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        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        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        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        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        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

Islam Salah - 2014-12-11 14:57:00
Around 13 companies have joined Egyptian stock Exchange (EGX) and Bourse of SMEs (known as NILEX) during 2014, said bourse chief Mohamed Omran. Omran said the number of listed companies for the current year had surpassed the targeted amount of approving listing of 10 firms within the current year. This is the highest annual rise in the number of companies enlisted in the EGX in years, the top official noted. The stock market was hit hard by the political and economic instability which followed the overthrow of Hosni Mubarak in early 2011, but many investors now feel stability is returning. More»
Yomna Yasser - 2014-12-11 13:45:08
Egypt’s stocks ended this week lower with total losses worth 8 billion Egyptian pounds driven by non-Arab foreign investors’ deep selling pressures. Consequently, the country’s main stock index, EGX30 edged further below 9200 points on Thursday. The Egyptian Exchange’s indices were wavering in dark red notes during the closing session of Thursday. Indices Egypt’s benchmark index EGX30 ended 2.20 per cent lower to 9196.93 pts; while EGX20 closed 2.69 per cent down to 10532.56 pts. In addition, the mid- and small-cap index, the EGX70 sank by 2.37 per cent to finish at 613.08 pts. The price index EGX100 plummeted by 1.85 per cent to conclude at 1132.43 pts. Furthermore, the market capitalization recorded EGP 507.920 billion on Thursday. More»
Amwal Al Ghad English - 2014-12-11 12:57:50
Orascom Development Holding AG filed with the Egyptian Stock Exchange (EGX) to offer 10-15% of its Egyptian subsidiary, Orascom Hotels and Development (OHD) (ORHD.CA). ODH's Board of Directors approved the offering of 10 to 15% of its Egyptian subsidiary, Orascom Hotels and Development (OHD) at a total equity value of EGP 3.37 billion (approximately US$ 470 million or CHF 455 million), to reactivate its trading on the EGX and comply with its listing rules and regulations. The 10-15% will be sold at a consideration of EGP 15.20 (approximately US$ 2.12, CHF 2.06) per share. This offering comes as part of the Group's monetization efforts, the proceeds of which shall be re-injected into OHD to support its ongoing operations and deleverage its balance sheet, ODH said in a brief on Thursday. The Group has mandated CI Capital and Beltone investment banks as joint lead arrangers and book runners on this transaction. The necessary documentation and pricing has been filed with the EGX and is awaiting final approval. More»
Yomna Yasser - 2014-12-11 09:20:24
Egypt's stocks opened lower on Thursday with early losses worth 2.35 billion Egyptian pounds as foreign investors remain sell-off process. The country’s main stock index, EGX30 started trading below 9330 points. Indices The Benchmark EGX30 tumbled by 0.83% to 9325.8 p. In addition, EGX20 inched down by 1.27% to 10685.94 p. The mid- and small-cap index, the EGX70 retreated by 0.94% to 622.06 p.  Price index EGX100 dropped by 0.63% to 1146.44 p. Furthermore, market capitalization reached EGP 513.512 billion, according to data compiled by Amwal Al Ghad English at 11:09 a.m. Cairo time (09:09 GMT). Trading Volumes & Values The trading volume has reached 40.268 million securities worth EGP 119.192 million, exchanged through 4807 transactions during Thursday opening. Also during the opening session, 123 listed securities have been traded in; 89 fell, 15 advanced; while 19 keeping their previous levels. More»
Yomna Yasser - 2014-12-10 14:01:23
Egypt’s stocks continued bearish performance incurring losses on Wednesday amounting to 3 billion driven by foreign investors’ selling appetite. In addition, the country’s main stock index, EGX30 further retreated below 9405 points. The Egyptian Exchange’s indices were wavering in red notes during the closing session of Wednesday, except for the price index, EGX100 which solely rose. Indices Egypt’s benchmark index EGX30 ended 0.83 per cent lower to 9404.17 pts; while EGX20 closed 1.23 per cent down to 10823.39 pts. In addition, the mid- and small-cap index, the EGX70 fell by 0.26 per cent to finish at 627.94 pts. The price index EGX100 grew by 0.07 per cent to conclude at 1153.74 pts. Furthermore, the market capitalization recorded EGP 515.862 billion on Wednesday. Turnovers below EGP One billion Through the closing session of Wednesday, the trading volume has reached 219.309 million securities, with turnovers worth EGP 782.188 million, exchanged through 24.836 thousand transactions.                  Also during the closing session, 188 listed securities have been traded in; 129 declined, 38 advanced; while 18 kept their previous levels. More»
Islam Salah & Hesham Ibrahim - 2014-12-10 11:23:54
Egypt’s largest ceramics maker, Cleopatra Group will conduct a study by mid 2015 in preparation for selling some of its shares in the local bourse, chairman Mohamed Abul-Enein announced. Speaking to Amwal Al Ghad on Wednesday, the Egyptian business tycoon said the anticipated study would determine the amount of shares to be floated in an initial public offering on the EGX as well as demonstrate the listing requirements and procedures. Listing on the Egyptian bourse is set to finance the Group’s strategy for the coming period to upgrade its factories and pump new tourist and real estate investments, Abul-Enein noted. Cleopatra has recently injected new investments worth EGP 100 million (around US$14 million) so as to carry out new expansions and to upgrade the production lines of its factories. In the light of its recent investments, Cleopatra is seeking to run its factories at maximum capacity in the coming period, the chairman said in an earlier statement to Amwal Al Ghad. He also referred to Cleopatra’s plan more future investments, notably in its tourist projects located in Marsa Alam and Hurghada. More»
Yomna Yasser - 2014-12-09 13:38:32
Egypt’s stocks encountered losses on Tuesday totalling 7.1 billion Egyptian pounds triggered by foreign investors’ deep selling pressures. In return, the country’s main stock index, EGX30 ended trading below 9485 points. The Egyptian Exchange’s indices were wavering in red notes during the closing session of Tuesday. Indices Egypt’s benchmark index EGX30 ended 1 per cent lower to 9482.62 pts; while EGX20 closed 1.33 per cent down to 10958.22 pts. In addition, the mid- and small-cap index, the EGX70 inched lower by 1.23 per cent to finish at 629.56 pts. The price index EGX100 tumbled by 0.77 per cent to conclude at 1152.93 pts. Furthermore, the market capitalization recorded EGP 518.896 billion on Tuesday. More»
Yomna Yasser - 2014-12-09 11:06:33
Egypt’s stocks incurred losses amounting to 3.7 billion Egyptian pounds during midday trade on Tuesday driven by foreign investors’ selling pressures. Consequently, the country’s main stock index, EGX30 retreated below 9515 points. The Egyptian Exchange’s indices were wavering in red notes during the midday session of Tuesday. Indices The Benchmark EGX30 edged down by 0.69% to 9511.81 p; while EGX20 sagged by 0.99% to 10996.08 p. In addition, the mid- and small-cap index, the EGX70 dropped by 0.88% to 631.8 p. Also, the Price index EGX100 decreased 0.48% to 1156.37 p. Furthermore, market capitalization reached EGP 522.324 billion, according to data compiled by Amwal Al Ghad English at 12:57 p.m. Cairo time (10:57 GMT). Trading Volumes & Values The trading volume has recorded 161.311 million securities worth EGP 951.123 million, exchanged through 18.255 thousand transactions during Tuesday midday. Also during the midday session, 178 listed securities have been traded in; 127 fell, 30 advanced; while 17 keeping their previous levels. More»
Yomna Yasser - 2014-12-08 13:42:35
Egypt’s stocks ended higher on Monday posting gains worth 1.9 billion Egyptian pounds propelled by non-Arab foreign investors’ buying appetite. The country’s main stock index, EGX30 hiked to cross 9575 points. The Egyptian Exchange’s indices were wavering in green notes during the closing session of Monday. Indices Egypt’s benchmark index EGX30 ended 0.46 per cent higher to 9577.93 pts; while EGX20 closed 0.43 per cent up to 11105.51 pts. In addition, the mid- and small-cap index, the EGX70 rose by 0.09 per cent to finish at 637.43 pts. The price index EGX100 increased by 0.38 per cent to conclude at 1161.91 pts.  Furthermore, the market capitalization recorded EGP 526.003 billion on Monday. Turnovers Cross EGP One billion Through the closing session of Monday, the trading volume has reached 260.339 million securities, with turnovers worth EGP 1.102 billion, exchanged through 32.741 thousand transactions.                  Also during the closing session, 193 listed securities have been traded in; 82 declined, 77 advanced; while 30 kept their previous levels. More»
Yomna Yasser - 2014-12-07 13:33:15
Backed by foreign investors’ strong buying appetite, Egypt’s stocks closed Sunday’s trading higher with gains totalling 2.1 billion Egyptian pounds. In addition, the country’s main stock index, EGX30 surged above 9530 points. The Egyptian Exchange’s indices were wavering in green notes during the closing session of Sunday. Indices Egypt’s benchmark index EGX30 ended 0.79 per cent higher to 9533.74 pts; while EGX20 closed 1.02 per cent up to 11058.39 pts. In addition, the mid- and small-cap index, the EGX70 increased by 0.29 per cent to finish at 636.83 pts. The price index EGX100 rose by 0.34 per cent to conclude at 1157.51 pts.   Furthermore, the market capitalization recorded EGP 524.050 billion on Sunday. More»