amwalalghad :: EGX

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        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        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        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        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        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        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        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        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 - 2015-07-08 09:15:47
UAE Emaar’s Egyptian unit, Emaar Misr for Development, which started trading Sunday, offered to buy back 90 million shares through a fund after the stock plummeted on its second trading day, according to the state-run MENA news agency. Mena reported the planned purchase without identifying the fund or the stock exchange official it cited. The shares were suspended from trading for about 30 minutes after plunging 14 per cent. Emaar Misr closed down 9.9 per cent on Monday at 3.55 Egyptian pounds (Dh1.67) a share in Cairo. “This process takes place through the stabilisation fund. It happens in all IPOs,” said Ahmed El Guindy, the head of investment banking at EFG-Hermes, which was a bookrunner for the IPO. Wafik Dawood, a portfolio manager at Compass Capital, described the buy-back as an “automatic process” that aims at ensuring share price stability. Emaar Misr, Egypt’s second-largest publicly traded real estate developer, has declined 6.6 per cent since its debut after raising 2.28 billion pounds in the country’s biggest initial public offering this year. The company is a unit of Emaar Properties, Dubai’s biggest real estate developer. Emaar’s public relations department did not immediately respond to emailed questions. Emaar Misr for Development, which started trading on Sunday, offered to buy back 90 million shares through a fund after the stock plummeted on its second trading day, according to the state-run Mena news agency. Mena reported the planned purchase without identifying the fund or the stock exchange official it cited. The shares were suspended from trading for about 30 minutes after plunging 14 per cent. Emaar Misr closed down 9.9 per cent on Monday at 3.55 Egyptian pounds (Dh1.67) a share in Cairo. “This process takes place through the stabilisation fund. It happens in all IPOs,” said Ahmed El Guindy, the head of investment banking at EFG-Hermes, which was a bookrunner for the IPO. Wafik Dawood, a portfolio manager at Compass Capital, described the buy-back as an “automatic process” that aims at ensuring share price stability. Emaar Misr, Egypt’s second-largest publicly traded real estate developer, has declined 6.6 per cent since its debut after raising 2.28 billion pounds in the country’s biggest initial public offering this year. The company is a unit of Emaar Properties, Dubai’s biggest real estate developer. Emaar’s public relations department did not immediately respond to emailed questions. More»
Yomna Yasser - 2015-07-07 13:49:41
Egypt's stocks incurred Tuesday losses totalling 4,8 billion Egyptian pounds (US$613 million) on non-Arab foreign selloffs. The market capitalization has reached 479,301 billion pounds during the closing session of Tuesday. Indices The benchmark index, EGX30, further pushed lower 1.50 percent to 7752.94 points. EGX20 sank 2.19 percent to 7821.46 points. In addition, the mid- and small-cap index EGX70 dropped 1.40 percent to 419.06 points. The price index, EGX100 fell 1.54 percent to 888.62 points. More»
Amwal Al Ghad English - 2015-07-07 09:17:03
Emaar Misr’s shares were traded at EGP 3.71 per share, lower than the price of their initial public offering (IPO), on the second day of Egyptian Stock Exchange (EGX) trading. Trading on the construction company declined at the end of trade on Sunday, giving up its gains in the morning session to fall by 2.4% to EGP 3.71 per share. More»
Yomna Yaser and Noha Gad - 2015-07-06 13:17:44
Egypt's stock market edged lower Monday with losses worth 11.9 billion Egyptian pounds (US$ 1.5 billion) on foreign selling pressures. The main stock index, EGX30, sank 4.23 percent to 7870.7 points, marking its lowest levels in 15 months, The market capitalization has recorded 484.187 billion pounds during the closing session of Monday. More»
Yomna Yasser - 2015-07-05 13:09:08
Halting its seven-week fall, stock market gained Sunday 12,15 billion Egyptian pounds (US$1,5 billion) triggered by Emaar Misr that debuted today. The market capitalisation has recorded 496,131 billion pounds during the closing session of Sunday. Shares in Emaar Misr, the Egyptian arm of UAE real estate developer Emaar Properties, climbed 3.94 Egyptian pounds (US$0.51) on its market debut at early trade. The developer set the initial public offering (IPO) price at 3.80 Egyptian pounds, with its second tranche oversubscribed by about 36 times. Indices The benchmark index, EGX30 pushed lower 1.16 percent to 8218.25 points. EGX20 also tumbled 0.95 percent to 8382.5 points. Meanwhile, the mid- and small-cap index EGX70 dropped 0.85 percent to 438.1 points. The price index, EGX100 slipped 0.84 percent to 928.68 points. Turnovers On Sunday, the bourse’s trading volume has reached 227,434 million securities, with turnovers closed at 722,760 million pounds exchanged through 19,873 thousand transactions. Also during the closing session, 152 listed securities have been traded in; 84 declined, 32 advanced; while 34 kept their previous levels. More»
Amwal Al Ghad English - 2015-07-04 11:14:50
Listing Emaar Misr on Cairo bourse is to add up to 17,5 billion Egyptian pounds (US$2,26 million) the market capitalisation, bourse chief Mohamed Omran said Thursday. Emaar Misr, the Egyptian unit of the UAE’s biggest property developer Emaar Properties, will list on the Egyptian Exchange (EGX) tomorrow, July 5. The company has sold shares to the public in the largest IPO in Egypt since 2007. Emaar’s stock will debut on the Egyptian Exchange under the ticker “EMFD.CA” starting 2 July. The initial public offering for its Egyptian unit attracted more than 11 times the number of shares available for institutional buyers amid booming appetite for investing in the Arab world’s most populous nation. The tranche offered to Egyptian investors was oversubscribed 36 times. In all, the company sold 600 million shares, or a 13 per cent stake, at 3.8 Egyptian pounds per share, valuing the whole company at 17.6 billion pounds. More»
Yomna Yasser - 2015-07-02 13:03:45
Stock market tumbled Thursday after Islamic-state affiliated militant group killed dozens of security personnel in Sinai a day earlier. The market incurred losses worth 1,2 billion Egyptian pounds (US$155,25 million) as local sellers weigh on. Stocks resumed trading after a two-day public holiday to mark the second anniversary of president Mohamed Morsi’s ouster and the end of Egypt’s fiscal year. More than 60 security personnel and six civilians were killed Wednesday by assailants using rockets and car bombs mostly in or around the town of Sheikh Zuwayid, according to the security directorate in north Sinai, which borders Israel and the Gaza Strip. The armed forces said 17 troops were killed, and it has regained control and killed at least 100 militants. Indices The benchmark index, EGX30 dropped 0.68 percent to 8314.72 points. EGX20 also fell 0.95 percent to 8462.58 points. Meanwhile, the mid- and small-cap index EGX70 went down 0.55 percent to 442.26 points. The price index, EGX100 plummeted 0.56 percent to 936.54 points. The market capitalisation has recorded 483,980 billion pounds during the closing session of Thursday. Turnovers On Thursday, the bourse’s trading volume has reached 175,171 million securities, with turnovers closed at 1,732 billion pounds exchanged through 14,295 thousand transactions. Also during the closing session, 172 listed securities have been traded in; 88 declined, 34 advanced; while 37 kept their previous levels. More»
Noha Gad - 2015-06-30 13:30:57
Egyptian banks and stock markets are closed for two days; Monday June 30 and July 1 due to the beginning of the new fiscal year 2015-16 and celebrating the second anniversary of 30th of June revolution. More»
Amwal Al Ghad English - 2015-06-30 12:45:00
Emaar Misr, the Egyptian arm of Dubai real estate developer Emaar Properties, said on Tuesday that it expects to obtain approval to list its shares later this week. More»
Amwal Al Ghad English - 2015-06-30 08:50:24
The Egyptian Financial Supervisory Authority (EFSA) has approved the Egyptian Stock Exchange’s (EGX) request to provide the return value of global depositary receipts (GDRs) in Egyptian pounds instead of dollars. More»