Sunday, 3 March 2019

Egypt Shares Gain in Best Start to a Year Since 2014: Inside EM - Bloomberg

Egypt Shares Gain in Best Start to a Year Since 2014: Inside EM - Bloomberg:

Egyptian stocks were among the biggest gainers in the Middle East, extending the main index’s best start to a year since 2014.

The EGX30 Index, already one of the world’s top performers so far this year, climbed 0.8 percent, led by an advance in Commercial International Bank Egypt, which accounts for more than a third of the gauge. Eastern Tobacco jumped as much as 5.6 percent after Chemical Industries Holding Co. said it would sell part of its stake in the company.

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