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        Misr Chemical Industries   5.65        Egyptians Housing Development    1.94        United Arab Shipping   0.43        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        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 - 2014-10-19 14:10:44
Egypt’s stocks ended Sunday’s trading with losses worth 2.1 billion Egyptian pounds amid local investors’ selling pressures. In return, the country’s main stock index, EGX30 closed trading bearish, below 8525 points. The Egyptian Exchange’s indices were wavering in red notes during the closing session of Sunday. Indices Egypt’s benchmark index EGX30 ended 0.81 per cent lower to 8523.87 pts; and EGX20 finished 1.03 per cent down to 9728.88 pts. In addition, the mid- and small-cap index, the EGX70 inched down by 0.65 per cent to finish at 568.46 pts. The price index EGX100 dropped by 0.81 per cent to conclude at 1041.92 pts.   Furthermore, the market capitalization recorded EGP 484.572 billion on Sunday. Turnovers above EGP One billion Through the closing session of Sunday, the trading volume has reached 148.673 million securities, with turnovers worth EGP 1.197 billion, exchanged through 24.173 transactions.                Also during the closing session, 182 listed securities have been traded in; 106 declined, 46 advanced; while 25 kept their previous levels. More»
Amwal Al Ghad English - 2014-10-19 13:52:05
The talks to enlist two new companies affiliated to the Egyptian Ministry of Religious Endowments (Awqaf) in the country’s stock market are in ‘advanced stage’, said stock Exchange head Mohamed Omran. The talks are over the floating the shares of Awqaf-affiliated El-Hawamdia Contracting and Damanhur Carpet Company on EGX, he revealed. Omran stated on Sunday that the Egyptian Exchange (EGX) approved several weeks ago the listing of two Awqaf-affiliated companies, but delayed the move after realising that some of these companies’ shareholders are involved in legal cases not settled yet. There are no other final agreements to enlist other companies on EGX, he noted. The Egyptian top official added that EGX approached several government and private companies to list their shares, where officials of those companies welcomed the proposal but have not taken any serious steps yet in this regard. Elsewhere, Omran announced that the EGX listing committee will discuss the current week the listing of the first ETFs company, adding that the actual listing will be carried out next week upon completing all documentation. The company is expected to be added to EGX-listed companies this week. Beltone will issue the IPO prospectus after obtaining the approval of the Egyptian Financial Supervisory Authority (EFSA), the top official told state-owned news agency MENA. Two months earlier, Omran had said the Minister of Awqaf Mohamed Mokhtar Gomaa agreed in principle to study the offering of companies affiliated to the ministry for public subscription. The move is aimed at capitalizing on the current activity in the local stock market, Omran said, adding that the IPOs will positively reflect on both the stock exchange and those companies. According to Omran, Gomaa said he is keen on increasing the number of the ministry’s listed companies and avoiding the delisting of the currently listed ones. More»
Yomna Yasser - 2014-10-19 09:22:55
Egypt's stocks opened a new week of trading higher with early gains worth 2.7 billion Egyptian pounds backed by the return of foreign investors’ buying appetite. Accordingly, the country’s main stock index, EGX30 started trading in green above 8705 points, to halt 5-session bearish performance. The Egyptian Exchange (EGX)'s indices were wavering on green notes during the opening session of Sunday. Indices The Benchmark EGX30 climbed by 1.32% to 8707.05 p. In addition, EGX20 inched up by 1.55% to 9982.06 p. The mid- and small-cap index, the EGX70 also grew by 1.08% to 578.36 p.  Price index EGX100 also hiked by 0.91% to 1060.04 p. Furthermore, market capitalization reached EGP 489.380 billion, according to data compiled by Amwal Al Ghad English at 11:13 a.m. Cairo time (09:13 GMT). More»
Amwal Al Ghad English - 2014-10-18 15:54:25
In a week, Egypt’s stock Exchange (EGX) incurred massive losses worth 37.9 billion Egyptian pounds (US$5.3 billion) driven by concerns that global growth is slowing. This comes after a recent report by the International Monetary Fund (IMF), which cut its economic growth forecasts for many countries in the Middle East, citing the impact of political unrest as well as a weaker global outlook. Accordingly, the country’s main stock index, EGX30 ended this week at an eleven-week low, dived by 10% in a week, with a decline of 959 points, ending Thursday's transactions at 8593 points, versus 9552 points at the end of a week earlier. The main gauge index registered its highest point on Sunday closing at 9163.81 points, whereas its lowest point recorded on Thursday at 8593.51 points. In addition, the mid- and small-cap index, the EGX70 sank in a week by 12% closing at 572 points during Thursday’s session, compared to 651 points at the end of a week earlier. The price index, EGX100 also plummeted by 11.2% concluding by 1050 points during Thursday’s session, against 1182 points at the end of a week earlier. Furthermore, the market capitalization closed at EGP 486.711 billion last Thursday, compared to EGP 524.659 billion at the end of a week earlier. Turnovers Through the week, the trading volume hit around 875.7 million securities. For the traded value, it reached around EGP 4.1 billion. More»
Gehad Abd El-Ghany - 2014-10-18 15:27:31
Univert for Food Industries S.A.E. seized the largest volume of trades among other 12 active firms listed in the Egyptian bourse of SMEs (NILEX) during last week trading. Ranked first, Univert (UNFO.CA on EGX) scored a volume of trades amounting to 1.2 million securities worth EGP 1.9 million. Al-Moasher for Programming & Information Dissemination (AMPI.CA on EGX) was on the second position as its volume of trades hit 875.7 thousand securities worth EGP 790.8 thousand. In a week, the Nile Stock Exchange - NILEX reported a volume of trades of 4 million securities worth turnovers of EGP 10.8 million exchanged through 1.7 thousand transactions. Coming third in the list, Marseille Almasreia Alkhalegeya for Holding Investment (MAAL.CA on EGX) registered a volume of trades of 410.4 thousand securities worth EGP 905.1 thousand. Fourth, BIG Trade and Investment (BIGP on EGX) attained a volume of trades reached 364 thousand securities worth EGP 455.7 thousand. Fifth, Egyptian Modern Education Systems (MOED.CA on EGX) obtained a volume of trades amounting to 291.2 thousand securities worth EGP 4.03 million. Misr Kuwait Investment & Trading Co. (MKIT.CA on EGX) came sixth reporting a volume of trades of 184.6 thousand securities worth EGP 313.4 million. The International Fertilizers and Chemicals (ICFC.CA on EGX) was on the seventh position having a volume of trades of 154.3 thousand securities worth EGP one million. Eighthly, Port Saied for Agricultural Development and Construction (PSAD.CA on EGX) registered a volume of trades of 90.5 thousand securities worth EGP 174.9 thousand. Coming ninth on the list, First Investment Company and Real Estate Development (FIRE.CA on EGX) recorded a volume of trades of 89.3 thousand securities worth EGP 188.3 thousand. El-Badr Plastic Co. (EBDP.CA on EGX) reported tenth having a volume of trades of 88.5 thousand securities worth EGP 181.3 thousand. Al Fanar Contracting Construction Trade Import & Export (FNAR.CA on EGX) came eleventh recording a volume of trades of 73.5 thousand securities worth EGP 213.8 thousand. AMICO Medical Industries (AMECO.CA on EGX) ranked twentieth getting a volume of trades of 700 securities worth EGP 10 thousand. At the bottom of the list, VERTIKA (VERT.CA on EGX) came thirteenth with a volume of trades of 200 securities worth EGP one thousand. More»
Islam Salah - 2014-10-18 11:33:31
In a week, Egypt’s Orascom Telecom Media and Technology Holding captures 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 231 million securities, with turnovers worth EGP 238 million through last month trading sessions. Coming second on the list, Amer Group Holding (AMER.CA on EGX) registered a volume of trades amounted to 140 million securities worth EPG 145 million. Palm Hills Development (PHDC.CA) came third reporting a volume of trades of 64 million securities worth EGP 254 million. Fourth, Egyptian Resorts - ERC (EGTS.CA on EGX) had a volume of trades hit 55 million securities worth EGP 69 million. Fifth, Arab Investment and Development (formerly AIC Contracting) (AIND.CA on EGX) had a volume of trades reached 36 million securities worth EGP 50 million. Sixthly, Qalaa Holdings (CCAP,formerly Citadel Capital) (CCAP.CA on EGX) recorded a volume of trades reached 30 million securities worth EGP 122 million. Arab Real Estate Investment CO. - ALICO (RREI.CA) came seventh having a volume of trades reached 22 million securities worth EGP 24 million. Arab Cotton Ginning (ACGC.CA on EGX) has been ranked eighth as its volume of trades amounted to 17.7 million securities worth EGP 81 million. Electro Cable Egypt (ELEC.CA on EGX) has been ninth reporting a volume of trades reached 17.6 million securities worth EGP 23 million. At the bottom of the list, the Rights Issue of GMC Group for Industrial, Commercial and Financial Investments (GMCI.CA on EGX) has come tenth recording a volume of trades reached 17.4 million securities worth EGP 3.3 million. More»
Yomna Yasser - 2014-10-16 13:29:20
Egypt’s stocks closed this week with massive losses worth 12.2 billion Egyptian pounds (US$1.7 billion) driven by local investors’ selling pressures. As a result, the country’s main stock index, EGX30 dived 3.4% on Thursday. The Egyptian Exchange’s indices continued wavering in dark red notes during the closing session of Thursday. Indices Egypt’s benchmark index EGX30 ended 3.38 per cent lower to 8593.51 pts; and EGX20 finished 4.27 per cent down to 9829.98 pts. In addition, the mid- and small-cap index, the EGX70 sank by 4.66 per cent to finish at 572.2 pts. The price index EGX100 sagged by 3.83 per cent to conclude at 1050.44 pts.   Furthermore, the market capitalization recorded EGP 486.704 billion on Thursday. More»
Ahmed Fayez & Islam Salah - 2014-10-16 12:19:20
Cairo-based investment house Naeem Holding plans to launch two new mutual funds in Egypt in the coming years after the country fully restores its stability, said managing director Hazem Kamel on Thursday. Speaking to Amwal Al Ghad, Kamel stated that the two funds would be with initial capitals of 25 million Egyptian pounds for each fund, to be eventually increased to 250 million pounds. This comes as part of Naeem's strategy to boost its portfolio of current assets to US$320 million by the end of the current year, through increasing its presence in Gulf markets in the coming period. 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»
Yomna Yasser - 2014-10-16 11:12:55
Egypt’s stocks were in dark red encountering losses worth 8.4 billion Egyptian pounds during midday trade on Thursday hurt by local investors’ selling pressures. The country’s main stock index, EGX30 was below 8690 points. Meanwhile, the Egyptian Exchange's indices were wavering on dark red notes during the midday session of Thursday. Indices The Benchmark EGX30 plummeted by 2.34% to 8685.66 p, and EGX20 sank by 3.15% to 9945.36 p. In addition, the mid- and small-cap index, the EGX70 dived by 3.23% to 580.78 p. Also, the Price index EGX100 pushed down by 2.67% to 1063.09 p. Furthermore, market capitalization reached EGP 490.541 billion, according to data compiled by Amwal Al Ghad English at 13:03 p.m. Cairo time (11:03 GMT). More»
Yomna Yasser - 2014-10-15 13:58:51
Egypt’s stocks continued its downturn performance, closing lower on Wednesday but with mild losses worth 149 million Egyptian pounds amid non-Arab foreign investors’ sell-offs. Yet, the country’s main stock grew higher above 8890 points. The Egyptian Exchange’s indices continued wavering mostly in green notes during the closing session of Wednesday, except for the price index EGX100, which solely fell. Indices Egypt’s benchmark index EGX30 ended 0.18 per cent higher to 8893.97 pts; and EGX20 finished 0.15 per cent up to 10268.67 pts. In addition, the mid- and small-cap index, the EGX70 rose by 0.40 per cent to finish at 600.14 pts. The price index EGX100 dipped by 0.09 per cent to conclude at 1092.2 pts.   Furthermore, the market capitalization recorded EGP 498.916 billion on Wednesday. More»