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        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        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        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        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 - 2016-09-04 18:20:26
Egyptian stock market started week higher backed by foreign investors’ buying appetite. Main index, EGX30 climbed 1.29 percent, to 8241.16 points. Other indices; EGX50 EWI index also rose 0.71 percent, to 1383.61 points; EGX20 added 0.64 percent, to 8313.27 points. Mid- and small-cap index EGX70 were 0.02 percent higher, to 356.69 points. Price index, EGX100 inched up 1.68 percent, to 819.6 points. Market Cap Market capitalisation gained 2.6 billion Egyptian pounds ($292.7 million), to record 414.740 billion pounds during the closing session of Sunday. More»
Gehad Abdel Ghany - 2016-09-04 15:45:16
Egyptian Media Company, owned by business tycoon Ahmed Abou Hashima, has picked investment bank FEP Capital as the lead advisor for its planned initial public offering on local stock exchange. FEP Capital, part of regional First Equity Partners (FEP), is a private Equity, investment banking, and consultancy company; it is the most recent investment bank working in Egypt. The recently-formed Egyptian Media Company has signed the contracts on Sunday with in a ceremony at FEP Capital’s headquarters attended by Abou Hashima, Omar El Maghawry, CEO of FEB Capital, Abdullah Shahin, Chairman of FEP Capital and other leaderships in the two firms. “Being one of the most powerful investment bankers in the Egyptian market currently, the choice of FEP capital was based on its firm position and our confidence in their expertise. The Egyptian Media Group aims to become regionally and internationally stronger,” said Abou Hashima. Shahin said putting Egyptian Media Group up for an IPO on the stock market would have a major positive impact and move the stagnant water in the Egyptian stock market. The agreement includes a financial restructuring process of Egyptian Media Group and all its affiliates to integrate activities in different companies and financial savings, in preparation for an IPO on Egypt’s stock exchange (EGX), Omar El Maghawry said. He added that there is a plan for the group’s financial future, which would include setting up and rehabilitating any future expansions whether by pumping new investments, or acquisition of other entities. The plan will also involve examining all market and competitive opportunities that will complement the group’s activities, El Maghawry said. On 15 May, Egyptian Media Company, owned by Abou Hashima, signed a contract to acquire tycoon Naguib Sawiris’ media outlets ONTV and ONLIVE. ONTV played an important role during and after the 25 January Revolution, as it hosted several political TV programmes. On 1 June, Abou Hashima finalised an agreement to purchases 51 percent of Presentation Sports, which holds the rights to broadcast the Egyptian league matches, at a cost of 185 million Egyptian pounds. On 6 June, Egyptian Media signed a contract to acquire 50 percent of the production company Egypt for Cinema, which is owned by producer and businessman Kamel Abu Ali. Egyptian Media said it is looking to restore Egypt’s role as the leader in the media, television industry, and drama series production. More»
Amwal Al Ghad English - 2016-09-03 17:01:13
Egypt’s main stock index, EGX30 rose 0.06 percent in a week witnessed unsteady performance. Market Capitalisation: Egypt's stock market incurred weekly mild losses worth 97 million Egyptian pounds ($11 million), closing at 412.159 billion pounds during the closing session of Thursday versus 412.256 billion pounds at the end of a week earlier. More»
Amwal Al Ghad English - 2016-09-01 15:08:46
Egyptian stock market edged down on Thursday, trimming some of Wednesday’s gains. Main index, EGX30 fell 0.26 percent, to 8136.44 points as 70 percent of traded shares retreated. Telecom Egypt, which rose 2.7 percent on Wednesday after announcing it had acquired the country's first 4G mobile licence, shed 1.0 percent to 10.00 Egyptian pounds. Other indices; EGX50 EWI index dropped 0.47 percent, to 1373.82 points; EGX20 rose 0.04 percent, to 8260.32 points. Mid- and small-cap index EGX70 were lower 0.24 percent, to 356.62 points. Price index, EGX100 sagged 0.17 percent, to 806.08 points. More»
Amwal Al Ghad English - 2016-08-31 15:43:53
Egypt’s stock market traded higher on Wednesday backed by local and Arab investors’ buying appetite. Main index, EGX30 rose 0.96 percent, to 8158.04 points backed as blue chip Telecom Egypt (ETEL.CA)’s shares advanced 2.7 percent. The company announced earlier that it had acquired the country's first 4G mobile licence for 7.08 billion Egyptian pounds ($797 million), paving the way for it to become the fourth mobile provider in Egypt. Other indices; EGX50 EWI index added 0.28 percent, to 1380.28 points; EGX20 grew 0.83 percent, to 8256.87 points. Mid- and small-cap index EGX70 went up 0.08 percent, to 357.47 points. Price index, EGX100 increased 0.38 percent, to 807.49 points. More»
Amwal Al Ghad English - 2016-08-30 16:41:24
Egypt’s stock market climbed Tuesday backed by local investors’ buying appetite. Main index, EGX30 grew 0.60 percent, to 8080.81 points. Other indices; EGX50 EWI index surged 0.53 percent, to 1376.42 points; EGX20 added 0.89 percent, to 8188.67 points. Mid- and small-cap index EGX70 rose 0.27 percent, to 357.17 points. Price index, EGX100 went up 0.41 percent, to 804.47 points. More»
Amwal Al Ghad English - 2016-08-29 16:20:01
Egyptian stock market closed lower Monday. Main index, EGX30 fell 0.25 percent, to 8032.43 points as stocks favoured by foreign funds retreated. Commercial International Bank (COMI.CA) lost 1.6 percent and Talaat Mostafa Group Holding (TMGH.CA) dropped 2.1 percent. Other indices; EGX50 EWI index added 0.22 percent, to 1369.17 points; EGX20 rose 0.16 percent, to 8116.49 points. Mid- and small-cap index EGX70 dropped 0.68 percent, to 356.22 points. Price index, EGX100 declined 0.26 percent, to 801.22 points. Market Cap Market capitalisation incurred losses worth 642 million Egyptian pounds ($72.3 million), to record 407.973 billion pounds during the closing session of Monday. More»
Amwal Al Ghad English - 2016-08-29 08:11:48
Cleopatra Hospital Company (CLHO.CA) announced that its Board of Directors approved the appointment of EFG Hermes Investment Banking to advise on the group’s potential acquisition of an additional 47% stake in Cairo Specialised Hospital (CSH), according press statement on Sunday. CSH is a subsidiary of Cleopatra Hospital, as the company acquired a 53% stake in CSH in September 2015. “The potential acquisition of the full minority stake in CSH would unlock significant value for group shareholders and aligns with Cleopatra’s strategy of driving growth through synergies from the full integration of all of its present assets,” the statement read. More»
Amwal Al Ghad English - 2016-08-28 16:00:12
Egypt’s stocks traded lower on Sunday weighed by non-Arab foreign selling pressures. Main index, EGX30 sank 0.97 percent, to 8052.23 points, hitting a three-week low after the Minister of Supply Khaled Hanafi resigned amid the highest-profile wheat corruption case since President Abdel Fattah al-Sisi came to power in 2014. A parliamentary fact-finding commission's report into corruption in Egypt's wheat industry found the government played a key role in "wasting public funds" in its costly food subsidy programme. The controversy could destabilise the cabinet or distract its attention from economic reforms needed to secure a $12 billion loan from the International Monetary Fund. It could also complicate an international bond issue which the country plans in late September or early October, according to Reuters. Other indices; EGX50 EWI index also edged down 1.21 percent, to 1366.12 points; EGX20 dived by 1.50 percent, to 8103.19 points. Mid- and small-cap index EGX70 fell 1.18 percent, to 358.66 points. Price index, EGX100 dropped 0.95 percent, to 803.3 points. More»
Amwal Al Ghad English - 2016-08-25 18:26:19
Egypt’s stocks were lower Thursday weighed by non-Arab foreign selling pressures. Main index, EGX30 tumbled 1.13 percent, to 8131.49 points, as blue chip Orascom Telecom Media and Technology Holding (OTMT.CA) reported a quarterly and half year loss. Orascom Telecom, the most heavily traded stock, dropped 1.7 percent. It reported a net loss of 3.635 million Egyptian pounds ($409,000) for the first half of the year, though revenues rose to 213.285 million pounds from 129.316 million pounds a year ago. Other indices; EGX50 EWI index also dropped 1.31 percent, to 1382.84 points; EGX20 inched down by 1.41 percent, to 8226.97 points. Mid- and small-cap index EGX70 decreased 0.12 percent, to 362.93 points. Price index, EGX100 rose 0.06 percent, to 811 points. More»