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

Yomna Yasser - 2015-03-02 13:47:50
Egypt’s stock market shares edged up on Monday with gains worth 5.8 billion Egyptian pounds (around US$760 million) backed by local investors’ buying appetite. Accordingly, the country’s main stock index, EGX30 also advanced above 9455 points. The rest of the Egyptian Exchange’s indices were also wavering in green notes during the closing session of Monday. Indices: The EGX30 pushed up by 1.86 percent to close at 9456.33 points. EGX20 climbed by 2.07 percent to 10397.9 points. In addition, the mid- and small-cap index EGX70 grew by 1.34% to 565.16 points. The price index, EGX100 hiked by 1.30% to 1126.48 points. Turnovers rise On Monday, the trading volume has reached 106.307 million securities, with turnovers climbed to EGP 884.241 million, exchanged through 17.435 thousand transactions. Also during the closing session, 180 listed securities have been traded in; 28 declined, 124 advanced; while 17 kept their previous levels. Furthermore, the market capitalization recorded EGP 515.018 billion on Monday. More»
Amwal Al Ghad English - 2015-03-02 09:02:30
Egyptian foodmaker Edita said on Monday it would put up to 30 percent of its ordinary shares on the Egyptian stock market in a secondary public offering. The company is making a combined offering that includes an institutional offering of ordinary shares on the Egyptian bourse and global depository receipts (GDRs) to be listed in London. There would also be a separate domestic offering of ordinary shares, it said in a statement. "Edita has received permission to list its shares on the EGX (bourse) under the symbol EFID.CA," the company said. It added that shareholders were meeting to approve the combined offering. Market sources later told Reuters on Monday that the firm would seek to raise 2 billion Egyptian pounds ($262 million) in the initial offering on the Cairo bourse. The sources said trading was expected to start from early April. Edita has a capital of 72.536 million pounds, divided into 362,681,000 shares, with a nominal value of 0.20 pounds per share. The Edita offering is part of a flurry of mergers and rights issues that has boosted activity on the Cairo exchange, which had struggled to win investor confidence during four years of political and economic turmoil since the Arab Spring uprising. Egypt's government launched last year a raft of long-delayed reforms aimed at luring back foreign investors and shoring up growth while cutting a ballooning deficit. Food is seen as a fast-growing sector in the most populous Arab nation of 87 million people. Kellogg won a takeover battle in January to secure a controlling stake in Egyptian cake and biscuit maker Bisco Misr , while Europe's biggest dairy group, Lactalis, is competing with Egypt's Pioneers Holding for cheese maker Arab Dairy. Edita is being advised by Goldman Sachs and EFG Hermes. The shareholders selling stakes in Edita are Africa Samba B.V. and Exoder Limited, the statement said. More»
Yomna Yasser - 2015-03-01 14:31:17
Egypt’s stocks start this week in negative red notes to encounter losses worth around two billion Egyptian pounds (US$249 million) driven by foreign investors’ selling pressures. The country’s main stock index, EGX30 retreated below 9285 points during closing session of Sunday. Indices: The EGX30 tumbled by 0.54 percent to close at 9283.59 points. EGX20 dropped by 0.16 percent to 10187.51 points. In addition, the mid- and small-cap index EGX70 dipped by 0.05% to 557.71 points. The price index, EGX100 went down by 0.21% to 1112.06 points. Turnovers lower Throughout the closing session of Sunday, the trading volume has reached 86.833 million securities, with turnovers climbed to EGP 438.299 million, exchanged through 16.210 thousand transactions. Also during the closing session, 163 listed securities have been traded in; 59 declined, 63 advanced; while 38 kept their previous levels. Furthermore, the market capitalization recorded EGP 509.217 billion on Sunday. More»
Islam Salah - 2015-02-28 17:37:28
In February, Egypt stock market shares incurred losses worth 15.6 billion Egyptian pounds (US$2 billion). Accordingly, the country's benchmark index, EGX30 dived by 5.17% during one month of trading to close at 9334 points. For the mid- and small-cap index, the EGX70 pushed down by 3.22% to close at 558 points. The price index EGX100 also sank by 2.67% to conclude at the level of 1114 points. Furthermore, market capitalization ended at EGP 511.156 billion by end of February’s sessions, 3% down from EGP 526.773 billion by the end of last January’s sessions. Turnovers & Market Summary Throughout February, EGX’s traded volume reached around 2.723 million securities worth turnovers of around EGP 33.9 billion, exchanged through 437 thousand transactions. Earlier in January, the traded volume had reached 2.887 million securities worth turnovers of around EGP 21.7 billion, exchanged through 476 thousand transactions. Elsewhere, the traded volume for the EGX of SMEs – Nile Stock Exchange (NILEX) during February has amounted to 29.1 million securities worth EGP 46.4 million, exchanged through 6912 thousand transactions. For EGX’s Over-The-Counter - OTC trading, the shares had seized 72.66% out of the total traded value; while traded value of the bonds represented around 27.34% in February. More»
Yomna Yasser - 2015-02-26 14:01:41
Egypt’s stock market shares closed in red negative notes on Thursday amid non-Arab foreign investors’ deep sell-offs. Yet, the market capitalisation gained humble gains worth 256 million Egyptian pounds (US$33.5 million). Indices: The EGX30 pushed down by 1.43 percent to close at 9334.01 points. EGX20 sagged by 1.47 percent to 10203.91 points. In addition, the mid- and small-cap index EGX70 dropped by 0.88% to 558 points. The price index, EGX100 inched down by 0.86% to 1114.42 points. Turnovers slump Throughout the closing session of Thursday, the trading volume has reached 121.358 million securities, with turnovers climbed to EGP 573.125 million, exchanged through 21.278 thousand transactions. Also during the closing session, 181 listed securities have been traded in; 112 declined, 35 advanced; while 30 kept their previous levels. Furthermore, the market capitalization recorded EGP 511.156 billion on Thursday. More»
Yomna Yasser - 2015-02-25 14:12:02
Egypt’s stock market shares closed lower on Wednesday incurring losses worth 6.4 billion Egyptian pounds (US$838.7 million) driven by local and Arab sell-offs. The country’s main stock index, EGX30 retreated below 9470 points. Meanwhile, the rest of the Egyptian Exchange’s indices were wavering on red notes during the closing session of Wednesday. Indices: The EGX30 edged down by 1.48 percent to close at 9469.08 points. EGX20 dropped by 1.51 percent to 10356.47 points. In addition, the mid- and small-cap index EGX70 tumbled by 1.17% to 562.95 points. The price index, EGX100 plummeted by 1.10% to 1124.06 points. Turnovers climb Throughout the closing session of Wednesday, the trading volume has reached 93.950 million securities, with turnovers climbed to EGP 1.045 billion, exchanged through 17.537 thousand transactions.                        Also during the closing session, 179 listed securities have been traded in; 116 declined, 36 advanced; while 18 kept their previous levels. Furthermore, the market capitalization recorded EGP 510.900 billion on Wednesday. More»
Yomna Yasser - 2015-02-24 14:32:18
Egypt’s stocks ended on Tuesday with humble gains worth 71 million Egyptian pounds (US$9.3 million). The country’s main stock index, EGX30 ended above 9610 points. Meanwhile, the rest of the Egyptian Exchange’s indices were wavering mostly on red notes during the closing session of Tuesday. Indices: The EGX30 went up by 0.11 percent to close at 9611.66 points. EGX20 fell by 0.12 percent to 10514.73 points. In addition, the mid- and small-cap index EGX70 dropped by 0.52% to 569.63 points. The price index, EGX100 edged down by 0.47% to 1136.51 points. Turnovers Lower Throughout the closing session of Tuesday, the trading volume has reached 80.438 million securities, with turnovers climbed to EGP 599.134 million, exchanged through 15.064 thousand transactions.                        Also during the closing session, 170 listed securities have been traded in; 80 declined, 46 advanced; while 40 kept their previous levels. Furthermore, the market capitalization recorded EGP 517.332 billion on Tuesday. More»
Hesham Ibrahim - 2015-02-24 14:05:46
French investment bank Lazard Ltd will analyse Wadi Holdings’ assets to determine their value ahead of starting IPO on Egypt stock Exchange, Wadi’s managing director Tony Freiji announced. Wadi Holdings (Wadi Group) - a family-owned Lebanese agribusiness company based in Egypt – is planning to list shares on the Egyptian bourse within 2016. Speaking to Amwal Al Ghad on Tuesday, Freiji stated that Lazard would also study other available funding mechanisms to assist Wadi in carrying out its investment strategy. Wadi is also considering participation in national projects in Egypt, notably the One Million Feddans Reclamation project, he noted. More»
Amwal Al Ghad English - 2015-02-24 10:08:44
Promoting Egypt’s upcoming Economic Summit is top of the Egyptian bourse’s agenda, said bourse chief Mohamed Omran on Tuesday. Omran, Chairman of the Egyptian Exchange (EGX), heads to London today to take part in the Middle East Congress. The Middle East Congress will bring together influential figures from government with business leaders from across the region. This timely, two-day congress will focus on investment and redevelopment in the Middle East and North Africa. During his visit, Omran will showcase EGX role in bolstering the Egyptian economy and how companies benefited from available financing opportunities via the local stock market. Omran’s participation comes as part of preparations for Egypt’s upcoming economic summit in March. In a statement issued by EGX on Tuesday, Omran indicated that he would focus on available investment opportunities in Egypt’s stock market and the whole economy, amid improving political conditions. The top official also stressed that EGX will be key for promoting the Egyptian economy over the coming period, as it largely reflects investor expectations and outlook towards the economic and political conditions.The Economic Summit, scheduled for March 13-15 in Sharm El-Sheikh, will open the doors for international and domestic investors to participate and know more about available investment opportunities in Egypt. The summit will present 30 different investment projects worth a total of $20 billion. More»
Yomna Yasser - 2015-02-23 13:36:14
Egypt’s stock market shares surged on Monday gaining around 4 billion Egyptian pounds (US$511.3 million) powered by non-Arab investors’ strong buying appetite.  Accordingly, the country’s main stock index, EGX30 climbed above 9600 points. Meanwhile, the rest of the Egyptian Exchange’s indices were wavering mostly on green notes during the closing session of Monday, except for the mid- and small-cap index EGX70, which solely fell. Indices: The EGX30 inched up by 1.12 percent to close at 9601.14 points. EGX20 grew by 1.02 percent to 10526.99 points. In addition, the mid- and small-cap index EGX70 went down by 0.16% to 572.63 points. The price index, EGX100 rose by 0.18% to 1141.83 points. Turnovers Climb Throughout the closing session of Monday, the trading volume has reached 199.813 million securities, with turnovers climbed to EGP 1.456 billion, exchanged through 20.254 thousand transactions.                        Also during the closing session, 183 listed securities have been traded in; 63 declined, 80 advanced; while 31 kept their previous levels. Furthermore, the market capitalization recorded EGP 517.261 billion on Monday. More»