday, which will encompass 19 stock exchanges…
Update: Market makes modest recovery as board meets over fluctuations
Business

Update: Market makes modest recovery as board meets over fluctuations

A statement by the Egyptian Exchange, a copy of which was obtained by Egypt Independent, said the stock market's board had…
No closure after market plunge, further losses expected
Business

No closure after market plunge, further losses expected

Egypt’s stock market lost LE29.3 billion of total market capitalization on Sunday, the third largest single-day drop since January 2011,…
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