amwalalghad :: EGX

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        Egyptians Housing Development    1.94        United Arab Shipping   0.43        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        


Money Markets - EGX

Noha Gad - 2016-02-07 14:26:56
Egyptian stock markets started the week with gains estimated at 1.6 billion Egyptian pounds (US$204.3million ) on local  buying appetite. The market capitalisation recorded 398.346 billion pounds during the closing session of Sunday. Indices Egypt’s benchmark index, EGX30 declined by 1.22 percent to 6126.47 points. The EGX50 EWI index went down by 1.35 percent to 1100.93 points. EGX20 dropped by 1.90 percent to 6140.01 points. In addition, the mid- and small-cap index EGX70 boosted by 0.80 percent to 352.25 points. The price index, EGX100 increased by 0.10 percent to 709.3 points. More»
Yomna Yasser - 2016-02-06 16:57:14
Egypt’s stock market posted weekly gains worth 9.3 billion Egyptian pounds (US$1.2 billion). Market capitalisation ended at 396.657 billion pounds last Thursday.IndicesMain index, EGX 30 edged up 3.6 in a week to close at 6202.22 points during Thursday’s session, compared to 5987 points a week earlier. The main index registered its highest point on Thursday closing at 6202.22 points, whereas its lowest point recorded on Monday at 5906.92 points. In addition, the mid- and small-cap index, the EGX70 fell in a week by 2 percent closing at 349 points during Thursday's session, from 356 points a week earlier. Price index, EGX100 also tumbled 0.8 percent finishing at 709 points during Thursday's session, versus 715 points a week earlier. Turnovers Through last week, the trading volume hit around 987 million securities; while traded value reached 4.2 billion pounds. More»
Noha Gad - 2016-02-03 14:45:54
Egyptian stock market edged higher on Wednesday attaining gains estimated at 4 billion Egyptian pounds (US$ 510.8 million) on local and Arab buying appetite. The market capitalisation recorded 396.657 billion pounds during the closing session of Wednesday. Indices: Egypt’s benchmark index, EGX30 jumped by 0.96 percent to 6066.54 points. The EGX50 EWI index went up by 0.67 percent to 1107.56 points. EGX20 rose by 1.02 percent to 6157.82 points. In addition, the mid- and small-cap index EGX70 boosted by 0.30 percent to 350.25 points. The price index, EGX100 increased by 0.55 percent to 707.57 points. More»
Amwal Al Ghad English - 2016-02-03 13:12:58
Egyptian dairy firm Arabian Food Industries Co. (Domty) is planning an initial public offering (IPO) on the Cairo bourse in March, Chairman and Managing Director Omar El Damaty told Reuters Wednesday. Market sources say the firm plans to raise around 1 billion Egyptian pounds ($127.71 million) through the listing. More»
Amwal Al Ghad English - 2016-02-02 19:00:58
Egyptian stocks closed Tuesday with gains worth 4.2 billion Egyptian pounds (US$536 million). Benchmark index EGX 30 climbed up 1.7 percent as Arab investors made net purchases, after shares dropped to attractive prices.Market capitalisation has recorded 392.639 billion pounds during the closing session of Tuesday. EGX 30 reached 5,983 points up from 5,908 points the day before. Yet, EGX 70 for small and medium enterprises retreated by 0.9 per cent, and the broader EGX 100 dropped by 0.5 per cent. Arab investors recorded net purchases of 51.8 million pounds, while foreign and Egyptian investors recorded net sales valuing 4.4 million pounds and 47.3 million pounds, respectively. Global and Arab markets largely faced a decline today as oil prices continued to slide. The stock market's main index had dropped on Monday by 1.4 percent as local companies were affected by Sunday's decision to increase tariffs on a range of imports in addition to the falling oil prices. The decision marked the latest efforts by the authorities to curb dollar spending on imports as the country struggles with a currency crisis. Egypt aims to reduce its import bill by 25 percent in 2016, from $80 billion in 2015. More»
Islam Salah & Gehad Abd El-Ghany - 2016-02-02 14:42:47
Egypt’s EFG-Hermes, the leading investment bank in the Middle East, says Tuesday it plans to run some new initial public offerings (IPOs) in food, healthcare, education, industrial sectors. Mostafa Gad – EFG Hermes’ investment banking director – told Amwal Al Ghad Tuesday the anticipated IPOs would be in favour of firms operating in MENA markets. In 2015, EFG Hermes has successfully run around four IPOs for Orascom Construction, Edita Food Industries, Emaar Misr, and Integrated Diagnostics Holdings (IDH). More»
Amwal Al Ghad English - 2016-02-02 09:46:21
Nasdaq Dubai, the region’s international financial exchange, has created a new share link with Egypt’s Misr for Central Clearing, Depository and Registry (MCDR), to enable Egyptian investors to easily buy and sell shares on Nasdaq Dubai. The new link is useful for individual investors, who can use their Egyptian broker to trade easily on Nasdaq Dubai through MCDR, using Egyptian pounds, according to a Monday statement. “As the Middle East’s international exchange, Nasdaq Dubai opens a door to the global capital markets for investors based in the region,” Chairman and Managing Director of MCDR Mohamed Soliman Abdel Salam said. Vice Chairman and Managing Director of MCDR Tarek Abdelbary said Nasdaq’s link with MCDR is a significant new step towards facilitating dual listings by issuers in Egypt and the UAE. “Nasdaq Dubai equities offer Egyptian investors new opportunities that are regulated to international standards,” CEO of Nasdaq Dubai Hamed Ali said during his visit to Cairo over the past few days. “Our link with MCDR is a significant step forward in Dubai’s expanding capital markets ties with Egypt, which also include opportunities for Egyptian companies to dual list securities on Nasdaq Duba.” The new link enables Egyptian brokers to trade Nasdaq Dubai securities through a member of Nasdaq Dubai. As for MCDR, it acts as settlement agent and custodian through its connection with Nasdaq Dubai’s central securities depositary to support the transfer of shares between Egypt and Dubai, according to the statement. In March 2015, Orascom Construction’s primary listing at Nasdaq Dubai took place, which included a dual listing with Egypt enabled by MCDR. In August 2015 Beltone Market Maker, a subsidiary of Egyptian investment bank Beltone Financial Holding, joined Nasdaq Dubai as a member to provide market making services. More»
Aya Salah Eddin - 2016-02-01 14:36:08
Egypt’s bourse dropped Monday with losses worth 2.6 billion Egyptian pounds (US$ 332 million) on Local and foreign sell offs. Market capitalisation has reached 388.427  billion pounds during the closing session of Monday. Indices Egypt’s benchmark index, EGX30 edged down 1.43 percent to 5906.92 points. EGX50 EWI index tumbled 1.14  percent to 1084.39 points. EGX20 decreased 1.80 percent to 5945.56 points. On the other hand, the mid- and small-cap index EGX70 went down 1.13 percent to 352.28 points. The price index, EGX100 sagged 1.12 percent 707.58 points. More»
Aya Salah Eddin - 2016-01-31 14:20:21
Egypt’s bourse fell slightly Sunday with losses worth 205 million Egyptian pounds (US$ 26 million) despite local buying appetites. Market capitalisation has reached 391.121 billion pounds during the closing session of Sunday. Indices Egypt’s benchmark index, EGX30 rose 0.10 percent to 5992.72 points. EGX50 EWI index went down 0.19  percent to 1096.95  points. EGX20 decreased 0.58 percent to 6054.3 points. On the other hand, the mid- and small-cap index EGX70 grew 0.15 percent to 356.39 points. The price index, EGX100 hiked by 0.10 percent 715.62 points. More»
Gehad Abd El-Ghany - 2016-01-30 17:47:26
Egypt’s stock market posted weekly gains worth 10.8 billion Egyptian pounds (US$1.4 billion) during four trading sessions. Trading shut for one day on the occasion of the 25 January Revolution anniversary as well as Police Day. Egypt's rally comes in tandem with rallies in the Gulf, after oil prices made a rebound last week. Oil prices rose on Friday, rebounding more than 25 percent from 12-year lows hit last week and cutting losses for the month, Brent March futures LCOc1, which expired on Friday, closed at $34.74 a barrel, 85 cents or 2.5 percent higher. On Jan. 20, it hit $27.10, its lowest since November 2003. Oil prices have dramatically fallen over the past year and a half, since the global market has been flooded with supply. Brent crude had hit its lowest point in 12 years, earlier this month, dropping below $30. More»