New Companies joining EGX and NILEX
EGX's listing committee approved yesterday two companies to be added to the main market (EGX) and another two to be added to NILEX market for small & mid cap companies.
1M | 3M | YTD | 1Y | 2Y |
+1.21% | -11.14% | +6.16% | +51.10% | +164.69% |
Value Traded (Mln EGP) 1,978.41 |
Volume 452,459,462 |
Transactions 59,536 |
Market Cap. (Bln EGP) 1,873.03 |
EGX's listing committee approved yesterday two companies to be added to the main market (EGX) and another two to be added to NILEX market for small & mid cap companies.
In light of finalizing NILEX listed companies all their financial and execution disclosure material, the Egyptian Exchange decided to extend its trading hours to be 4 hours starting Monday 7th, October 2013 trading session.
The Egyptian Exchange (EGX) management started addressing listed companies in NILEX to update disclosure of their financial statuses to be announced before the beginning of the next week. This comes as a step to boost investor confidence in NILEX companies.
The Egyptian Exchange continued to rally for the second session running on Monday 22/7/2013 powered by extensive purchases by Arab and Egyptian investors hopeful of an economic improvement after the arrival of the first tranche of a Saudi aid worth two billion dollars following the UAE delivery on a promised three-billion-dollar assistance.