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EGX 30, [1] previously named CASE 30 Index, is a stock market index for securities in Egypt, designed and calculated by EGX. EGX started disseminating its index on 2 February 2003 via data vendors, its publications, web site, newspapers etc. The start date of the index was on 2/1/1998 with a base value of 1000 points.
In 1902, the Brokers' Syndicate was formed, setting the initial regulations for stock market activities. [4] In 1903, the Egyptian Company for Banking and Stock Exchange was founded in Cairo as a limited liability company by a group of investors and brokers.
The CASE 30 is an index of the Cairo & Alexandria Stock Exchange in Egypt. It includes the 30 most active stocks in the Egyptian stock market , weighted to their market capitalization. The index was started with a base level of 1000 as of January 01, 1998.
Indexes were mixed after all three major averages closed at records on Wednesday. Bitcoin traded around $103,000.
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The Egyptian Exchange (EGX), founded in 1883, is the oldest stock exchange in Africa. One of the oldest bourses (exchanges) on the continent is the Casablanca Stock Exchange of Morocco , founded in 1929 and the JSE Limited in 1887 and Nairobi Securities Exchange in Kenya founded in1954.
Dubai's stock market fell on Thursday, pressured by Dubai Investments trading ex-dividend, while banks lifted the Saudi index. Dubai's index dropped 0.5 percent, with Dubai Investments plunging 9. ...
While it was likely to continue appreciating in the short-term, given the skyrocketing oil prices and the weakening US economy, the advent of the global economic crisis of 2008, and resulting behavior of foreign investors exiting from the stock market in Egypt increased the dollar exchange rate against the Egyptian pound, which rose by more ...