Geopolitics Alpha

Egypt’s foreign currency reserves reach US$ 57.50 billion

Published . Updated .

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GEOPOLITICS ALPHAEgypt’s foreign currency reservesreach US$ 57.50 billionGEOPOLITICS ALPHA

This report is about Africa.

Directly affected

  • No company is named in this report.

Indirectly affected

  • AFK VanEck Africa Index ETF

    VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“egypt”).

  • CEW WisdomTree Emerging Currency Strategy Fund

    WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Africa.

  • EEM iShares MSCI Emerging Markets ETF-4.4% 17d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa, which this story is about.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AFK-4.17%-1.13%baseafter closeafter closeafter closeafter close
CEW+0.00%+0.00%baseafter closeafter closeafter closeafter close
EEM+3.03%+3.88%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Egypt’s foreign currency reserves reach US$ 57.50 billion Egypt Independent

Source: Egypt Independent

This story

CompanyWhenMoveStatus
AFKthree days earlier-1.13%final price
AFKfive days earlier-4.17%final price
CEWthree days earlier0.00%final price
CEWfive days earlier0.00%final price
EEMthree days earlier+3.88%final price
EEMfive days earlier+3.03%final price

How solid “Egypt’s foreign currency reserves reach US$ 57.50 billion” looks

12 out of 100

“Egypt’s foreign currency reserves reach US$ 57.50 billion” scores 12 out of 100. The score uses 1 sources.