Wednesday 27 November 2024
 
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Egypt stocks

Invest AD unit buying Egyptian stocks

Abu Dhabi-owned Invest AD's asset management arm has been buying Egyptian stocks this week as the stock exchange reopened after 7 weeks and stock prices reached attractive levels, the firm's CIO said. 'We reduced our position i

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Global turmoil hits Egypt stocks

Turmoil in global equity markets hit Egypt's main stock indexes on Tuesday for the second straight session, traders said, with the benchmark CASE 30 falling nearly 3 percent. "This is just in line with global markets. People are panicked,"

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