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        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        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

Ahmed El Demerdash - 2014-08-30 09:30:27
Egypt's global depository receipts (GDRs) traded on the London Stock Exchange (LSE) were mostly higher in values during Friday's trading. The GDRs of Commercial International Bank Egypt (CBKD) surged by 0.71% to $6.35. In addition, Orascom Telecom Media and Technology Holding S.A.E. (OTMT)'s GDRs climbed on Friday by 1.43% to $0.71. Meanwhile, the GDRs of Orascom Construction Industries (ORSD), Lecico Egypt S.A.E. (LECI), and investment bank EFG Hermes Holding S.A.E. (EFGD) closed on Friday with no change at their values of $43.40, $3.50, and $5.28 respectively. More»
Yomna Yasser - 2014-08-28 12:46:24
Egypt's stocks turned early losses into gains to end this week higher, earning 1.2 billion Egyptian pounds backed by local and non-Arab foreign investors' buying appetite. In addition, the country's main stock index, EGX30 surged on Thursday above 9435 points. The Egyptian Exchange's indices were wavering in green notes during the closing session of Thursday. Indices Egypt’s benchmark index EGX30 ended 0.65 per cent higher to 9435.05 pts; while EGX20 finished 0.49 per cent up to 11324.77 pts.      In addition, the mid- and small-cap index, the EGX70 went up by 0.24 per cent to finish at 628.72 pts. The price index EGX100 rose by 0.34 per cent to conclude at 1168.85 pts.   Furthermore, the market capitalization recorded EGP 524.258 billion on Thursday. More»
Amwal Al Ghad English - 2014-08-28 08:22:27
Egypt's stocks opened lower on Thursday incurring losses worth 378 million Egyptian pounds driven by foreign investors' selling pressures. Accordingly, the country's main stock index, EGX30 started trading below 9355 points. The Egyptian Exchange (EGX)'s indices were wavering in red notes during the opening session of Thursday Indices The Benchmark EGX30 inched down by 0.25% to 9351.15 p, and EGX20 dropped by 0.28% to 11237.98 p. In addition, the mid- and small-cap index, the EGX70 sagged by 0.37% to 654.67 p.  Price index EGX100 fell by 0.30% to 1161.34 p. Furthermore, market capitalization reached EGP 522.691 billion, according to data compiled by Amwal Al Ghad English at 11:12 a.m. Cairo time (09:12 GMT). More»
Amwal Al Ghad English - 2014-08-28 07:52:33
Egyptian Billionaire Nassef Sawiris plans to return a part of his business to Egypt amid growing demand for construction in the Middle East, 13 months after he moved Orascom Construction Industries to Holland. Amsterdam-based OCI NV (OCI), of which Sawiris is chief executive officer and the biggest shareholder, approved separating its fertilizers and construction businesses and will seek to sell shares in the latter, the company said in an e-mailed statement today. The initial public offering in Egypt will take place in either the fourth quarter of 2014 or the first quarter of next year, Sawiris said in a conference call with investors and analysts. “We will have a presence in Egypt, that’s our intention,” Sawiris said. The “nationality” of the company that will be listed and size of the share sale are still being decided, he said. Sawiris and his family will participate in the capital increase if the IPO raises new money, he said. Sawiris relocated Orascom through a buyout by OCI, an entity he helped set up amid a tax dispute with the Islamist-led former Egyptian government. Having settled the case by agreeing to pay 7 billion Egyptian pounds ($979 million) in April 2013, Sawiris appealed after the military seized power less than three months later. “We’re making our case that there was no tax claim justification and that this was politically motivated under the Muslim Brotherhood,” Sawiris said. The next hearing in the case is Sept. 16 and a final decision is expected shortly after, he said. Declining Profit OCI shares declined 0.8 percent to 27.16 euros as of 2:48 p.m. in Amsterdam. That values the company at 5.59 billion euros ($7.37 billion), and takes its retreat from a record high in March to 27 percent. OCI’s first half profit fell to $39.5 million from $55.9 million a year earlier as finance income dropped and a natural gas shortage in Egypt cut operations at its fertilizer plants, the company said today. Its construction backlog grew by $1.1 billion in the three months ended in June, to $5 billion. Splitting OCI’s businesses will create value for shareholders and enable the two units to focus on their separate growth strategies, the company said. Construction project awards in the company’s main markets of Egypt, Saudi Arabia and the United Arab Emirates are expected to grow, Sawiris said. More»
Yomna Yasser - 2014-08-27 13:05:05
Egypt's stocks ended mixed on Wednesday, with gains amounting to 1.4 billion Egyptian pounds. The country's main stock index, EGX30 rebounded to rise above 9370 points boosted by non-Arab foreign investors' buying appetite. Indices Egypt’s benchmark index EGX30 ended 0.16 per cent higher to 9374.36 pts; while EGX20 finished 0.06 per cent up to 11269.28 pts.      In addition, the mid- and small-cap index, the EGX70 dipped by 0.01 per cent to finish at 657.13 pts. The price index EGX100 went down by 0.07 per cent to conclude at 1164.86 pts.   Furthermore, the market capitalization recorded EGP 523.069 billion on Wednesday. More»
Yomna Yasser - 2014-08-26 13:12:52
Egypt's bourse closed Tuesday with humble gains worth 146 million Egyptian pounds. However, the country's main stock index, EGX30 dropped below 9360 points driven by local investors' sell-offs. In addition, the Egyptian Exchange's indices were wavering in red notes during closing session of Tuesday. Indices Egypt’s benchmark index EGX30 ended 0.47 per cent lower to 9359.18 pts; while EGX20 finished 0.41 per cent down to 11262.3 pts.      In addition, the mid- and small-cap index, the EGX70 dipped by 0.09 per cent to finish at 657.19 pts. The price index EGX100 dropped by 0.24 per cent to conclude at 1165.68 pts.   Furthermore, the market capitalization recorded EGP 521.627 billion on Tuesday. More»
Yomna Yasser - 2014-08-26 09:49:39
Egypt's stocks extended its sluggish performance at midday session of Tuesday incurring losses worth 1.45 billion Egyptian pounds driven by local and non-Arab foreign investors' sell-offs.  The country's main stock index, EGX30 further dropped to 9350 points. Meanwhile, the EGX indices were wavering mostly in red notes during the midday session of Tuesday. Indices The Benchmark EGX30 went down by 0.56% to 9350.73 p, and EGX20 fell by 0.38% to 11265.54 p. In addition, the mid- and small-cap index, the EGX70 increased by 0.05% to 658.14 p. Yet, the Price index EGX100 inched lower by 0.12% to 1167.18 p. Furthermore, market capitalization reached EGP 520.034 billion, according to data compiled by Amwal Al Ghad English at 12:41 p.m. Cairo time (09:41 GMT). More»
Amwal Al Ghad English - 2014-08-26 07:32:02
Egypt's Beltone Financial (BTFH) is watching out for opportunities in the financial sector to acquire companies or get a stake in it, after the EFG-Hermes deal didn’t go through, said its chief executive officer Alaa Saba. The financial sector is in constant growth and is witnessing noticeable activity in the current stage will contribute to the acquisition, merger, and establishment of new companies, Saba said Beltone is working on listing more than a company in the current period, the first one will be in the second quarter of 2015, after restructuring in the previous month, Saba said. Listing procedures in the bourse takes from 6 to 9 months, Saba stated. More»
Yomna Yasser - 2014-08-25 13:14:16
Egypt's stocks ended lower on Monday incurring losses worth 2.35 billion Egyptian pounds driven by local investors' selling pressures. In return, the country's main stock index, EGX30 tumbled below 9405 points. Meanwhile, the Egyptian Exchange's indices were wavering in red notes during closing session of Monday. Indices Egypt’s benchmark index EGX30 ended 0.97 per cent lower to 9403.39 pts; while EGX20 finished 1.16 per cent down to 11308.48 pts.      In addition, the mid- and small-cap index, the EGX70 inched lower by 0.34 per cent to finish at 657.8 pts. The price index EGX100 plummeted by 0.84 per cent to conclude at 1168.54 pts.   Furthermore, the market capitalization recorded EGP 521.481 billion on Monday. More»
Islam Salah - 2014-08-25 11:34:15
Cairo-based investment house Naeem Holding, is preparing to obtain the United Arab Emirate financial regulator's approval to launch a new mutual fund. Hazem Kamel - Managing Director of Naeem Financial Investments (NFI), the asset management arm of Naeem Holding – said the Group is targeting UAE Securities and Commodities Authority (SCA)'s approval to launch its fund, with a capital of 250 million dirhams. The new fund is part of Naeem's future strategy to boost its asset management portfolio and increase its presence in markets abroad, he noted. Naeem's current asset management portfolio includes running the Shariah-compliant Naeem Misr Fund in Egypt, in addition to the offshore investment funds in Bahrain Naeem MENA Growth Fund and MENA MAC. More»