Arab Today, arab today egypt stocks surge on qatar libya aid pledges
Last Updated : GMT 22:49:43
Arab Today, arab today
Arab Today, arab today

Egypt stocks surge on Qatar, Libya aid pledges

Arab Today, arab today

Arab Today, arab today Egypt stocks surge on Qatar, Libya aid pledges

Cairo - Arabstoday

Egypt stocks ended the trading week up on Thursday, bolstered by fresh financial aid pledges from both Qatar and Libya worth a total of $5 billion. On Wednesday, Qatar announced plans to purchase $3 billion in Egyptian government bonds. Libya, meanwhile, has agreed to provide the Egyptian government with a $2 billion interest-free loan to be paid back over five years. Egypt\'s benchmark EGX30 index rose by 1.5 percent on Thursday to alight at 5,231 points, in a session that saw the highest trade volumes – some LE444.3 million – in five weeks. The broader EGX70 index, meanwhile, rose by 1.4 percent. Most heavyweight shares registered gains for the day, even though foreign investors were net sellers to the tune of some LE43.4 million. Orascom Construction Industries, Commercial International Bank and Orascom Telecom all rose on Thursday, by 0.5, 1.5 and 1.3 percent, respectively. Egyptian private-equity firm Citadel Capital and luxury property developer Palm Hills also recorded gains, rising a whopping 5.8 and 6 percent, respectively. Talaat Mostafa Group also rose by 4.8 percent, along with SODIC, which gained 1.8 percent. Egyptian investors ended the trading day as net buyers, picking up a total of LE41.8 million in shares. From : Ahram Online

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today egypt stocks surge on qatar libya aid pledges Arab Today, arab today egypt stocks surge on qatar libya aid pledges

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today egypt stocks surge on qatar libya aid pledges Arab Today, arab today egypt stocks surge on qatar libya aid pledges

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday