amwalalghad :: EGX

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        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        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        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        Canal Shipping Agencies   7.39        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        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        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        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        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

Amwal Al Ghad English - 2016-05-21 13:19:32
Egypt’s global depository receipts (GDRs) trading on the London Stock Exchange closed mostly with no change on Friday. The GDRs of Orascom Telecom Media and Technology Holding S.A.E. (OTMT) surged 2.83 percent, to close at US$0.54. On the contrary, the Commercial International Bank Egypt (CBKD) dropped 0.84 percent, to close at US$3.56. Meanwhile, the GDRs of the investment bank EFG-Hermes Holding S.A.E. (EFGD) and Egyptian food-maker Edita Food Industries (EFID) both ended trading with no changes in values at US$1.75 and US$16.10 respectively. More»
Yomna Yasser - 2016-05-19 18:31:24
Egypt’s bourse ended lower on Thursday after an EgyptAir plane went missing, causing investors to panic. Main index plunged 1.80 percent, to 7499.49 points. "The plane accident had a negative impact on the market after it had rebounded from earlier losses mid week," Wael Enaba, board member at the Egyptian Association for Securities, told Ahram Online. An EgyptAir flight disappeared earlier on Thursday en route from Paris to Cairo. The plane's debris was later found south of the Greek island of Karpathos in the southern Mediterranean. The possibility of the incident being a terrorist attack raised fears over the possible impact on tourism and ultimately the economy, similar to when the Russian plane was downed last year, said Enaba. The downing of a Russian plane in October had caused tourism, a main source of foreign currency, to drop, prompting a downward trend for Egypt's growth. The drop in the main index "was driven mainly by uncalled for panic by investors, but also others who were making profits from the last few sessions’ gains," market expert Moustafa Badra told Ahram Online earlier on Thursday. Other indices; EGX50 EWI index lost 1.50 percent, to 1380.76 points; while EGX20 inched down 1.60 percent, to 7553.51 points. Mid- and small-cap index EGX70 dropped 0.31 percent, to 366.13 points. Price index, EGX100 fell 0.64 percent, to 771.85 points. More»
Amwal Al Ghad English - 2016-05-19 09:57:56
Egyptian stocks dived during early trade Thursday after an EgyptAir plane went missing causing investors to panic, market expert, Moustafa Badra, told Ahram Online. Benchmark index, EGX30, dipped more than 2 percent by 10.45 a.m. Cairo Local Time to register 7,481 points. The drop in the main index "was driven mainly by uncalled for panic by investors but also others were making profits from the last few session's gains," said Badra. An EgyptAir flight vanished early this morning en route from Paris to Cairo. The downing of a Russian plane crash last October, had caused tourism, a main source of foreign currency, to drop prompting a downward revision to Egypt's growth. Non-Arab foreign investors were net sellers in the session at a net value of 8 million Egyptian pounds. Egyptian for Tourism Resorts, was the largest decliner in the main index falling 3.41 percent to 0.83 pounds a share. More»
Aya Salah Eddin - 2016-05-18 14:45:12
Egypt’s bourse concluded slightly higher on Wednesday to earned gains worth 1.123 billion Egyptian pounds ($126.5 million) on Arab and Foreign buying appetites. Indices Main index jumped 1.15 percent, to 7637.04 points, Other indices; EGX50 EWI index popped up 0.47  percent, to 1401.77  points; while EGX20 gained 1.75 percent, to 7676.16  points. Mid- and small-cap index EGX70 declined 0.82 percent, to 367.28 points. Price index, EGX100 slumped 0.49 percent, to 776.85 points. More»
Amwal Al Ghad English - 2016-05-17 18:29:05
The non-profit Egyptian Capital Market Association is celebrating Tuesday evening its 20th anniversary, under governmental and non-governmental auspices. Under the rubric ‘Egypt: towards new economy’, the celebration aims to bolster channels of communications between the government and leaders of financial institutions and firms operating in the Egyptian market, to explore visions about the country’s economic strategies. Over 500 of high-profile governmental officials, market leaders, asset managers, investors, decision markers, and politicians will attend the celebration, notably Egyptian Minister of Finance Amr Al-Garhy, Minister of Investment Dalia Khorshid, Minister of Public Sector Affairs Ashraf El-Sharkawy, and Minister of Social Solidarity Ghada Wali. Among the participants will be officials in EFG-Hermes, Prime Holding, Qalaa Holdings, Arab African International Bank (AAIB), Commercial International Bank (CIB), Beltone Financial, Misr Italia Group, Bank Audi Egypt, and the country’s Egypt's Central Securities Depository (MCDR). On the sidelines of the celebration, ECMA will hold a symposium tackling a number of major topics related to Egypt’s political and economic situation alongside the government’s economic programme.  It will be attended by Amr Moussa, former Secretary-General of the Arab League, ex-trade minster Mounir Fakhry Abdel Nour, and Hani Sarie-Eldin – former Chairman of Capital Market Authority, ex-finance minister Ahmed Galal, and Ziad Ahmed Bahaa-Eldin, former deputy prime minister. Minister of Investment Dalia Khorshid, Minister of Public Sector Affairs Ashraf El-Sharkawy, Sherif Samy, Chairman of the Egyptian Financial Supervisory Authority (EFSA), and Mohamed Omran, Chairman of Egyptian stock Exchange (EGX) will deliver keynote speeches during ECMA celebration. Founded in 1996, the Egyptian Capital Market Association (ECMA) is Egypt’s first non-government, not-for-profit professional organisation in the securities industry. It is dedicated primarily to providing a forum for all capital market participants in their efforts to set high professional standards for the industry, adhere to the ethical conduct of business and the rules of fair practice, and uphold the integrity of the marketplace. More»
Yomna Yasser - 2016-05-17 17:34:51
Egypt’s bourse closed much higher on Tuesday as international funds flowed back into the market. Main index jumped 1.90 percent, to 7549.97 points, on the heaviest volume for almost four weeks as international funds bought Egyptian shares. Other indices; EGX50 EWI index popped up 1.44 percent, to 1395.22 points; while EGX20 gained 2.98 percent, to 7544.2 points. Mid- and small-cap index EGX70 grew 0.45 percent, to 370.3 points. Price index, EGX100 hiked 0.73 percent, to 780.71 points. More»
Islam salah, Hesham Ibrahim & Islam Abdelhameed - 2016-05-17 14:29:14
The Egyptian subsidiary of UAE-based Abraaj Group is scheduled for listing on Cairo bourse by the end of this May, said bourse chief Mohamed Omran on Tuesday. Cleopatra Holding, the healthcare arm of the Emirati group in the North African nation, will complete its initial public offering prospectus in the next few days, the Egyptian top official added. In April 2016, Cleopatra received permission to list its shares on the Egyptian bourse under the symbol CLHO.CA, with capital worth with 80 million Egyptian pounds ($9 million). Egypt's leading investment bank, EFG-Hermes, runs Cleopatra’s IPO. Cleopatra Holding owns four hospitals in Egypt; Cleopatra Hospital, El-Shorouk Hospital, Cairo Medical Centre and Nile Badrawi Hospital. More»
Yomna Yasser & Aya Salah Eddin - 2016-05-16 17:22:34
Egypt’s bourse closed higher Monday triggered by non-Arab foreign investors’ buying appetite. Main index gained 0.49 percent, to 7409.27 points. Other indices; EGX50 EWI index fell 0.34 percent, to 1375.38 points; while EGX20 rose 0.33 percent, to 7325.95 points. Mid- and small-cap index EGX70 increased 0.06 percent, to 368.64 points. Price index, EGX100 remained with no change, to close at 775.08 points. More»
Hisham Ibrahim & Islam Abdelhameed - 2016-05-16 11:48:22
PricewaterhouseCoopers (PwC) plans to finalise in two months its initial studies on the state-run Food Industries Holding Company (FIHC)’s listing on Egypt’s bourse, chairman of PwC Egypt office announced Sunday. Tarek Mansour, PwC Egypt office chairman, further told Amwal Al Ghad, that the studies include reviewing the technical and financial status of each of the Egyptian company’s affiliates, in cooperation with some major investment banks, notably Beltone Financial. This comes in line with an earlier announcement by the Egyptian presidency about plans to float some shares in the state-run firms and banks on the country’s stock market. More»
Amwal Al ghad English - 2016-05-16 08:18:21
Buoyant Japanese stocks led Asian stocks to modest gains on Monday, helping to offset some of the gloom from soft Chinese data, while the dollar firmed against the euro and yen after receiving a boost from upbeat U.S. indicators. Spreadbetters saw a slightly lower open for Britain's FTSE .FTSE, Germany's DAX .GDAXI and France's CAC .FCHI in the wake of the soft Chinese indicators, which have added to doubts about whether the world's second-largest economy is stabilizing. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5 percent. Hong Kong's Hang Seng .HSI added 1.2 percent, Australian stocks advanced 0.6 percent and South Korea's Kospi .KS11 was little changed. Tokyo's Nikkei .N225 climbed 0.6 percent, buoyed by a weekend media report that Japan was poised to delay a sales tax hike set for April 2017. Hopes for more government fiscal stimulus also favored Japanese shares. It held some of its early gains despite a denial by Japan's top government spokesman on Monday that Prime Minister Shinzo Abe has decided to postpone the tax hike. "There is no such fact. It is utterly groundless," Chief Cabinet Secretary Yoshihide Suga told a news conference, repeating that the government will increase the levy as planned unless there was a financial crisis on the scale of the Lehman Brothers collapse or a major natural disaster. Shanghai stocks .SSEC initially fell on the downbeat China data released over the weekend, but pared the losses to trade 0.3 percent higher after the country's securities regulator denied media reports it was cracking down on fundraising and mergers and acquisitions in certain sectors. Indicators released on Saturday showed China's investment, factory output and retail sales all grew more slowly than expected in April, raising fears that a bounce seen in March is fizzling. ECONCN "Chinese data over the weekend managed to miss market expectations for every single release: credit growth, industrial production, retail sales, and fixed-asset investment," wrote Angus Nicholson, market analyst at IG in Melbourne. "The miss on the activity front wasn't a huge surprise given we already saw a leveling off in the PMIs, but the dramatic slowing in credit growth will be raising some red flags in the already-reversing commodities space." Aluminum CMAL3 was stuck near a one-month low and copper CMCU3 was in close reach of a 2-1/2-month low. Commodities were hurt as the dollar reached a two-week high against a basket of currencies .DXY on Friday's upbeat April U.S. retail sales data, which jumped 1.3 percent for the largest gain since March 2015. A stronger greenback tends to weigh on non-U.S. buyers of dollar-denominated commodities. The dollar rose 0.2 percent to 108.89 yen JPY= after spiking briefly on Friday to 109.57, its highest since late April, in reaction to strong U.S. data. The euro was flat at $1.1305 EUR= after slipping to a two-week low of $1.1283 on Friday. The Australian dollar slipped to a 2-1/2-month low of $0.7236 earlier on Monday before crawling back to $0.7285. U.S. crude oil CLc1 gained 1.3 percent to $46.81 a barrel after shedding more than 1 percent Friday on the dollar's gains. Brent LCOc1 rose 1.3 percent to $48.45 a barrel after falling 0.5 percent on Friday. Output falls in Nigeria, worries about political instability in Venezuela and long-term bar Goldman Sachs saying almost two years of oversupply in the market had ended supported crude oil, although rising OPEC output and a stronger dollar capped gains. More»