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        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

Amwal Al Ghad English - 2015-04-01 15:31:14
US President Barack Obama has lifted an 18-month weapons freeze on Egypt, prompting criticism from those concerned about rights abuses committed by the longtime Washington ally. The move clears the way for the delivery of 12 F-16 aircraft, 20 Harpoon missiles, and up to 125 M1A1 Abrams tanks that had been held from the Egyptian military following a popularly backed coup. Obama assured Egyptian President Abdel Fattah al-Sisi he also supports the full $1.3 billion in annual U.S. military assistance to Egypt, according to a White House statement issued Tuesday. The aid was suspended in October 2013 in response to the Egyptian military's overthrow of the country's first freely-elected civilian President Mohamed Morsi and the subsequent brutal crackdown on his Islamist allies. Morsi has been in jail since the military ousted him in 2013. Egyptian leaders said the weapons freeze was hampering the country's fight against Islamic militants in the Sinai Peninsula and neighboring Libya, as well as its efforts in the Saudi Arabia-led effort to combat Iran-backed Shi'ite rebels in Yemen. The decision to lift the freeze was the result of a months-long review that required the White House to demonstrate restoring the aid was either a U.S. defense necessity or Cairo had made meaningful democratic reforms. In their statements Tuesday, White House officials stressed U.S. national security interests, and not democratic reforms, as the justification for restoring the aid, even while insisting officials will continue to raise rights concerns with Egypt. Sissi's 'appalling' human rights record But simply condemning the "appalling" human rights record of Sisi's government is not enough, according to John Chalcraft, Associate Professor in the History and Politics of Empire and Imperialism at the London School of Economics. "Obama’s signaling military support for such a regime is business as usual in regard to the U.S. posture in the region, but it is wrong on principle and stores up trouble for the future," he added. "(Egypt) has set about crushing all forms of dissent, including that of liberals and human rights campaigners, who are in a state of desperation," Chalcraft told VOA. "The regime is cynically manipulating the narrowest of security and counter-terror discourses." Tens of thousands have been arrested and hundreds killed in the crackdown on Morsi's Muslim Brotherhood, which was declared as a terrorist organization. Non-Islamist rights activists and journalists have also been increasingly targeted. Timothy Kaldas, Non-Resident Fellow at the Tahrir Institute for Middle East Policy and Professor of Politics at Nile University, sees the White House decision as a continuation of longstanding U.S. policy in the region. "It's not really that surprising.  I mean, historically the United States has provided support, both financial and military, to Egypt, despite human rights violations and a pretty dubious commitment to democracy," he told VOA via phone. "For the last several decades, the U.S., despite its language to the contrary, has never really placed a priority on these issues in comparison to its national security interests and having strong relationships with leaders in the region," he said. The White House did implement some key limitations to the defense relationship that will "put our assistance programs more in line with current core U.S. policies," according to a statement. Starting in 2018, new restrictions will limit the type of military equipment Egypt can purchase as part of the annual aid package.  Egypt also will no longer be able to make weapons purchases on credit - a move that makes it easier to suspend or cancel military aid to Egypt in the future. Although the new restrictions are significant, analysts say Sisi's government is likely to interpret the move as a victory, and not alter his crackdown on political opponents. More»
Yomna Yasser - 2015-04-01 15:09:40
Egypt's stock market ended in red noted on Wednesday, yet the market capitalisation records gains worth 1.5 billion Egyptian pounds (US$196.7 million). The market capitalization has closed at 507.700 billion pounds on Wednesday. Indices: The main stock index, EGX30 dropped by 0.39 percent to close at 9099.33 points. EGX20 plummeted by 1.04 percent to 9745.73 points. In addition, the mid- and small-cap index EGX70 edged lower by 0.48 percent to 515.15 points. The price index, EGX100 sagged by 0.26 percent to 1042.94 points. Turnovers grow higher On Wednesday, the bourse’s trading volume has reached 115.443 million securities, with turnovers closed at EGP 1.231 billion, exchanged through 17.048 thousand transactions. Also during the closing session, 170 listed securities have been traded in; 92 declined, 44 advanced; while 30 kept their previous levels. More»
Yomna Yasser - 2015-03-31 14:45:02
Egypt's stock market shares closed mostly higher on Tuesday with gains worth 1.02 billion Egyptian pounds (US$133.7 million) as local investors’ buying appetite continues. The country’s main stock index, EGX30 remained in green notes to close above 9130 points. The market capitalization has closed at EGP 506.201 billion on Tuesday. Indices: The main stock index, EGX30 went up by 0.17 percent to close at 9134.78 points. EGX20 grew by 0.84 percent to 9848.4 points. In addition, the mid- and small-cap index EGX70 dipped by 0.02 percent to 517.61 points. The price index, EGX100 rose by 0.11 percent to 1045.63 points. Turnovers still humble On Tuesday, the trading volume has reached 93.723 million securities, with turnovers closed at EGP 640.373 million, exchanged through 19.024 thousand transactions. Also during the closing session, 175 listed securities have been traded in; 53 declined, 90 advanced; while 29 kept their previous levels. More»
Amwal Al Ghad English - 2015-03-31 13:22:56
The public tranche of Egyptian foodmaker Edita's secondary share issue on Egypt bourse was 4.5 times oversubscribed, the company said in a statement on the stock exchange on Tuesday. The company last week launched a private institutional offering of shares on the Egyptian stock exchange and global depository receipts (GDRs) on the London Stock Exchange. More»
Yomna Yasser - 2015-03-30 14:42:29
Egypt's stock market shares edged higher on Monday with gains worth around 3 billion Egyptian pounds (US$393.2 million). The market capitalization has closed at EGP 505.180 billion on Monday. Indices: The main stock index, EGX30 hiked by 0.62 percent to close at 9118.97 points. EGX20 inched up by 0.84 percent to 9766.64 points. In addition, the mid- and small-cap index EGX70 climbed by 2.05 percent to 517.7 points. The price index, EGX100 also surged by 0.96 percent to 1044.44 points. Turnovers below EGP1 billion On Monday, the trading volume has reached 97.758 million securities, with turnovers closed at EGP 698.321 million, exchanged through 19.062 thousand transactions. Also during the closing session, 178 listed securities have been traded in; 23 declined, 117 advanced; while 32 kept their previous levels. More»
Yomna Yasser - 2015-03-29 14:27:59
Egypt's stock market shares rebounded on Sunday to post gains worth 2.3 billion Egyptian pounds (US$301.4 million) backed by the return of local investors' buying appetite. Accordingly, the country's main stock index, EGX30 also advanced above 9060 points. The market capitalization recorded EGP 502.186 billion on Sunday. Indices: The main stock index, EGX30 went up by 0.12 percent to close at 9062.99 points. EGX20 rose by 0.18 percent to 9684.87 points. In addition, the mid- and small-cap index EGX70 surged by 1.05 percent to 507.32 points. The price index, EGX100 also grew by 0.63 percent to 1034.54 points. Turnovers higher On Sunday, the trading volume has reached 135.588 million securities, with turnovers closed at EGP 1.590 billion, exchanged through 12.256 thousand transactions. Also during the closing session, 167 listed securities have been traded in; 32 declined, 96 advanced; while 31 kept their previous levels. More»
Yomna Yasser - 2015-03-26 15:43:22
The stock market ended this week lower in Egypt with losses worth 3.7 billion Egyptian pounds (US$491.56 million) after Saudi Arabia launched strikes on key military installations in Yemen. The market capitalization recorded EGP 499.901 billion on Thursday. Indices: The main stock index, EGX30 edged lower by 1.59 percent to close at 9052.5 points. EGX20 plunged by 1.98 percent to 9667.93 points. In addition, the mid- and small-cap index EGX70 pushed down by 1.34 percent to 502.07 points. The price index, EGX100 retreated by 1.39 percent to 1028.08 points. Humble Turnovers On Thursday, the trading volume has reached 140.768 million securities, with turnovers closed at EGP 531.543 million, exchanged through 22.018 thousand transactions. Also during the closing session, 180 listed securities have been traded in; 126 declined, 26 advanced; while 28 kept their previous levels. More»
Yomna Yasser - 2015-03-25 14:49:41
Egypt’s stock market shares plunge on Wednesday encountering losses worth 10 billion Egyptian pounds (US$1.3 billion) driven by local investors’ selloffs.  The country’s benchmark index, EGX30 retreated further below 9200 points. The rest of the Egyptian Exchange (EGX)’s indices were wavering also on red notes during the closing session of Wednesday. Indices: The benchmark index, EGX30 pushed down by 1.80 percent to close at 9198.46 points. EGX20 tumbled by 2.13 percent to 9863.4 points. In addition, the mid- and small-cap index EGX70 dived by 3.24 percent to 508.91 points. The price index, EGX100 sank by 2.50 percent to 1042.6 points. Turnovers still below 1 billion Pounds On Wednesday, the trading volume has reached 143.040 million securities, with turnovers closed at EGP 718.999 million, exchanged through 22.746 thousand transactions. Also during the closing session, 185 listed securities have been traded in; 145 declined, 16 advanced; while 18 kept their previous levels. The market capitalization recorded EGP 503.658 billion on Wednesday. More»
Amwal Al Ghad English - 2015-03-25 08:15:46
Belton Financial Holding (BTFH) profits fell to LE15.26 million in 2014. It posted LE74.25 million net profit in 2013. More»
Yomna Yasser - 2015-03-24 15:30:52
Egypt stocks fell on Tuesday with losses totalling 751 million Egyptian pounds (US$98.5 million) as the non-Arab foreign investors’ selling pressures continue for the third day in a row. Consequently, the country’s main stock index, EGX30 slipped further below 9370 points. Indices: The benchmark index, EGX30 dipped by 0.07 percent to close at 9367.54 points. EGX20 went down by 0.22 percent to 10077.67 points. In addition, the mid- and small-cap index EGX70 decreased by 0.22 percent to 525.97 points. The price index, EGX100 plummeted by 0.73 percent to 1069.3 points. Turnovers still below 1 billion Pounds On Tuesday, the trading volume has reached 93.194 million securities, with turnovers closed at EGP 775.613 million, exchanged through 16.865 thousand transactions. Also during the closing session, 179 listed securities have been traded in; 82 declined, 54 advanced; while 39 kept their previous levels. The market capitalization recorded EGP 513.644 billion on Tuesday. More»