ECB’s Escriva warns of US tariffs’ toll on euro zone economies
The Bank of Spain will revise down its 2025 economic growth forecast due to the impact of new US tariffs, Governor…
Browsing Tag
Selloff
Tech stocks rebound after DeepSeek AI shakeup
Global technology shares showed signs of recovery on Tuesday following a massive selloff triggered by the launch of…
Cairo stock market cap falls 3% in week a foreign selloff
A selloff by foreign institutional investors triggered a 3 percent weekly fall in the market capitalisation of…
Stocks in Egypt tumble 0.36% amid foreign selloff on Tuesday
Egyptian stock market ended trade further lower on Tuesday amid heaving foreign selloffs. Main index, EGX30 tumbled…
Egypt stocks plunge on heavy non-Arab selloff
Egypt’s stock market dived Monday on heavy selloffs from non-Arab foreign investors. Main index, EGX30 slipped 2.24…
Egypt stocks start week 0.12% lower
Egypt's stock market ended lower on Sunday driven by local and non-Arab foreign selling pressures. The country’s…
Stocks in Egypt end week 0.3% lower
Egypt’s stocks fell Thursday as non-Arab foreign investors sell. Main index, EGX30 dropped 0.30 percent, to 7913.94…
Egypt stocks sank on local, Arab selloff
Egyptian stock market ended lower on Wednesday driven by local and Arab investors’ selloff. Main index, EGX30 dived…
Stocks in Egypt shut 0.8% lower on Sunday
Egyptian stock market traded lower on Sunday on Arab investors’ selling pressures. Main index, EGX30 tumbled 0.79…
Technology stocks selloff may turn IPO chill into IPO freeze
This winter was supposed to be Nutanix's time to shine. The high-tech computing and storage company filed for a…
Cairo stocks end this week 0.30% lower
Stock market finished this week’s trading lower with losses worth 1.5 billion Egyptian pounds driven by local…
Cairo stocks move lower on foreign selloff Tuesday
Egypt’s stock market slumped Tuesday to incur losses worth 1.37 billion Egyptian pounds (US$175 million) driven by…
S&P 500 ends flat as biotech selloff offsets Yellen comments
The S&P 500 erased an early Fed-driven rally to close down slightly on Friday, as a selloff in biotechs offset…
Cairo stocks 0.7% down on foreign selloff
Egypt’s stocks incurred losses Wednesday worth 1.2 billion Egyptian pounds (US$153.2 million) driven by foreign…
Egypt bourse extends gains, yet main index slumps
Cairo stock market gained Tuesday 1.2 billion Egyptian pounds (US$153.3 million). Yet, the stocks ended in red at…
Eni’s giant gas find triggers Israel stocks selloff
A gas discovery in the eastern Mediterranean that has the potential to transform the region’s energy balance…
Egypt stocks suffer worst one-day drop since December 2013
Fears of a China-led global economic slowdown drove Cairo stocks to their steepest one-day drop since December 2013…
Egypt stocks end week with $447mn losses
Cairo stocks closed in less red Thursday recording losses of 3.5 billion Egyptian pounds (US$447.15 million) as…
Egypt incurs $1.1bn in stock market losses
Cairo stocks extended their downturn trend Wednesday incurring losses worth 8.5 billion Egyptian pounds (US$1.1…
Egypt Stock Market 1.46% down on local, Arab Selloffs
Egypt's stock market tumbled Monday, incurring losses worth 1,7 billion Egyptian pounds (US$217,083 million)…
Oil Prices stabilise after Massive selloff, but Outlook remains Weak
Crude oil prices steadied on Tuesday, after posting one of their biggest selloffs this year in the previous session…
Egypt Stocks Mixed on Arab Broad Selloff
Stocks closed with mixed notes, encountering loses of 701 million Egyptian pounds (US$92 million) as Arab…
Egypt Stocks fall on Fifth Day of Ramadan
Stocks traded lower amid Arab investors’ selloff Monday, fifth day of the Muslim holy month of Ramadan. Yet, the…
Egyptian Stocks start new Week with $419 million Losses
Egypt’s stocks start a new week of trading lower with losses worth 3.2 billion Egyptian pounds (US$419.3 million)…
Asian Stocks at two-week Lows as Bond woes spread, Dollar slips
A selloff in global sovereign bonds pushed Asian stocks to two-week lows on Wednesday as investors worried it might…
U.S. stocks drop as Technology, Biotech sell off
U.S. stocks tumbled on Wednesday, declining for the third straight session, as a selloff in technology and biotech…
Dollar Finds Steadier Footing, Takes Breather From Selloff
The dollar hovered above a two-week low versus a basket of major currencies on Wednesday, pausing from the recent…