amwalalghad :: EGX

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        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        Northern Upper Egypt Developme   4.93        Egyptian for Tourism Resorts   0.69        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        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        National Development Bank   6.72        Six of October Development & I   15.03        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        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        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        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 - 2014-11-24 13:43:50
Driven by heavy selling pressures by Arab investors, Egypt’s stocks closed substantially lower on Monday with losses worth 12.1 billion. In return, the country’s main stock index, EGX30 retreated below 9160 points. The Egyptian Exchange’s indices were wavering in dark red notes during the closing session of Monday. Indices Egypt’s benchmark index EGX30 ended 1.27 per cent lower to 9156.68 pts; and EGX20 closed 1.59 per cent down to 10575.77 pts. On the other hand, the mid- and small-cap index, the EGX70 sank by 2.21 per cent to finish at 625.41 pts. The price index EGX100 plummeted by 1.61 per cent to conclude at 1129.2 pts.   Furthermore, the market capitalization recorded EGP 513.327 billion on Monday. Turnovers below EGP One billion Through the closing session of Monday, the trading volume has reached 179.458 million securities, with turnovers worth EGP 824.292 million, exchanged through 26.104 transactions.                  Also during the closing session, 189 listed securities have been traded in; 145 declined, 22 advanced; while 18 kept their previous levels. More»
Islam Salah - 2014-11-24 11:10:53
Egypt’s market regulator, the Egyptian Financial Supervisory Authority (EFSA) is due to take part in the First Arab Capital Markets Conference, which will take place on November 25-26 in Dubai. The two-day event is organised by the Union of Arab Securities Authorities (UASA) in association with the UAE Securities & Commodities Authority. The conference will bring together policy makers, government leaders, regulators, stock exchanges officials, brokers, investors, and senior finance and business leaders. As being one of the key participants in this event, EFSA Chairman Sherif Samy said the first day will be addressed to the topical challenges faced by the Arab capital markets’ alongside their competitiveness with global financial centres. Panels on the first day will also include discussing the mechanisms to enhance transparency and to support the Islamic financing development in Arab capital markets, he added. For the second day of the event, it will feature the oversight role of regulatory authorities in protecting investors, and evaluating the non-traditional funding sources. It will also focus on the different aspects of Surveillance and challenges facing Enforcement by analyzing the Electronic trading surveillance, the financial infrastructure and the application of IOSCO principles (PFMI), in addition to the Cyber security landscape and the emerging threats. The last panel session of the second day will raise the subjects of Collective Investment Schemes (CIS) and fixed income instruments, as well as discussing the practical challenges of ETFs, and the challenges facing the development of CIS and fixed income instruments in Arab Capital Markets in MENA Region. In the second day of the conference, the second debate session will feature the theme “Innovation in Capital Markets” by evaluating the non-traditional funding sources, free zones financial markets and commodity markets (Gold / Oil&Gas) experiences, small and medium enterprises (SMEs) market and the opportunities in specialty products for the Middle East. The fifth panel session will focus on the different aspects of Surveillance and challenges facing Enforcement by analyzing the Electronic trading surveillance, the financial infrastructure and the application of IOSCO principles (PFMI), in addition to the Cyber security landscape and the emerging threats. The last panel session will raise the subjects of Collective Investment Schemes (CIS) and fixed income instruments. As well as discussing the practical challenges of ETFs, and the challenges facing the development of CIS and fixed income instruments in Arab Capital Markets in MENA Region. The conference is held in association with the UAE Securities & Commodities Authority and Arab Monetary Fund and under the Patronage of the UAE Minister of Economy, Sultan Bin Saeed Al Mansouri. It will be at the Waldorf Astoria, Palm Jumeirah, Dubai, with the partnership of the most important actors in Capital Markets in the region. The Egyptian official will take part in the panel session one to discuss the appropriate level of legislations required to enhance the capital markets and investors protection. The First Arab Capital Markets Conference will attract over 400 senior delegates from the Arab and international capital markets industry. More»
Amwal Al Ghad English - 2014-11-24 09:38:44
Egypt's Beltone Financial Holding said its shareholders had approved a capital increase of 200 million Egyptian pounds (about $28 million) to fund growth in its financial services businesses. Beltone will raise the funds in two stages beginning with a capital increase of 41.83 million Egyptian pounds approved by shareholders on Sunday night, the financial services company said in a statement. The increase will be done in the first phase by issuing free shares to existing shareholders instead of paying cash dividends, the statement said. Egypt's stock market regulator approved the fundraising earlier this month. More»
Yomna Yasser - 2014-11-23 14:12:55
Egypt’s indices ended mixed with gains totalling 347 million Egyptian pounds backed by non-Arab foreign investors’ buying appetite. The country’s main stock index, EGX30 increased to near 9275 points on Sunday. Indices Egypt’s benchmark index EGX30 ended 0.17 per cent higher to 9274.19 pts; and EGX20 closed 0.54 per cent up to 10746.37 pts. On the other hand, the mid- and small-cap index, the EGX70 pushed down by 1.06 per cent to finish at 639.56 pts. The price index EGX100 sagged by 0.64 per cent to conclude at 1147.73 pts.   Furthermore, the market capitalization recorded EGP 525.422 billion on Sunday. More»
Amwal Al Ghad English - 2014-11-23 11:16:01
Egyptian stock Exchange (EGX) chairman Mohamed Omran was elected to chair the Federation of Euro-Asian Stock Exchanges (FEAS). The announcement took place in the Croatian capital Zagreb on the sidelines of the FEAS General Assembly No. 22. It is the first time to elect an Arab country for such a post. FEAS, established in 1995, is a regional bloc with growth potential in the capital market, with number of member countries reaching 34 with market capitalizations exceeding $700 billion and turnover of more than $500 billion annually. From his part, Omran said the move comes as part of the EGX strategy to restore its standing regionally and globally. More»
Yomna Yasser - 2014-11-23 09:27:50
Egypt's stocks opened a new week lower incurring losses worth 1.4 billion Egyptian pounds driven by local investors’ selling pressures.  Consequently, the country’s main stock index, EGX30 kicked off trading on Sunday below 9245 points. The Egyptian Exchange (EGX)'s indices were wavering on red notes during the opening session of Sunday. Indices The Benchmark EGX30 dropped by 0.16% to 9243.22 p. In addition, EGX20 went down by 0.13% to 10674.67 p. The mid- and small-cap index, the EGX70 also fell by 0.73% to 641.67 p.  Price index EGX100 plummeted by 0.55% to 1148.82 p. Furthermore, market capitalization reached EGP 523.657 billion, according to data compiled by Amwal Al Ghad English at 11:19 a.m. Cairo time (09:19 GMT). Trading Volumes & Values The trading volume has reached 83.119 million securities worth EGP 164.284 million, exchanged through 5918 transactions during Sunday opening. Also during the opening session, 137 listed securities have been traded in; 83 fell, 23 advanced; while 31 keeping their previous levels. More»
Islam Salah - 2014-11-22 16:55:51
In a week, BIG Trade and Investment S.A.E. captured the largest volume of trades among other firms listed in the Egyptian bourse of SMEs (NILEX). Through last week of trading, BIG (BIGP on EGX) ranked first, recording a volume of trades amounting to 2.2 million securities worth EGP 3.9 million. Univert for Food Industries (UNFO.CA on EGX) was on the second position as its volume of trades hit 1.014 million securities worth EGP 1.422 million. Coming third in the list, Al-Moasher for Programming & Information Dissemination (AMPI.CA on EGX) registered a volume of trades of 793 thousand securities worth EGP 653 thousand. Fourth, the International Company For medical Industries – ICMI S.A.E. (ICMI.CA on EGX) attained a volume of trades reached 293 thousand securities worth EGP 773 thousand. Fifth, Egyptian Modern Education Systems (MOED.CA on EGX) scored a volume of trades amounting to 202 thousand securities worth EGP 2.6 million. International Dry Ice Company (DIFC.CA on EGX) came sixth reporting a volume of trades of 186 thousand securities worth EGP 387 thousand. Marseille Almasreia Alkhalegeya for Holding Investment (MAAL.CA on EGX) was on the seventh position having a volume of trades of 184 thousand securities worth EGP 431 thousand. At the bottom of the list, Utopia Real Estate Investment and Tourism (UTOP.CA on EGX) came eighth with a volume of trades of 1.4 thousand securities worth EGP 10.6 thousand. More»
Gehad Abd El-Ghany - 2014-11-22 16:46:08
In a week, Egypt’s stock Exchange (EGX) incurred losses totalling 14.4 billion Egyptian pounds. In addition, the country’s main stock index, EGX30 dipped by 0.02% in a week, with a decline of two points, ending Thursday's transactions at 9258 points, versus 9260 points at the end of a week earlier. The main gauge index registered its highest point on Thursday closing at 9258.18 points, whereas its lowest point recorded on Monday at 9122.33 points. On the contrary, the mid- and small-cap index, the EGX70 soared in a week by 3.2% closing at 646 points during Thursday’s session, compared to 626 points at the end of a week earlier. The price index, EGX100 dropped by 0.9% concluding to 1115 points during Thursday’s session, against 1125 points at the end of a week earlier. Furthermore, the market capitalization closed at EGP 525.075 billion last Thursday, compared to EGP 539.494 billion at the end of a week earlier. Turnovers: Lower Through the week, the trading volume hit around 792.3 million securities, compared to 958.8 million securities at the end of a week earlier. For the traded value, it reached EGP 4.4 billion against EGP 4.7 billion a week earlier. Investors’ Activity: Local investors led the market activity all through the week with 82.35%, followed by foreign and Arab investors with 11.56% and 6.09%, respectively, after excluding the deals. Foreign investors were the most active buyers during the week earning the value of EGP 272.11 million, after excluding the deals. Arab investors were to sell by value of EGP 147.13 million, after excluding the deals. Moreover, institutions seized 53.61% of total trading through the week; while individuals attained 46.39%. Institutions were the most active buyers during the week earning the value of EGP 114.31 million, after excluding the deals. Market Remarks - Egypt Bourse and American University Sign MoU to Support SMEs The Egyptian stock Exchange (EGX) signed last Monday a memorandum of understanding with School of Business Executive Education at the American University in Cairo (AUC). The agreement aims to raise the small and medium enterprises’ (SMEs) awareness about the funding crucial role played by the Egyptian bourse. The agreement endorses bilateral cooperation in supporting and raising the awareness among the owners of the family businesses in Egypt. It stresses the EGX’s role in assisting the companies, notably the SMEs in achieving growth and developing their businesses. From his part, Mohamed Omran – EGX Chairman highlights the bourse’s support for the SME sector, considering it an economic driving force and one of the major pillars of socio-economic development. The EGX is a pioneer in supporting the SME sector through establishing the first stock market, the Nile Stock Exchange or NILEX, whose target is to support and develop SMEs in Middle East and North Africa (MENA) region, he noted. - Egypt Bourse Heads FEAS’ General Meetings and Executive Committee in Croatia Egypt’s stock Exchange (EGX) announced last Tuesday that it will head the general meetings and the executive committee for the Federation of Euro-Asian Stock Exchanges (FEAS), which will take place on November 19-21st. The Federation of Euro-Asian Stock Exchanges (FEAS) is set to hold its Annual Meetings 2014 in Zagreb, Croatia. More than 34 stock exchanges worldwide, with captalisation surpassing US$700 billion, in addition to multiple financial institutions will take part in the FEAS’ 2014 annual meetings. - Chairman Mohamed Omran: Egypt Bourse Finances Listed Firms with EGP11bn this Year During 2014, Egypt’s stock Exchange (EGX) provided direct finances totalling around 11 billion Egyptian pounds (US$ 1.5 billion) for its listed companies, said chairman Mohamed Omran last Wednesday. The EGX management held on Tuesday its first outreach programme with the members of the Egyptian Businessmen's Association (EBA). The programme discussed EGX’s financing opportunities offered for the listed firms. More»
Ahmed Zewail - 2014-11-22 14:12:43
In a week, Egypt’s Orascom Telecom Media and Technology Holding has captured the highest volumes traded among other nine active firms listed in the country’s stock exchange. Ranked first, Orascom (OTMT.CA on EGX) attained a total volume of trades amounting to 345.9 million securities, with turnovers worth EGP 440.1 million throughout last week trading sessions. Coming second on the list, Amer Group Holding (AMER.CA on EGX) registered a volume of trades amounted to 113.5 million securities worth EPG 141.8 million. Egyptian Resorts - ERC (EGTS.CA on EGX) came third reporting a volume of trades of 32.6 million securities worth EGP 40.4 million. Fourth, Palm Hills Development (PHDC.CA) had a volume of trades hit 28.3 million securities worth EGP 120.9 million. Fifth, Upper Egypt Contracting (UEGC.CA on EGX) had a volume of trades reached 21.2 million securities worth EGP 49.9 million. Sixthly, Qalaa Holdings (formerly Citadel Capital) (CCAP.CA on EGX) recorded a volume of trades reached 18.3 million securities worth EGP 68.5 million. Arab Investment and Development (formerly AIC Contracting) (AIND.CA on EGX) came seventh having a volume of trades reached 18.1 million securities worth EGP 31.9 million. Global Telecom Holding (GTH) (GTHE.CA on EGX) (Previously Orascom Telecom Holding) has been ranked eighth as its volume of trades amounted to 18 million securities worth EGP 75.9 million. Talaat Moustafa Group (TMGH.CA on EGX) has been ninth reporting a volume of trades reached 13.5 million securities worth EGP 137.7 million. At the bottom of the list, Electro Cable Egypt (ELEC.CA on EGX) has come tenth recording a volume of trades reached 10.1 million securities worth EGP 13.6 million. More»
Ahmed El Demerdash - 2014-11-22 09:21:58
Egyptian global depository receipts (GDRs) traded on the London Stock Exchange (LSE) ended in mixed notes on Friday. The GDRs of the Commercial International Bank Egypt (CBKD) solely inched up on Friday by 1.20% to close at $6.73. On the contrary, Orascom Construction Industries (ORSD)’s GDRs dived by 11.08% to finish at $28.90. Meanwhile, the GDRs of Orascom Telecom Media and Technology Holding S.A.E. (OTMT), Lecico Egypt S.A.E. (LECI),  and bank EFG Hermes Holding S.A.E. (EFGD) ended flat closing at $0.84, $3.50, and $4.85. More»