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        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        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        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

Amwal Al Ghad English - 2014-04-07 08:29:44
Egypt’s bourse management is holding today an emergency meeting with heads of brokerage firms and funds, to review reasons behind the recent massive decline in equities. Dr. Mohamed Omran, Chairman of the Egyptian Exchange (EGX) said he will hold an emergency meeting with managers of brokerage firms and funds operating in the local exchange, both governmental and private, to look into the market conditions and reasons behind the recent steep decline in equities. The top official invited fund managers to discuss reasons for the selling tendency of some funds over the recent period that drove stocks and indexes lower. The size of the 42 investment funds operating in EGX amounts to nearly EGP 7 billion. There is no clear justification for the drop in equities, as profit taking is seen as normal following the record leaps recorded by stocks in the last days, according to Omran. Omran also indicated that the financial performance of listed companies is solid, adding that he addressed more than 50 companies that slid on the bourse asking them to show their financial positions and P/E ratios to investors in order to help them take the right decisions. The bourse fell more than 10% since Thursday’s session and market capitalization lost more than EGP 40 billion. More»
Yomna Yasser - 2014-04-06 13:40:49
Egypt’s stock market ended harshly lower on Sunday, with losses totalling 7.7 billion Egyptian pounds as local investors extended profit-taking bout. The main stock index – EGX30 sank below 7525 points. Meanwhile, the Egyptian Exchange (EGX) indices were wavering in dark red notes on Sunday afternoon. Indices Egypt’s benchmark index EGX30 closed 2.30 per cent lower to 7524.12 pts; while EGX20 finished 3.08 per cent down to 8904.42 pts.      On the contrary, the mid- and small-cap index, the EGX70 plunged by 1.04 per cent to end at 568.3 pts. The price index EGX100 inched down by 1.10 per cent to conclude at 998.28 pts.   Furthermore, the market capitalization recorded EGP 453.605 billion on Sunday. More»
Amwal Al Ghad English - 2014-04-06 10:08:03
Egypt’s Interim president Adly Mansour, enacted on Saturday a decree to amend some of Capital Market regulations, substituting Article No. 24 of Capital Market law No. 95/1992. The amendment allows respective minister to regulate brokerage commission fees and maximum rates of other services provided in the Egyptian Exchange. The new decree estimates securities listing fees at 2 per 1000 of any capital, with maximum rate of EGP 500.000 annually. More»
Yomna Yasser - 2014-04-06 09:34:38
Egyptian stocks opened a new week higher with gains worth 2.3 billion Egyptian pounds powered by foreign buying appetite. In return, the main stock index – EGX30 surged at early trading to near 7780 points on Sunday. The Egyptian Exchange indices were wavering on green notes during the opening session of Sunday. Indices The Benchmark EGX30 inched up by 0.98% to 7776.86 p, and EGX20 climbed by 1.17% to 9294.11 p. Meanwhile, the mid- and small-cap index, the EGX70 hiked by 0.89% to 579.37 p.  Price index EGX100 increased by 0.85% to 1018.02 p. Furthermore, market capitalization reached EGP 463.619 billion, according to data compiled by Amwal Al Ghad English at 11:24 a.m. Cairo time (09: 24 GMT). More»
Sara Imam & Islam Salah - 2014-04-05 17:55:37
Egypt’s Central Clearing, Depository and Registry house (MCDR) is planning to finalize the dual listing framework with  Abu Dhabi Securities Market within the next two weeks. This comes after MCDR signed a memorandum of understanding with its Abu Dhabi counterpart to enforce a link-up framework designed to enable investors to gain access to shares in major companies on both markets, MCDR chairman Mohamed Abdel-Salam noted on Saturday. Speaking to Amwal Al Ghad, the Egyptian top official said: “The MCDR-ADSM linkage comes in accordance with the Africa and Middle East Central Depositories Association (AMEDA)’s decree stressing the need for the GCC and North African countries to be linked with Egypt’s MCDR.” More»
Amwal Al Ghad English - 2014-04-05 13:26:10
Univert for Food Industries S.A.E. topped the most active firms listed in the Egyptian bourse of SMEs (NILEX), with volume of trades amounted to 3.778 million securities. Univert’s  (UNFO.CA on EGX) turnovers hit EGP 6.555 million throughout last week. Marseille Almasreia Alkhalegeya For Holding Investment (MAAL.CA on EGX) ranked second as its volume of trades amounted to 735.4 thousand securities worth EGP 1.779 million. In a week, the Nile Stock Exchange - NILEX reported a volume of trades of 6.6 million securities worth turnovers of EGP 15.7 million exchanged through 1917 transactions. BIG Trade and Investment (BIGP on EGX) came third as its volume of trades reached 663.3 thousand securities worth EGP 2.81million. Fourthly, Al-Moasher for Programming and Information Dissemination (AMPI.CA on EGX) recorded a volume of trades reached 641 thousand securities worth EGP 725.1 thousand. Fifthly, Port Saied for Agricultural Development and Construction (PSAD.CA on EGX) attained a volume of trades reached 180.8 thousand securities worth EGP 443.2 thousand. International Company For medical Industries – ICMI S.A.E. (ICMI.CA on EGX) came sixth recording a volume of trades of 149.3 thousand securities worth EGP 742.9 thousand. Misr Kuwait Investment & Trading Co. (MKIT.CA on EGX) was on the seventh position having a volume of trades of 102.7 thousand securities worth EGP 218.5 thousand. Eighthly, El-Badr Plastic Co. (EBDP.CA on EGX) reported a volume of trades of 86.7 thousand securities worth EGP 393.2 thousand. Ninthly, Utopia Real Estate Investment and Tourism (UTOP.CA on EGX) has recorded a volume of trades of 79.4 thousand securities worth 603 thousand. First Investment Company and Real Estate Development (FIRE.CA on EGX) reported tenth having a volume of trades of 57.4 thousand securities worth EGP 186.1 thousand. Brothers Solidarity for Real Estate Investment & Food Security (BSRF on EGX) has ranked eleventh registering a volume of trades of 42.9 thousand securities worth EGP 96 thousand. AMICO Medical Industries (AMECO.CA on EGX) took the twentieth position recording a volume of trades of 1.3 thousand securities worth EGP 17.8 thousand. At the bottom of the list, Masria Cards (MSRC.CA on EGX) came thirteenth getting a volume of trades of 1.3 securities worth EGP 56.9. More»
Amwal Al Ghad English - 2014-04-05 13:03:18
In a week, Egypt’s bourse incurred massive losses totalling 26.2 billion Egyptian pounds as local investors extended profit-taking bout on positions built in anticipation of former army chief Abdel Fattah al-Sisi's run for president. The market was also reversely affected by the recent three explosions occurred outside Cairo University which killed at least two and wounded over seven. Consequently, the main stock index – EGX30 dived by 6.7% in a week to close below 7705 points in a week. The market has dropped 8.0 percent over three days. It is still up 15.1 percent year-to-date, having surged on hopes that Sisi, seen by many investors as the best guarantor of stability, would run in this May's elections. When Sisi finally did announce his candidacy last week, investors started booking profits; the move was amplified by an earnings report by EFG Hermes, which swung to a net loss in 2013 because of one-off charges. Back to the performance of the Egyptian Exchange’s indices throughout last week trading sessions, the EGX30 dived by 6.7% in a week, registering a decline of 550.72 points, ending Thursday’s transactions at 7701.11 points compared to 8251.83 points at the end of a week earlier. The main gauge index registered its highest point on Sunday closing at 8092.38 points, whereas its lowest point recorded on Thursday at 7701.11 points. In addition, the mid- and small-cap index, the EGX70 sank by 8.4% closing at 574.27 points during Thursday’s session, compared to 627.1 points at the end of a week earlier. The price index, EGX100 also pushed down by 7.7% concluding by 1009.43 points during Thursday’s session, against 1094.21 points at the end of a week earlier. Furthermore, the market capitalization closed at 461.292 EGP billion last Thursday, compared to EGP 487.442 billion at the end of a week earlier. Turnovers & Traded Volumes: Through the week, the trading volume hit around 1.04 billion securities, compared to 1.7 billion securities at the end of a week earlier. For the traded value, it reached EGP  4.7 billion against EGP 6.3 billion a week earlier. More»
Amwal Al Ghad English - 2014-04-05 11:41:53
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange (LSE) ended mostly flat on Friday’s trading. The GDRs of Orascom Telecom Media And Technology Holding S.A.E. (OTMT) inched higher by 9.88% to close at $0.88. On the contrary, Commercial International Bank Egypt (CBKD)’s GDRs closed 0.96% lower to $5.15. Meanwhile, the GDRs of the investment bank EFG Hermes Holding S.A.E. (EFGD) and Orascom Construction Industries (ORSD) closed with no change at their values of $3.05, and $42.01, respectively. More»
Amwal Al Ghad English - 2014-04-05 09:25:43
In a week, Orascom Telecom Media & Technology Holding S.A.E. has managed to lead the top ten active firms listed in the Egyptian Exchange, with 399 million securities. OTMT(OTMT.CA on EGX)’s amount of turnovers hit around EGP 485 million through last week trading sessions. Arab Investment and Development (formerly AIC Contracting) (AIND.CA on EGX) ranked second as its volume of trades amounted to 151 million securities worth EPG 314 million. Amer Group Holding (AMER.CA on EGX) came third reporting a volume of trades of 121 million securities worth EGP 187 million. Fourthly, Palm Hills Developments (PHDC.CA on EGX) had a volume of trades hit 67 million securities worth EGP 250 million. Fifthly, Electro Cable Egypt (ELEC.CA on EGX) had a volume of trades reached 58 million securities worth 81 million. Sixthly, Egyptian Resorts - ERC (EGTS.CA on EGX) recorded a volume of trades reached 56 million securities worth EGP 89 million. Citadel Capital (CCAP.CA on EGX) came seventh having a volume of trades reached 53 million securities worth EGP 245 million. Upper Egypt Contracting (UEGC.CA) has been ranked eighth as its volume of trades amounted to 35 million securities worth EGP 77 million. Arab Cotton Ginning (ACGC.CA) has been ninth reporting a volume of trades reached 32 million securities worth EGP 191 million. At the bottom of the list, Commercial International Bank S.A.E. (COMI.CA) has come tenth recording a volume of trades reached 28 million securities worth EGP one billion. More»
Yomna Yasser - 2014-04-03 14:19:30
Egypt’s stock market ended this week lower with massive losses totalling 9.9 billion Egyptian pounds as local investors went on booking profits. The main stock index – EGX30 went deeply lower to close this week below 7705 points. turned to losses by the end of trading on Wednesday, with losses worth 45 Egyptian pounds amid local profit-taking. In addition, the main stock index – EGX30 pared early rally to close at 7930 points. Meanwhile, the Egyptian Exchange (EGX) indices were wavering in dark red notes on Thursday afternoon. Indices Egypt’s benchmark index EGX30 closed 2.89 per cent lower to 7701.11 pts; while EGX20 finished 3.45 per cent down to 9186.92 pts.      On the contrary, the mid- and small-cap index, the EGX70 plunged by 2.74 per cent to end at 574.27 pts. The price index EGX100 pushed down by 2.59 per cent to conclude at 1009.43 pts.   Furthermore, the market capitalization recorded EGP 461.292 billion on Thursday. More»