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

Amwal Al Ghad English - 2016-01-11 19:00:01
Egypt’s stocks fell Monday for the third consecutive session as the market’s benchmark EGX30 index dropped 2.17 percent to close at 6,634 points. Out of 168 shares listed, 22 gained and 104 shares went down in a session that witnessed a daily turnover for listed securities worth 539.5 million Egyptian pounds. The broader EGX70 index also slipped 1.73 percent Monday. Egyptians were net buyers to the tune of 78.5 million pounds, with individuals making up around 70 percent of total investors during the day. Heavyweight Commercial International Bank (CIB) plunged 2.45 percent to 36.27 pounds per share. Real estate developer Talaat Moustafa Group (TMG) shed 4.58 percent to close at a price of 6.04 pounds per share, while Orascom Telecom Media and Technology (OTMT) dipped 2.99 percent to register 0.65 pounds per share. Orascom Construction Limited (OC) was up 0.60 percent to register 63.42 pounds per share. GB Auto also gained 2.18 percent to close at 3.28 pounds per share. More»
Gehad Abd El-Ghany - 2016-01-11 14:03:59
Five firms are expected to be listed on Egypt’s bourse for the small and medium-sized enterprises (NILEX) within the first half of this year, said Egypt-based financial adviser Economic Group for Securities. Kamal Eldin Mahgoub – Economic Group’s chairman – told Amwal Al Ghad Monday that his firm plans to help listing of five firms, whose capitalisations totalling 26 million Egyptian pounds (US$3.3 million), on NILEX in the first half of 2016. Meanwhile, Economic Group is also negotiating with a real estate developer firm to list its share on NILEX before the end of the first quarter of 2016, Mahgoub added. The developer’s capitalisation is with a capital worth 8 million pounds. There are also negotiations with three industrial firms to be listed on NILEX before the first half of 2016, with total capitals worth 17 million pounds, Economic Group’s chairman said. More»
Islam Salah - 2016-01-10 17:40:50
Egypt's Beltone Financial Holding (BTFH.CA) is planning to launch the country’s second exchange-traded fund (ETF) within 2016, portfolio manager Alyaa Gomaa told Amwal Al Ghad Sunday. Gomaa further said the new fund would be with an initial capital of around 5 million Egyptian pounds (US$638 million), to be doubled in the coming period. In mid January 2015, Beltone launched Egypt’s first ETF namely, XT-Misr that mirrors the performance of the country's EGX 30 stock index, the investors’ yardstick for the Egyptian stock Exchange (EGX). Gomaa said XT-Misr’s capital currently ranges between 20 and 30 million pounds. XT-MISR is an open-ended fund investing in a basket of securities mimicking the performance of the CASE 30 Index. The CASE 30 Index includes the top 30 traded companies in terms of liquidity and activity. “XT-MISR is a first for the Arab region; a simple, easy ‘no frills’ means of spreading exposure in a diverse portfolio.” Beltone Financial’s Chairman, Aladdin Saba said in an earlier statement during the launch of the fund.Saba said he believed the ETF, as a diversified, low-cost vehicle, would appeal to a wide range of domestic and international investors to Egypt’s stock market. Beltone Financial was the first company to be granted the country's first licence for ETFs. Last November, shareholders in Beltone Financial agreed to sell 97.3 percent of shares in the financial services company to Egyptian tycoon Naguib Sawiris’ Orascom Telecom Media and Technology and investment bank Act Financial. More»
Gehad Abd El-Ghany - 2016-01-10 16:14:16
Egypt-based financial adviser, Eagle is planning to help list five firms’ shares on the country’s bourse for the small and medium-sized enterprises (NILEX) in the first half of 2016, its chairman announced Sunday. Yasser Emara said five firms are with capitalisation totalling 23 million Egyptian pounds (US$3 million). Emara further told Amwal Al Ghad that Eagle’s talks with two shipping firms are at advanced stage. Eagle plans to advise listing 20 percent of those shipping firms’ shares on NILEX before the end of the current quarter. These two firms are with capitalisation of 3 million pounds and 2.5 million pounds, respectively, he added. Moreover, Eagle is also negotiating with three other firms to list their shares on NILEX. One of those firms is operating in the communications and information technology sector, with capitalisation worth 2.5 million pounds. The two other firms are working in the agricultural manufacturing, with capitalisation amounting to 10 million pounds and 5 million pounds, respectively. More»
Aya Salah Eddin - 2016-01-10 14:37:18
Egypt's stock market has concluded Sunday trade with losses estimated worth 6.3 billion Egyptian pounds (US$804 million) driven by foreign selling pressures. The market capitalisation has recorded 422.660 billion pounds. Indices Egypt’s benchmark index, EGX30 sank 2.03 percent to 6782.35 points. EGX50 EWI index pushed down 1.46 percent to 1177.44 points. EGX20 plunged 2.18 percent to 6770.36 points. In addition, the mid- and small-cap index EGX70 dropped 0.97 percent to 381.05. The price index, EGX100 plummeted 1.43 percent 776.74 points. More»
Amwal Al Ghad English - 2016-01-07 10:37:26
Egyptian Financial Group Hermes Holding' post-capital cut shares are set to be listed in the stock market on January 11, the Egyptian Exchange (EGX) announced Wednesday in a statement. EGX's listing committee stated that the capital of the company is set to be cut from 3.26 billion Egyptian pounds (US$416.4 million) to 3.1 billion pounds, distributed across 614.9 million shares at 5 pounds par value each. According to the statement, the capital cut will be effected through the cancellation of 37 million treasury stocks. EFG-Hermes currently operates with EGP 2.9 billion, distributed across 573.5 million shares at EGP 5 par value each. More»
Aya Salah Eddin - 2016-01-06 14:25:50
Egyptian stock markets concluded Wednesday trading with losses estimated at 994 million Egyptian pounds (US$126 million) despite local buying appetite. The market capitalisation recorded 428.987 billion pounds during the closing session of Wednesday. Indices Egypt’s benchmark index, EGX30 declined 1.41 percent to 6922.71 points. The EGX50 EWI index went down 0.38 percent to 1194.85 points. EGX20 sagged 1.15 percent to 6921.41 points. In addition, the mid- and small-cap index EGX70 increased 0.45 percent to 384.8 points. The price index, EGX100 dropped 0.33 percent to 787.98 points. More»
Noha Gad - 2016-01-05 14:39:22
Egyptian stock market finished Tuesday with gains estimated at 2.16 billion Egyptian pounds (US$275.8 million) on Egyptian and foreign buying appetite. The market capitalisation has reached 429.981 billion Egyptian pounds during the closing session of Tuesday. Indices Egypt’s benchmark index, EGX30 rose by 0.56 percent to 7021.42 points. The EGX50 EWI index went up by 0.92 percent to 1199.36 points. EGX20 increased by 0.52 percent to 7001.87 points. In addition, the mid- and small-cap index EGX70 jumped by 1.75 percent to 383.08 points. The price index, EGX100 boosted by 0.94 percent to 790.58 points. More»
Noha Gad - 2016-01-04 14:53:33
Egyptian stock markets finished Monday with losses estimated at 4.4 billion Egyptian pounds (US$561.8 million) despite local and non-Arab buying appetite. The market capitalisation recorded 427.814 billion pounds during the closing session of Monday. Indices Egypt’s benchmark index, EGX30 declined by 1.51 percent to 6982.25 points. The EGX50 EWI index went down by 1.91 percent to 1188.44 points. EGX20 sagged by 2.11 percent to 6965.95 points. In addition, the mid- and small-cap index EGX70 went down by 1.88 percent to 376.49 points. The price index, EGX100 dropped by 1.64 percent to 783.22 points. More»
Aya Salah Eddin - 2016-01-03 14:23:50
Egyptian stock market closed higher on the first trading day of 2016 with gains estimated at 2.4 Egyptian pounds (US$306 million) on Arab buying appetite. The market capitalisation reached 432.235 billion pounds during the closing session of Sunday. Indices Egypt’s benchmark index, EGX30 climbed 1.19 percent to 7089.06 points. The EGX50 EWI index inched higher 0.92 percent to 1211.54 points EGX20 increased 0.58 percent to 7115.97 points. In addition, the mid- and small-cap index EGX70 surged 1.33 percent to 383.71 points. The price index, EGX100 hiked 0.72 percent to 769.29 points. More»