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        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        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        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

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»
Yomna Yasser - 2014-10-15 09:07:35
Egypt's stocks kicked off trading higher on Wednesday with early gains worth 3.3 billion Egyptian pounds as local and Arab investors returned to buying appetite. In return, the country’s main stock index, EGX30 returned to green above 8980 points. The Egyptian Exchange (EGX)'s indices were wavering on green notes during the opening session of Wednesday. Indices The Benchmark EGX30 climbed by 1.19% to 8984.1 p. In addition, EGX20 surged by 1.46% to 10402.84 p. The mid- and small-cap index, the EGX70 also grew by 0.34% to 599.74 p.  Price index EGX100 also increased by 0.45% to 1098.19 p. Furthermore, market capitalization reached EGP 502.373 billion, according to data compiled by Amwal Al Ghad English at 10:57 a.m. Cairo time (08:57 GMT). More»
Yomna Yasser - 2014-10-14 13:43:37
Egypt’s stocks ended trading on Tuesday with massive losses totalling 9.5 billion Egyptian pounds hurt by local and Arab investors’ sell-offs. Consequently, the country’s main stock index, EGX30 dived below 8880 points. The Egyptian Exchange’s indices continued wavering in dark red notes during the closing session of Tuesday. Indices Egypt’s benchmark index EGX30 ended 2.60 per cent lower to 8878.19 pts; and EGX20 finished 2.74 per cent down to 10253.26 pts. In addition, the mid- and small-cap index, the EGX70 sank by 2.63 per cent to finish at 597.73 pts. The price index EGX100 also plummeted by 2.57 per cent to conclude at 1093.24 pts.   Furthermore, the market capitalization recorded EGP 499.065 billion on Tuesday. More»
Islam Salah - 2014-10-14 11:38:51
Egyptian stock Exchange (EGX) is able to provide the financing needed for the country’s major economic development projects, said financial firm Pioneers Holding chief executive. Pioneers’ CEO Waleed Zaki highlighted the regulations upgrade carried out in the EGX since mid-2013. The investment certificates are not the only financing instrument, the top official noted, referring to several other instruments, such as bonds and shares, which may be resorted to when required. Zaki further forecasted that the country’s stock market will play a key role in financing the Suez Canal development project, in addition to other national projects. Investors are upbeat about the positive moves and reform procedures carried out recently, such as the reduction in fuel subsidies, in addition to other structural decisions, Zaki added. More»
Yomna Yasser - 2014-10-14 09:34:50
Egypt's stocks opened lower Tuesday with losses amounting to 3.2 billion Egyptian pounds driven by local and Arab investors’ selling pressures. As a result, the country’s main stock index, EGX30 moved lower below 9010 points. The Egyptian Exchange (EGX)'s indices were wavering on red notes during the opening session of Tuesday. Indices The Benchmark EGX30 inched down by 1.16% to 9009.58 p, unlike EGX20, which dropped by 1.41% to 10394.05 p. In addition, the mid- and small-cap index, the EGX70 tumbled by 1.13% to 606.93 p.  Price index EGX100 also decreased by 0.96% to 1111.32 p. Furthermore, market capitalization reached EGP 505.377 billion, according to data compiled by Amwal Al Ghad English at 11:26 a.m. Cairo time (09:26 GMT). Trading Volumes & Values The trading volume has reached 58.398 million securities worth EGP 203.202 million, exchanged through 8598 transactions during Tuesday opening. Also during the opening session, 135 listed securities have been traded in; 95 fell, 21 advanced; while 19 keeping their previous levels. More»
Eslam Salah - 2014-10-13 12:19:54
Egypt's stocks ended trading on Monday lower losing 1.6 billion Egyptian pounds driven by the decline of global stocks. The main stock index, EGX30 retreated below 9115 points. Indices Egypt’s benchmark index EGX30 ended 0.53 per cent lower to 9115 pts; while EGX20 finished 1.16 per cent down to 10542 pts.      In addition, the mid- and small-cap index, the EGX70 sagged by 2.16 per cent to end at 613 pts. The price index EGX100 tumbled by 1.62 per cent to conclude at 1122 pts.   Furthermore, the market capitalization recorded EGP 508.565 billion on Monday. More»
Ahmed Fayez, Eslam Salah - 2014-10-13 11:59:07
Naeem Holding for Investments SAE (NAHO.CA) Managing Director Hazem Kamel revealed that his company is targeting to increase the size of assets under management (AUM) to US$320 million by the end of 2014. In statements to Amwal Al Ghad Kamel added that it is schedule to achieve this increase through new investment portfolio management for institutions in the Gulf region in addition to meeting the requirements of Capital Market Authority, Abu Dhabi to launch new mutual fund within the next 2 years. Naeem is managing 3 mutual fund, the first is Naeem Misr Fund with capital ranging between EGP45-EGP50 million, Naeem MENA Growth Fund and MENA Mac Fund. The current total volume of AUM are ranging between US$230 to US$240 million most of them are in Egyptian and Gulf Stock portfolios and private financial institution, Kamel noted. The Egyptian market is the main axis for the company's plans along with some foreign markets that targeted to find in them more investment opportunities by the next years, he added. More»