Updates

Wall Street gains as traders bet on Clinton triumph

November 8, 2016/Reuters By Noel Randewich U.S. stocks rose for a second straight session on Tuesday as investors bet Democratic candidate Hillary Clinton would win the U.S. presidential election. Wall Street sees the former secretary of state as a status quo candidate lending stability to the markets, while Republican candidate […]

Statement by IMF Managing Director Christine Lagarde on Egypt

November 8, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today: “Over the past few months, the Egyptian authorities have embarked on an ambitious reform program to put the country’s economy on a sustainable path and achieve job-rich growth. “The liberalization of […]

NSE Closes in Red 5th-Consecutive Session, Biggest Y-t-D

November 8, 2016/Cordros Research Equities extended decline to the fifth session in a row, with the All Share Index losing by 1.95% to close at 26,364.27 points. Today’s loss is the biggest since the 2.33% loss recorded on 2nd September this year. Following the decline, the market’s negative return has […]