Egyptian Stock Market

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,…
Stock exchange closes down US$1.6 billion
Business

Stock exchange closes down US$1.6 billion

The Egyptian stock exchange fell sharply at the close of trading Sunday, losing about LE10 billion (US$1.6 billion), the largest…
Only 10% of registered stock investors are active, says expert
Business

Only 10% of registered stock investors are active, says expert

Only 10 percent of registered investors in the stock market are active traders, the head of a prominent stock brokerage…
Egypt market extends drop on uncertain election outcome
Business

Egypt market extends drop on uncertain election outcome

  Egypt's main share index drops 3.4 percent to its lowest since 26 January, extending a decline after a weekend…
Egypt market plunges after deadly football riots
Business

Egypt market plunges after deadly football riots

Egypt's benchmark stock index plunged within minutes of the start of trade Thursday as deadly soccer riots the night before…
Mubarak’s detention spurs Egyptian stock market
Business

Mubarak’s detention spurs Egyptian stock market

Egypt's benchmark stock index rallied moderately on Wednesday, gaining as investors hoped that the detention of former President Hosni Mubarak…
Stock exchange to remain closed through Wednesday
Business

Stock exchange to remain closed through Wednesday

A decision was made today to extend the suspension of trading on the Egyptian Stock Exchange through Wednesday to allow…
Following market dive, rights group calls for ban on money transfers abroad
Business

Following market dive, rights group calls for ban on money transfers abroad

The Nassar Human Rights Center sent a note to the attorney-general on Wednesday requesting that he ban the transfer of…
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