Egyptian Exchange Briefing 27/02/2023
The Egyptian Exchange witnessed a decline in its major indices on Monday, with EGX 30 declining by -0.67 percent.
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Egyptian Exchange Briefing 26/02/2023
The Egyptian Exchange witnessed a remarkable incline in its main indices on Sunday.
Asian Stock Market Briefing 24/02/2023
The Asian stock market witnessed a fall in the Shanghai index (SSEC) with a percentage of -0.62.
Cairo bourse opens week with modest losses, drops 0.32%
Cairo bourse started the week with modest losses estimated at 198 million Egyptian pounds on Arab selling…
Smart Vision honours Amwal Al Ghad’s late Sara Emam
Smart Vision has awarded late Sara Emam, the managing editor of Money Market Section at Amwal Al Ghad Magazine in…
Asia shares mixed, dollar strong after U.S. jobs data boosts case for Fed hike
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Europe shares jump despite further massive falls in China
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US stocks close lower as Sept. rate-hike talk gains steam
U.S. stocks finished lower Tuesday, but off the session lows hit when one Federal Reserve president indicated a…
Japan’s shares end longest winning streak since 1988
Japan's Nikkei has ended its longest winning streak since 1988, closing lower after 12 straight days of gains. The…
Europe stocks stumble, dollar lifted by U.S rate view
European shares fell in thin trade on Monday while the dollar powered ahead after U.S. Federal Reserve Chair…
Yellen Sees Rate Rise in 2015, Gradual Tightening Thereafter
Federal Reserve Chair Janet Yellen said she still expects to raise interest rates this year if the economy meets…
Russia’s Economy Falls In Q1 as Woes Mount
The Russian economy has contracted in the first three months of 2015 because of low oil prices, weaker spending and…
Asian Shares Wilt As Worry Over Greece Saps Risk Appetite
Asian shares fell on Tuesday as a stronger dollar fueled a further selloff in commodities, and as political…
In Week, Egypt Indices Lose EGP14bn, EGX30 Dives
In a week, Egypt’s stock Exchange (EGX) encountered massive losses amounting to 14 billion Egyptian pounds (US$1.9…
Tokyo Stocks Tumble As Weak Global Data Spook Markets; Yen Gains
Japanese stocks were knocked hard on Thursday as weak global manufacturing activity and an Ebola health scare in…
Wall Street Drifts To Another Record In Light Trading
U.S. stocks were little changed on Wednesday, with the S&P 500 creeping up to another record closing high in a…
Egypt Stocks Open this Week Lower, Lose EGP1.5bn
Egypt's stocks opened a new week lower with losses amounting to 1.5 billion Egyptian pounds driven by early local…
Asia Stocks Rally, Dollar Slips As Emerging Market Fears Wane
Asian shares built on their recent rally on Monday as worries about emerging markets continued to ebb, sucking the…
Mobinil Egypt Fell by EGP457.65 mln in 2013
The Unaudited Business Results of the Egyptian Company for Mobile Services (Mobinil) - (EMOB) fell by 97.7% in…
Big Year Ends With Wall Street Hopeful For 2014a
As Wall Street's best year in more than 15 draws to a close, few are expecting a repeat performance in 2014, though…
As Egypt’s Interim Govt Takes Oath, Stocks Lose EGP1.5 bln
Egypt’s stock market has closed lower on Wednesday following the formation of the interim government which has…
Political Instability Woes Drag Egypt’s Benchmark 7% Lower In Week
In a week that witnessed mostly red performance, Egypt bourse has lost EGP 18.9 billion driven by growing…
EGX 30 Dives 3.8% In Week As Economic Chaos Weighs
In a week, the Egyptian Exchange has incurred losses of EGP 10.1 billion driven by the country’s economic chaos and…
Asia Stocks Rise; Tokyo Climbs After Brief Retreat
Asian stocks mostly rose Friday as investors pushed up commodity-related firms, while shares in Tokyo briefly slid…
OPEC & Abraaj Capital to Launch A Fund for SMEs
Offshore Power Expert Corporation Company Limited (OPEC), an American governmental organization specialized in…
Chinese Stocks Gain, But Japan Slips
Asia shares traded mixed in a choppy session Monday as losses for blue-chip names weighed in Tokyo, while weak data…
Egypt Cbank Accepts Repos Worth 10.8 Bln Eg Pounds
Egypt's central bank accepted 10.837 billion Egyptian pounds ($1.78 billion) in seven-day repurchase agreements in…
S.Africa Stocks Hit New Record High On Euro Zone Hopes
S.Africa's shares hit a new record high as equities rallied on hopes that meetings on Greece's future this week…
IMF Loan Agreement Is Inevitable: Experts
Experts and officials of the Egyptian authorities head their concerns to the delegation of International Monetary…
European Shares Ease, Euro Helped By ECB Story
European shares eased after last week's strong performance on Monday while a report that the European Central Bank…
Asia Stocks Brighten, But Shanghai Drops Again
Asian stocks saw some gains Tuesday, with airlines aloft and steel makers shining, though the Shanghai market…
Europe Stocks Higher After German, French GDP
European stock markets opened higher Tuesday, underpinned by better-than-expected German and French gross domestic…
Asia Stocks Struggle, But Sydney Gains
Stocks struggled to gain traction in choppy range-bound trading across Asia on Monday, although the Australian…
China Stocks Lag Asia Markets Ahead Of Data Deluge
Most Asia markets headed for their third straight day of gains Wednesday, with resource stocks and exporters strong…
Europe Stocks Open Lower, Led By ING, BG Group
European stock markets opened lower on Wednesday as investors consolidated recent gains, and after Standard &…
UAE Exchange Houses May Charge For Remittances To Pakistan
The Foreign Exchange & Remittance Group (FERG) has announced that exchange companies in the UAE may have to…
Asia Stocks Cheer U.S. Data, Europe Optimism
Asian shares climbed Monday, joining in a global stock rally triggered by stronger U.S. economic data and optimism…
Japan Stocks Rise, But China Sinks
Asia markets offered a split decision Thursday in cautious trading ahead of the highly anticipated European Central…
Europe Stocks Choppy As ECB Decision Looms
European stock markets inched cautiously higher in early trade on Thursday, led by banks and oil firms, as…
Asia Stocks Mostly Up But China, India Lag Behind
Asian shares traded mostly higher Tuesday, as investors welcomed earnings-related gains from HSBC Holdings PLC,…