amwalalghad :: EGX

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        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        United Arab Shipping   0.43        Egyptians Housing Development    1.94        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        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        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

Islam Salah - 2015-01-31 17:30:43
In January, Egypt stock market shares gained 26.7 billion Egyptian pounds (US$3.5 billion). The country's main stock index, EGX30 jumped by 10.27% during one month of trading to close at 9843 points. For the mid- and small-cap index, the EGX70 edged up by 1.97% to close at 577 points. The price index EGX100 also surged by 5.01% to conclude at the level of 1145 points. Furthermore, market capitalization ended at EGP 526.773 billion by the end of January’s sessions, 5% up from EGP 500.02 billion by the end of last December’s sessions. Turnovers & Market Summary Throughout January, EGX’s traded volume reached around 2.887 million securities worth turnovers of around EGP 21.7 billion, exchanged through 476 thousand transactions. Noting that, through last December the traded volume had reached 4.764 million securities worth turnovers of around EGP 27.0 billion, exchanged through 623 thousand transactions. Elsewhere, the traded volume for the EGX of SMEs – NILEX during January has amounted to 15.1 million securities worth EGP 24.4 million, exchanged through 4225 thousand transactions. For EGX’s Over-The-Counter - OTC trading, the shares had seized 66.14% out of the total traded value; while traded value of the bonds represented around 33.86% in January. More»
Amwal Al Ghad English - 2015-01-29 13:59:01
Saudi Arabia’s Fawaz Alhokair Group plans to raise as much as $400 million from the sale of shares in its Egyptian malls unit, owner of one of the country’s largest shopping centers. The family-owned group appointed CI Capital to advise on the offer, Muhanad Awad, chief executive officer of FAS Capital, the financing and investment arm of Alhokair, said in a Riyadh interview. Alhokair will sell a 25 to 30 percent stake in Egyptian Centres, which operates Cairo’s Mall of Arabia. Proceeds from the sale will be used to fund expansion of Mall of Arabia and develop new shopping centers, he said. The company expects to raise between 2.5 billion and 3 billion Egyptian pounds ($340 million to $400 million), Awad said. Egyptian Centres will join companies including Twinkie cake maker Edita seeking to take advantage of a surge in Egypt’s stock market and the return of political stability after the election of Abdel-Fattah El Sisi as President last year. The benchmark EGX 30 Index is the ninth-best performing stock index in the world over the past 12 months, according to data compiled by Bloomberg. “We are performing very well in Egypt and we think it will be the right time to IPO that business in the next 18 to 24 months,” said Awad. Alhokair is also planning a $2 billion initial public offering in its Saudi Arabian Arabian Centres malls unit. More»
Yomna Yasser - 2015-01-29 13:53:02
Egypt’s stock market end this week higher recording gains 3.5 billion Egyptian pounds (US$461.06 million). However, the country’s main stock index, EGX30 closed lower below 9845 points. The rest of the Egyptian Exchange’s indices were wavering in mixed notes during the closing session of Thursday. Indices: The main stock index, EGX30 fell by 0.21 per cent to 9843.1 points. EGX20 dropped by 0.12 per cent to 10965.06 points. Meanwhile, the mid- and small-cap index EGX70 went up by 0.21% to 576.56 points. The price index, EGX100 also grew by 0.21% to 1145.05 points. Turnovers less below EGP1 billion Through the closing session of Thursday, the trading volume has reached 138.282 million securities, with turnovers climbed to EGP 637.076 million, exchanged through 25.818 thousand transactions.                        Also during the closing session, 187 listed securities have been traded in; 111 declined, 48 advanced; while 22 kept their previous levels. Furthermore, the market capitalization recorded EGP 526.773 billion on Thursday. More»
Yomna Yasser - 2015-01-28 13:53:25
Egypt’s stocks fell on Wednesday registering losses worth 1.6 billion Egyptian pounds (US$214.2 million) amid non-Arab large selloffs. Consequently, the country’s main stock index, EGX30 slumped below 9865 points. The rest of the Egyptian Exchange’s indices were wavering in red notes during the closing session of Wednesday. Indices: The main stock index, EGX30 edged down by 0.83 per cent to 9863.73 points. EGX20 tumbled by 0.95 per cent to 10977.93 points. Meanwhile, the mid- and small-cap index EGX70 fell by 0.74% to 575.34 points. The price index, EGX100 also dropped by 0.31% to 1142.65 points. Turnovers less below EGP1 billion Through the closing session of Wednesday, the trading volume has reached 149.610 million securities, with turnovers climbed to EGP 981.750 million, exchanged through 28.621 thousand transactions.                        Also during the closing session, 186 listed securities have been traded in; 100 declined, 57 advanced; while 23 kept their previous levels. Furthermore, the market capitalization recorded EGP 523.256 billion on Wednesday. More»
Yomna Yasser - 2015-01-27 13:33:12
Egypt’s stock market shares surged on Tuesday posting gains worth 3.8 billion Egyptian pounds (US$510.7 million) powered by local and Arab investors’ strong buying appetite. Accordingly, the country’s main stock index, EGX30 also inched higher to exceed 9945 points. The rest of the Egyptian Exchange’s indices were wavering in green notes during the closing session of Tuesday. Indices: The main stock index, EGX30 climbed by 1.14 per cent to 9946.58 points. EGX20 edged up by 1.29 per cent to 11082.71 points. Meanwhile, the mid- and small-cap index EGX70 grew by 1.19% to 579.63 points. The price index, EGX100 also rose by 0.37% to 1146.25 points. Turnovers above EGP1 billion Through the closing session of Tuesday, the trading volume has reached 179.492 million securities, with turnovers climbed to EGP 1.448 billion, exchanged through 34.085 thousand transactions.                       Also during the closing session, 191 listed securities have been traded in; 42 declined, 121 advanced; while 25 kept their previous levels. Furthermore, the market capitalization recorded EGP 524.907 billion on Tuesday. More»
Yomna Yasser - 2015-01-26 13:47:32
Egypt’s stock market shares incurred slight losses worth 347 million Egyptian pounds (US$46.6 million) on Monday amid Arab selloffs. The country’s main stock index, EGX30 retreated below 9835 points. The Egyptian bourse had delayed trading this morning one minute 26 to mourn the death of Saudi King Abdullah. Accordingly, the session started at 10:01 a.m. EGX was closed on January 25 on the occasion of the January 25 Revolution. The rest of the Egyptian Exchange’s indices were wavering in mixed notes during the closing session of Monday. Indices: The main stock index, EGX30 went down by 0.65 per cent to 9834.81 points. EGX20 plunged by 0.99 per cent to 10941.54 points. Meanwhile, the mid- and small-cap index EGX70 rose by 0.50% to 572.81 points. The price index, EGX100 also grew by 0.12% to 1142 points. More»
Amwal Al Ghad English - 2015-01-26 10:08:02
Dubai’s Emaar Properties will list part of its shares on Egypt’s bourse within the second quarter of this year, two senior sources from the Egyptian capital market said on Monday. The sources further stated that the initial public offering (IPO) would value Emaar Egypt unit at around 2 billion Egyptian pounds (US$270 million). One of the Egyptian capital market sources, who spoke to Reuters on condition of anonymity, said: “within the coming few days, Emaar Misr will submit its papers for listing on (Egypt) bourse.” “The IPO will be in the second quarter in God’s willing ….. The IPO is definitely to exceed two billion pounds.” Emaar Misr has an investment portfolio of 53 billion Egyptian pounds ($7.41 billion), according to Misr's website. Its projects include Uptown Cairo, which is spread over 4.5 million square metres, and includes a business park, residential properties, resorts and a golf course. In May 2014, Arabian Cement Co. was the first company to sell shares in Egypt since the 2011 uprising that ousted President Hosni Mubarak. *This news story has been translated and edited by Amwal Al Ghad English More»
Amwal Al Ghad English - 2015-01-26 08:58:22
The Egyptian stock Exchange (EGX) said on Monday it delayed trading one minute 26 to mourn the death of Saudi King Abdullah. Accordingly, the session started at 10:01 a.m. Kuwaiti, Omani and Bahraini markets were closed on Sunday, January 25, mourning the death of Saudi King. EGX was closed on January 25 on the occasion of the January 25 Revaluation. More»
Amwal Al Ghad English - 2015-01-25 09:36:26
The Egyptian Stock Exchange is closing trading today, Sunday due to a public holiday marking the fourth anniversary of January 25 revolution. Trading on the exchange will resume next day on Monday, 26 January. More»
Wael Al Tokhy - 2015-01-22 14:50:16
Raya Contact Centre, a fully owned subsidiary of Raya Holding, is planning to list some of its shares in the Egyptian stock Exchange (EGX) in the first half of current year. Raya Contact Center is a world-class business process outsourcing service provider offering contact center services, back office services, inside sales channel management and professional services. According to Ahmed Ali – Raya’s Finance Director, Raya Contact is currently conducting studies to determine the number of shares to be offered alongside the fair price value. Meanwhile, Raya Contact Centre also plans to launch within the current year its training courses in cooperation with Information Technology Industry Development Agency (ITIDA), aiming to qualify university students and graduates, Ali noted. Raya’s Finance Director further pointed out that the company also intends to establish two call centres to locate in Poland and Dubai within the first quarter of the current year. More»