amwalalghad :: EGX

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        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        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        Universal For Paper and Packag   4.94        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        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        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        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

Aya Salah Eddin - 2016-01-31 14:20:21
Egypt’s bourse fell slightly Sunday with losses worth 205 million Egyptian pounds (US$ 26 million) despite local buying appetites. Market capitalisation has reached 391.121 billion pounds during the closing session of Sunday. Indices Egypt’s benchmark index, EGX30 rose 0.10 percent to 5992.72 points. EGX50 EWI index went down 0.19  percent to 1096.95  points. EGX20 decreased 0.58 percent to 6054.3 points. On the other hand, the mid- and small-cap index EGX70 grew 0.15 percent to 356.39 points. The price index, EGX100 hiked by 0.10 percent 715.62 points. More»
Gehad Abd El-Ghany - 2016-01-30 17:47:26
Egypt’s stock market posted weekly gains worth 10.8 billion Egyptian pounds (US$1.4 billion) during four trading sessions. Trading shut for one day on the occasion of the 25 January Revolution anniversary as well as Police Day. Egypt's rally comes in tandem with rallies in the Gulf, after oil prices made a rebound last week. Oil prices rose on Friday, rebounding more than 25 percent from 12-year lows hit last week and cutting losses for the month, Brent March futures LCOc1, which expired on Friday, closed at $34.74 a barrel, 85 cents or 2.5 percent higher. On Jan. 20, it hit $27.10, its lowest since November 2003. Oil prices have dramatically fallen over the past year and a half, since the global market has been flooded with supply. Brent crude had hit its lowest point in 12 years, earlier this month, dropping below $30. More»
Aya Salah Eddin - 2016-01-27 14:04:27
Egypt’s bourse concluded higher Wednesday with gains worth 3.6 billion Egyptian pounds (around US$ 460 million) on local and Arab investors' buying appetite. Market capitalisation has reached 389.547 billion pounds during the closing session of Wednesday. Indices Egypt’s benchmark index, EGX30 surged 1.09 percent to 5960.59 points. EGX50 EWI index edged up 1.15 percent to 1088.96 points. EGX20 grew 1.51 percent to 6027.28 points. On the other hand, the mid- and small-cap index EGX70 rose 0.13 percent to 355.87 points. The price index, EGX100 went up 0.60 percent 714 points. More»
Amwal Al Ghad English - 2016-01-26 19:06:10
Egypt’s bourse fell slightly Tuesday with losses worth 406 million Egyptian pounds (US$51.8 million). Market capitalisation has reached 385.922 billion pounds during the closing session of Tuesday. Indices Egypt’s benchmark index, EGX30 rose 0.05 percent to 5896.56 points. EGX50 EWI index went up 0.66 percent to 1076.63 points. EGX20 increased 0.25 percent to 5937.66 points. On the other hand, the mid- and small-cap index EGX70 grew 0.97 percent to 355.41 points. The price index, EGX100 hiked by 0.67 percent 709.74 points. Turnovers weak On Tuesday, the bourse’s trading volume hit 221.838 million securities, with turnovers closed at 1.743 billion pounds, exchanged through 22,502 transactions. Also during the closing session, 160 listed securities have been traded in; 35 declined, 70 advanced; while 47 kept their previous levels. More»
Islam Salah - 2016-01-26 16:50:27
Egypt’s market watchdog, Egyptian Financial Supervisory Authority (EFSA) has signed Tuesday a cooperation agreement with Dubai Financial Services Authority (DFSA). On the sidelines of the Emerging Markets Committee Conference of world's largest organisation of financial regulators (IOSCO) running in the Indonesian city of Bali, the two regulators signed the deal. The agreement has been signed by Sherif Samy – EFSA’s chairman; and Ian Johnston – DFSA’s chief executive. “The agreement comes in the light of the growing ties between EFSA and DFSA as well as the current cross-listing cooperation between firms listed on the Egyptian stock Exchange (EGX) and Nasdaq Dubai.” said Market regulator chief Sherif Samy. The agreement aims to bolster regulatory cooperation in field of disclosure rules for firms in both Cairo and Dubai markets, Samy added. In May 2014, EFSA signed a Memorandum of Understanding (MoU) with DFSA regarding exchanging of supervisory information, aiming to create new channels of communication and mutual understanding, to exchange regulatory and technical information, to offer help in auditing and inspection to ensure the efficiency of the two bodies in carrying out its functions. More»
Amwal Al Ghad English - 2016-01-25 09:35:11
Egyptian stock market is closed Monday on the occasion of the 25 January Revolution anniversary as well as Police Day. Trading will be resumed on Tuesday, January 26th, 2016.On Sunday, the Egyptian stock exchange's main indices rallied as rising oil prices pushed Egypt and Gulf markets up. Market capitalisation recorded 386.328 billion Egyptian pounds during Sunday's closing session. The benchmark index EGX30 rose 3.15 percent to reach 5,893 points. The index for medium and small enterprises EGX70 and the broader EGX100 also edged up 2.29 and 1.88 per cent, respectively. Mohamed Elnagar, the head of research and investment at El Marwa Brokerage said Egypt's Sunday rally is not a sign of a "real recovery" since pressures on foreign institution to sell are still strong. Elnagar says a recovery of Egypt's market is pending on the direction that oil prices take and the performance of global markets at the beginning of this week. The effects of the global market performance will be seen in Egypt on Tuesday since the trading is cancelled for Monday which coincides with fifth anniversary of the 2011 Uprising and the national police day. More»
Amwal Al Ghad English - 2016-01-24 18:08:11
The Egyptian stock exchange's main indices rallied Sunday, the first trading session of the week as rising oil prices pushed Egypt and Gulf markets up. Market capitalisation recorded 386.328 billion Egyptian pounds during the closing session of Sunday. The benchmark index EGX30 rose 3.15 percent to reach 5,893 points, up from 5,713 at the beginning of trading. Trading kicked off with a strong performance, with EGX30 jumping 3.7 percent in just the first five minutes of trading today. The index for medium and small enterprises EGX70 and the broader EGX100 also edged up today 2.29 and 1.88 per cent, respectively. Mohamed Elnagar, the head of research and investment at El Marwa Brokerage said Egypt's rally today is not a sign of a "real recovery" since pressures on foreign institution to sell are still strong. Elnagar says a recovery of Egypt's market is pending on the direction that oil prices take and the performance of global markets at the beginning of this week. The effects of the global market performance will be seen in Egypt on Tuesday since the trading is cancelled for Monday which coincides with fifth anniversary of the 2011 Uprising and the national police day. Egypt's rally comes in tandem with rallies in the Gulf, after oil prices made a rebound last week. Brent crude soared to $32.18 per barrel on Friday, increasing by 10 per cent which is the one of the largest daily increase ever, according to Reuters. The benchmark Saudi index TASI climbed 2.71 per cent, the Qatari index went up by 4.63 per cent, while the Kuwaiti index rose by 0.58 per cent. Oil prices have dramatically fallen over the past year and a half, since the global market has been flooded with supply. Brent crude had hit its lowest point in 12 years, earlier this month, dropping below $30. Elnagar, nonetheless, said the fears that the global economy will collapse and that oil will continue to fall are still there, asserting that the rise in prices last week does not mean that the "crisis" of oversupply and weakened demand is over. More»
Amwal Al Ghad English - 2016-01-23 16:42:16
Egypt’s stock market incurred weekly losses worth 3.5 billion Egyptian pounds as main index, EGX30 tumbled 2.5 percent. Market Cap Market capitalisation ended at 444.068 billion pounds last Thursday, compared to 484.908 billion pounds at the end of a week earlier. Indices EGX30 registered its highest point on Tuesday closing at 6097.45 points, whereas its lowest point recorded on Thursday at 5713.35 points. In addition, the mid- and small-cap index, the EGX70 edged up in a week by 2.4 percent closing at 344 points during Thursday's session, compared to 336 points at the end of a week earlier. The price index, EGX100 went down 0.4 percent finishing at 692 points during Thursday's session, from 695 points at the end of a week earlier. More»
Aya Salah Eddin - 2016-01-21 14:37:20
Stocks in Egypt declined further Thursday with losses estimated at 1.337 billion Egyptian pounds (US$170.8 million) driven by foreign selling pressures. Market capitalisation has recorded 380.532 billion pounds during the closing session of Thursday. Indices Egypt’s benchmark index, EGX30 dropped 1.09 percent to 5713.35 points. EGX50 EWI index went down 0.05 percent to 1042.37 points. EGX20 plummeted 0.84 percent to 5714.95 points. On the other hand, the mid- and small-cap index EGX70 rose 0.23 percent to 344.133 points. The price index, EGX100  increased by  0.06 percent 692.03 points. More»
Amwal Al Ghad English - 2016-01-20 15:06:02
Egypt is sending an official delegation to Bali, Indonesia to take part in the Growth and Emerging Markets Committee Conference of world's largest organisation of financial regulators (IOSCO). The GEM Annual Meeting and Conference is taking place at the beginning of the year on January20-22, aiming to provide a good opportunity to discuss the outlook for emerging markets. The Egyptian delegation to IOSCO’s GEM event is headed by Sherif Samy, Chairman of the Egyptian Financial Supervisory Authority (EFSA). The three-day event provides an important platform to discuss key regulatory priorities and challenges within growth and emerging markets. It will feature the GEM plenary meeting, an interactive and practical regulatory workshop and a public conference. IOSCO is the global organisation of securities regulators and is responsible for elaborating policies and standards that market supervisors implement internationally. It has over 200 member organisations and its membership regulates more than 95 percent of the world’s securities markets. More»