Stock

Egypt stocks surge as market capitalization hits record high

CAIRO, Jan 11 (MENA) – Egyptian stocks closed sharply higher on Sunday, the first trading session of the second week of 2026, driven by strong buying from investors amid optimism over the outlook for the economy and key sectors, traders said. Market capitalization of listed companies rose by about LE47 billion by the end of …

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Egypt Independent January 13, 2026

Tesla stock tanks after Trump dismisses Musk’s new political party plan and calls him ‘off the rails’

London CNN — Shares in Tesla tanked by as much as 7.6 percent in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump. Tesla stock (TSLA) later recovered some of its earlier losses but was still 6.5 percent …

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Egypt Independent July 7, 2025

U.S. stock markets bounce back after Trump tariffs shock—but nerves abound

Traders work on the floor of the New York Stock Exchange in New York City during morning trading on April

NPR NEWS April 9, 2025

Gravity may be finally catching up to Elon Musk as Tesla stock tumbles

New York CNN — Elon Musk’s DC power grab hasn’t been the Tesla-stock jet fuel investors were expecting. Tesla shares have fallen more than 40 percent since January — erasing all of the “Trump bump” that briefly saw the stock gain more than 90 percent after Election Day. Musk, whose wealth is overwhelmingly linked to …

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Egypt Independent March 20, 2025

Woolies rushes to deck the shelves with Christmas stock

Woolworths is working overtime to stack its shelves ahead of Christmas, after 17 days of industrial action cost it big

Australian Associated Press December 10, 2024

Matiur Rahman’s stock scandal exposes market corruption

Matiur Rahman, a former senior official of the National Board of Revenue (NBR), has become the face of a scandal

Weekly Blitz June 29, 2024

Trump calls Facebook the enemy of the people. Meta’s stock sinks

New York CNN — Facebook once again finds itself in the crosshairs of former President Donald Trump. And that’s making some traders on Wall Street nervous. Meta Platforms (META), the owner of Facebook and one of the stars of the recent market rally, fell about 4% on Monday after Trump called into CNBC and labeled …

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Egypt Independent March 13, 2024