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

Yomna Yasser - 2014-08-20 13:32:04
Egypt's stocks ended higher on Wednesday with gains totalling 1.9 billion Egyptian pounds with turnovers approaching one billion and half pounds backed by local and non-Arab foreign investors' buying appetite. In addition, the country's stock index, EGX30 closed in green above 9435 points. Meanwhile, the Egyptian Exchange's indices were wavering in green notes during closing session of Wednesday. Indices Egypt’s benchmark index EGX30 ended 0.45 per cent higher to 9437.49 pts; while EGX20 finished 0.77 per cent up to 11342.01 pts.      In addition, the mid- and small-cap index, the EGX70 increased by 0.15 per cent to finish at 659.11 pts. The price index EGX100 rose by 0.41 per cent to conclude at 1177.35 pts.   Furthermore, the market capitalization recorded EGP 521.713 billion on Wednesday. More»
Amwal Al Ghad English - 2014-08-20 09:41:08
Amoun Pharmaceutical Co., one of the largest drugmakers in Egypt, is considering an initial public offering as an alternative to selling the company, three people with knowledge of the matter said. Amoun’s shareholders are considering an IPO after some of the potential bidders for the company dropped out, one of the people said, asking not to be identified as the information is private. The company is still in sale discussions with one private-equity firm, another person said, without disclosing the name of the bidder. Emerging markets-focused private-equity firm Actis LLP is separately considering a pre-IPO investment in the company, two of the people said. The drugmaker’s shareholders have hired Jefferies Group LLC to explore a potential sale, Chief Executive Officer Mohamed Roushdy said in May. The company’s owners include U.S.-based emerging market-focused private-equity arms of Capital Group Inc., Concord International Investments LP, and the Rohatyn Group, which bought Citigroup Inc.’s buyout business last year. Buyout firms are stepping up acquisitions and exiting investments in Egypt amid improving markets and renewed political stability. Edita Food Industries SAE, part owned by London-based Actis, is close to hiring Goldman Sachs Group Inc. and EFG-Hermes Holding SAE for an initial public offering, three people familiar with the matter said in June. Capital Group, Concord and Citigroup’s former buyout business bought Amoun, which makes both veterinary and human drugs, for about $450 million in 2006. A sale could value Amoun at $700 million to $800 million, people with knowledge of the matter said in July. Representatives for Amoun Pharma, Concord International Investments and Capital Group did not respond to telephone and e-mail requests seeking comment. A representative for Rohatyn Group and a spokeswoman for Actis declined to comment. More»
Yomna Yasser - 2014-08-20 08:39:15
Egypt's stocks opened higher on Wednesday with 2.7 billion Egyptian pounds gains propelled by local and non-Arab foreign investors' optimism towards the Suez canal development project. Accordingly, the country's main stock index, EGX30 kicked off trading above 9470 points. The Egyptian Exchange (EGX)'s indices were wavering in green notes during the opening session of Wednesday. Indices The Benchmark EGX30 hiked by 0.83% to 9473.69 p, and EGX20 inched up by 1.06% to 11373.95 p. In addition, the mid- and small-cap index, the EGX70 climbed by 1.34% to 666.93 p.  Price index EGX100 surged by 1.35% to 1188.43 p. Furthermore, market capitalization reached EGP 522.551 billion, according to data compiled by Amwal Al Ghad English at 11:28 a.m. Cairo time (09:28 GMT). More»
Yomna Yasser - 2014-08-19 12:50:02
Egypt's stocks revived on Tuesday, ending with gains totalling 3.1 billion backed by announcing the winning consortium to draw the general plan for the Suez Canal project. Accordingly, the country's main stock index, EGX30 hiked above 9395 points. The consortium of Bahrain-based Dar Group (Shair and Partners) and its Egyptian subsidiary are the winning firm to make the general plan for the Suez Canal project, chairman of the Suez Canal Authority announced on Tuesday. During a conference on Tuesday, Mohab Mamish - Chairman of the Suez Canal Authority and head of the executive council of the Suez Canal Corridor initiative – announced the consultancy was chosen out of 14 international firms that met the tender specifications for a massive economic development project in the Suez Canal region. Meanwhile, the Egyptian Exchange's indices were wavering in green notes during closing session of Tuesday. Indices Egypt’s benchmark index EGX30 ended 0.85 per cent higher to 9395.58 pts; while EGX20 finished 0.93 per cent up to 11255.02 pts.      In addition, the mid- and small-cap index, the EGX70 pushed up by 1.47 per cent to finish at 658.1 pts. The price index EGX100 climbed by 1.33 per cent to conclude at 1172.57 pts.   Furthermore, the market capitalization recorded EGP 519.823 billion on Tuesday. More»
Yomna Yasser - 2014-08-18 12:54:57
Egypt's stocks ended lower on Monday, encountering losses worth 3.1 billion Egyptian pounds driven by non-Arab foreign profit-takers. In return, the country's main stock index, EGX30 tumbled below 9320 points. Meanwhile, the Egyptian Exchange's indices were wavering in red notes during closing session of Monday. Indices Egypt’s benchmark index EGX30 ended 1.35 per cent lower to 9316.13 pts; while EGX20 finished 1.26 per cent down to 11151.62 pts.      In addition, the mid- and small-cap index, the EGX70 pushed down by 0.93 per cent to finish at 648.57 pts. The price index EGX100 fell by 0.80 per cent to conclude at 1157.13 pts.   Furthermore, the market capitalization recorded EGP 516.718 billion on Monday. More»
Ahmed El Demerdash - 2014-08-18 10:38:20
Egypt's financial investment firm Beltone Financial Holding plans to launch its first exchange-traded fund (ETF) in the local market by early fourth quarter of this year, managing director Maged Shawky announced. Shawky asserted that Beltone is still organising its promotional tours for its fund ahead of the launch. The market regulator – the Egyptian Financial Supervisory Authority (EFSA) has recently endorsed Beltone's prospectus for the first ETFs on the Egyptian Exchange (EGX). More»
Islam Salah - 2014-08-18 10:33:22
Egypt's market regulator, the Egyptian Financial Authority (EFSA) has finally endorsed the financial investment firm Beltone Financial Holding's prospectus for the first exchange-traded funds (ETFs) on local market. According to the top official EFSA Chairman Sherif Samy, ETFs enjoy relatively high liquidity as the fund contracts with the market maker(s) to provide liquidity on certificates and thus certificate holders will have two sources of liquidity. Last month, EFSA has licensed Beltone Financial Holding to undertake the ‘market maker’ activities, as per provisions of the capital market law and its executive bylaw.   Last March, EFSA has released rules to facilitate the creation of index and real estate funds as well as amendments to margin trading rules. Egypt's stock exchange has granted in April Beltone (BTFH.CA) the country's first licence for exchange traded funds (ETF). EGX signed an agreement to grant the first license to an Egyptian financial firm to use EGX30 to setup XT Misr ETF's, Beltone Financial wins the first license to start the ETF's in the Egyptian capital market. Beltone Financial was the first company to express interest in ETFs, which are listed investment funds, and is launching a fund called XT-Misr that mirrors the performance of the country's EGX 30 stock index. EGX issued its executive decision to start applying the regulations for both ETFs and market maker activity in the beginning of April 2014. More»
Yomna Yasser - 2014-08-18 08:35:25
Egypt's stocks opened lower on Monday incurring losses worth 1.6 billion Egyptian pounds driven by early profit-taking processes by local and non-Arab foreign investors. Consequently, the country's mains stock index, EGX30 kicked off trading below 9360 points. The Egyptian Exchange (EGX)'s indices were wavering in red notes during the opening session of Monday. Indices The Benchmark EGX30 inched down by 0.91% to 9358.21 p, and EGX20 tumbled by 0.96% to 1186.25 p. In addition, the mid- and small-cap index, the EGX70 fell by 0.26% to 652.97 p.  Price index EGX100 dropped by 0.40% to 1161.7 p. Furthermore, market capitalization reached EGP 518.124 billion, according to data compiled by Amwal Al Ghad English at 11:26 a.m. Cairo time (09:26 GMT). More»
Yomna Yasser - 2014-08-17 13:05:00
Egypt's stocks closed higher on Sunday with gains totalling 2.8 billion Egyptian pounds backed by foreign investors' strong buying appetite and with turnovers nearing one billion and half pounds. In addition, the country's main stock index, EGX30 closed above 9440 points. Meanwhile, the Egyptian Exchange's indices were wavering in green notes during closing session of Sunday. Indices Egypt’s benchmark index EGX30 ended 0.61 per cent higher to 9443.81 pts; while EGX20 finished 0.46 per cent up to 11294.12 pts.      In addition, the mid- and small-cap index, the EGX70 surged by 1.83 per cent to finish at 654.68 pts. The price index EGX100 inched up by 1.47 per cent to conclude at 1166.42 pts.   Furthermore, the market capitalization recorded EGP 519.780 billion on Sunday. More»
Yomna Yasser - 2014-08-17 10:33:47
Egypt's stocks climbed at midday session on Sunday with gains worth 3.4 billion Egyptian pounds backed by foreign investors' buying appetite. Accordingly, the country's stock index, EGX30 surged hovering around 9465 points level. Meanwhile, the EGX indices were wavering in green notes during the midday session of Sunday. Indices The Benchmark EGX30 hiked by 0.83% to 9464.25 p, and EGX20 grew by 0.77% to 11329.47 p. In addition, the mid- and small-cap index, the EGX70 pushed up by 1.88% to 655.02 p. Yet, the Price index EGX100 soared by 1.59% to 1167.81 p. Furthermore, market capitalization reached EGP 520.318 billion, according to data compiled by Amwal Al Ghad English at 13:21 p.m. Cairo time (11:21 GMT). More»