News

Egypt’s benchmark stock index tumbled over 3 percent on Monday, pulling the market lower for a second ... deepening the previous day’s 3.43 percent decline. The drop pushed the index’s ...
Following global stock market deterioration, the Egyptian Stock Market (EGX ... an-hour as 79 shares in 29 companies surpassed the decline benchmark of 5 percent. This suspension is the fourth ...
Reporting from Cairo — The Egyptian stock market fell precipitously ... Losses reached $2.8 billion at the peak of the decline. The stock market had been falling since May 29, the day after ...
CAIRO – Egypt's main stock index has fallen to its lowest level in almost two years. The market, known as EGX 30, closed at 6784.09 on Sunday, the start of the trading week, falling to its ...
Decline in oil prices ... Foreign investors' market behaviour was more inclined to selling, while Arab and Egyptian investors were more interested in buying stock. A purchasing behaviour was ...
Large government spending into the private sector. Strong and consistent private sector credit growth.
Last week, the benchmark index EGX30 saw a marginal decline of about 0.01% ... recent international and regional geopolitical developments could sway the Egyptian stock market’s trajectory shortly, ...
The escalating conflict between Israel and Iran cast a heavy shadow over Arab financial markets on Sunday, triggering sharp ...
CAIRO, July 5 (Reuters) - Activity in Egypt's non-oil private sector continued to decline in June although ... principal economist at S&P Global Market Intelligence. Annual urban consumer ...
In 2022 I reviewed whether stock market drops foretold recessions. Using a 20% decline as a threshold for a bear market, here’s what I found. “The stock market did not drop this much from its ...