amwalalghad :: EGX

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        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        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        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        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        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        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        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        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

Yomna Yasser - 2016-07-21 14:26:46
Stocks in Egypt have extended the previous day’s drop lower as main index, EGX30 slid 0.89 percent, to 7436.87 points after gap between Egypt's official and unofficial dollar rates hit its widest ever on Thursday. The Egyptian pound further weakened early Thursday between 11.85-12.05 pounds per dollar early on Thursday, more than 35 percent above the central bank's official rate of 8.78. This comes a day after the central bank governor raised the option of a second devaluation of the country's pound. The central bank has been keeping the currency artificially fixed at 8.78 pounds since its devaluation in mid-March. Since the central bank's comments to local media on July 3 about the fixed currency rate being a "mistake", the pound has tumbled in the black market, and economists believe a further devaluation - possibly accompanied by further interest rate hikes - may be imminent. More»
Amwal Al Ghad English - 2016-07-20 14:54:29
Egyptian stocks closed lower on Wednesday weighed by foreign selling pressures; main index, EGX30 plunged 1.23 percent, to 7503.36 points. Other indices; EGX50 EWI index also edged down 1.52 percent, at 1332.58 points; while EGX20 sank 2.06 percent, to 7817.37 points. Mid- and small-cap index EGX70 dropped 0.43 percent, to 358.07 points. Price index, EGX100 declined 0.58 percent, to 763.99 points. More»
Amwal Al Ghad English - 2016-07-19 15:54:23
Egypt’s stock market traded lower on Tuesday; main index, EGX30 fell 0.42 percent, to 7596.96 points. Sentiment remains depressed by slow economic growth and the country's dollar shortage. The Egyptian arm of Emirates NBD said it was suspending use of debit and credit cards abroad to keep hard currency inside the bank. Other indices; EGX50 EWI index also dropped 0.61 percent, at 1353.18 points; while EGX20 lost 0.38 percent, to 7981.84 points. Mid- and small-cap index EGX70 rose 0.06 percent, to 359.6 points. Price index, EGX100 edged down 0.12 percent, to 768.44 points. More»
Amwal Al Ghad English - 2016-07-19 11:19:35
Egyptian stock exchange chief Mohamed Omran is heading to Nairobi, Kenya to take part in the fourteenth session of the United Nations Conference on Trade and Development (UNCTAD). The conference takes place from 17 to 22 July, and will feature ministerial debates, high-level round tables, thematic events, a World Investment Forum, a Global Commodities Forum, a Youth Forum, and a Civil Society Forum, among other events. Around 7,000 delegates are convening at the Kenyatta International Convention Centre (KICC) at city centre where the UN agency held its fourth conference four decades ago. aligned movement then, were the main reasons for the led to the choice of the East African city as the venue. This time the conference theme is: “From decisions to actions, moving towards an inclusive and equitable global economic environment for trade and development,” and more than US$14 billion in deals are expected to be agreed by end of the meeting, according to UNCTAD Secretary General Mukhisa Kituyi. The World Investment Forum is viewed as key for the area. A World Leaders Summit – which just concluded, a Civil Society Forum and a Youth Forum are the other forums. A Global Commodities Forum concluded on July 17. At the World Investment Forum, the Egyptian top official will deliver a speech at the Sustainable Stock Exchanges Executive Dialogue on Green Finance on Wednesday, July 20th. Organised by the Sustainable Stock Exchanges (SSE) initiative, the session will address key elements of the new global agenda on green finance, and evaluate what role stock exchanges can play. Launched by UN Secretary-General Ban Ki-Moon in New York City in 2009, the SSE offers a unique platform for CEO’s of stock exchanges, listed companies and institutional investors, alongside high-level policy makers and regulators, to demonstrate leadership and understanding of the sustainable development opportunities and challenges facing capital markets today. From his part, EGX chief Mohamed Omran emphasized on the importance of creating a climate suitable for alluring green investments to the Egyptian market. The United Nations Conference on Trade and Development (UNCTAD) is a subsidiary organ of the United Nations General Assembly, established in 1964 to promote trade, investment, and development in developing countries. Headquartered in Geneva, UNCTAD has 194 member States as well as numerous intergovernmental and non-governmental organizations and other observers. “UNCTAD XIV is the first major United Nations development conference since last year’s landmark adoptions of the 2030 Agenda for Sustainable Development, the Addis Ababa Action Agenda and the Paris Agreement on climate change.” United Nations Secretary-General Ban Ki-moon said in remarks at the opening of UNCTAD 14 on Sunday. On the agenda of UNCTAD14 are issues related to intellectual property such as trade, commodities, global investment and development. It also convenes at time when there is a growing innovation climate in Africa and increasing awareness about the issues of intellectual property rights. The Nairobi meeting is part of the UNCTAD’s tradition in which the agency holds a conference every four years to consider trade and development challenges and agree on collective solutions. More»
Amwal Al Ghad English - 2016-07-18 14:31:15
Egypt’s stock market closed trading higher; as main index, EGX30 pick up 0.38 percent, to 7628.64 points. Other indices; EGX50 EWI index remained with no change, at 1361.42 points; while EGX20 added 0.36 percent, to 8012.48 points. Mid- and small-cap index EGX70 dropped 0.19 percent, to 359.38 points. Price index, EGX100 dipped 0.09 percent, to 769.38 points. More»
Amwal Al Ghad English - 2016-07-17 15:27:00
Egypt’s stock market ended higher on Sunday on local investors’ buying appetite. Main index, EGX30 surged 0.22 percent, to 7599.64 points. Other indices; EGX50 EWI index grew 0.71 percent, to 1361.38 points; while EGX20 rose 0.51 percent, to 7983.65 points. Mid- and small-cap index EGX70 increased 0.09 percent, to 360.08 points. Price index, EGX100 added 0.06 percent, to 770.11 points. More»
Gehad Abdel Ghany - 2016-07-16 14:59:39
Egypt-based financial adviser, Eagle plans to complete offering 20 percent share in New Castle for Sports Investments Company on the country’s SME bourse; NILEX before the end of the current quarter. Yasser Emara, Chairman of Eagle, further told Amwal Al Ghad on Wednesday that the company would offer their shares on NILEX with capitalisation worth 4.5 million Egyptian pounds ($507,085). NILEX is the Egyptian Exchange market for growing medium and small companies, set up in 2007 to allow SME's to raise funds outside bank loans. More than 30 companies are currently listed on Nilex. More»
Yomna Yasser - 2016-07-14 14:55:57
Egypt’s stock market closed higher on Thursday on Arab investors’ buying appetite. Main index, EGX30 edged up 0.31 percent, to 7583.06 points. Other indices; EGX50 EWI index rose 0.25 percent, to 1351.77 points; while EGX20 grew 0.77 percent, to 7943.15 points. Mid- and small-cap index EGX70 plummeted 0.49 percent, to 359.77 points. Price index, EGX100 lost 0.21 percent, to 769.64 points. Market Caps Market capitalisation gained 1.7 billion Egyptian pounds ($191.5 million), to record 404.388 billion pounds during the closing session of Thursday. More»
Aya Salah Eddin - 2016-07-13 14:24:33
Egypt’s stock market concluded Wednesday with gains worth 3.686 billion Egyptian pounds (US$415 million), despite local and foreigner investors sell off. Market Caps Market capitalisation records 402.703 billion pounds during the closing session of Wednesday. Indices Main index, EGX30 jumped 1.73 percent, to 7559.87 points. Other indices; EGX50 EWI index pushed up 0.96 percent, to 1348.43  points; while EGX20 gained 2.29 percent, to 7882.31 points. Mid- and small-cap index EGX70 picked up 0.50 percent, to 361.55 points. Price index, EGX100 added 0.63 percent, to 771.28 points. More»
Amwal Al Ghad English - 2016-07-12 13:42:35
Egypt's stock market mostly fell for a second day this week as investors took profits from a rally inspired by future currency devaluation speculation. Main index, EGX30 dropped 0.65 percent, to 7457.5 points. Other indices; EGX50 EWI index edged lower 0.21 percent, to 1335.6 points; while EGX20 sagged 0.27 percent, to 7705.98 points. Mid- and small-cap index EGX70 rose 0.03 percent, to 359.76 points. Price index, EGX100 gained 0.08 percent, to 766.42 points. More»