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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        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        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 - World

Amwal Al Ghad English - 2014-10-25 07:38:00
Global equity markets rose on Friday after strong corporate results from Microsoft and Procter & Gamble and reduced concerns over the possible spread of Ebola boosted U.S. shares and kept safe-haven U.S. Treasuries prices stable. MSCI's all-country world equity index rose 3.1 percent for the week, marking its biggest weekly percentage gain since July 2013, while the benchmark U.S. S&P 500 was up 5.5 percent from its low on Oct. 15 and notched its best weekly gain in almost two years. Solid U.S. corporate results bolstered shares over the week. News late on Thursday of the first person to test positive for Ebola in New York City weighed on European shares, and while the scare initially held back buying in the United States, U.S. investors later shook off those concerns."Ebola is something you want to keep an eye on, but the probability of widespread infection is pretty small, and I think that's what the market believes," said Scott Wren, senior equity strategist at Wells Fargo Advisors in St. Louis. "Stocks were oversold. Investors were over-worried about global growth, they were over-worried about Ebola," he added on reasons for the stock market rally over the week. More»
Amwal Al Ghad English - 2014-10-23 08:13:42
Asian shares sagged on Thursday after a retreat on Wall Street and falling crude oil prices rekindled investor anxiety over slowing global growth, while a mixed picture on Chinese manufacturing failed to impress markets. Japan's Nikkei share average fell 0.4 percent while MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.3 percent. European shares look set to slide, with spreadbetters expecting France's CAC 40 to fall as much as 0.8 percent, Germany's DAX 0.7 percent and Britain's 0.6 percent. Turbulence has gripped global markets in recent weeks on anxiety about slowing world growth. In particular, investors have been rattled by the threat of recession in Europe and the Chinese economy cooling to its weakest in over five years in the third quarter. The latest manufacturing read on China did little to allay those concerns. The flash HSBC/Markit manufacturing purchasing managers' index (PMI) edged up to 50.4 from a final reading of 50.2 in September, just a hair's breadth from the 50.3 reading forecast by analysts. But the level of output in factories fell to a five-month low of 50.7, just above the 50-point level that separates growth from contraction on a monthly basis, pointing to a still-shaky economy. More»
Amwal Al Ghad English - 2014-10-22 08:25:26
Asian shares rose on Wednesday as upbeat results from two U.S. technology bellwethers and hopes of fresh stimulus from the European Central Bank offset concerns about the outlook for the global economy. Financial spreadbetters predicted European bourses would follow Asia higher, with Britain's FTSE 100 .FTSE seen opening up 23 points, or 0.4 percent, Germany's DAX .GDAXI 60 points, or 0.7 percent, and France's CAC 40 .FCHI 21 points, or 0.5 percent. "Ahead of the European open, we are eyeing further gains yet again, with limited releases on the calendar to work from," IG market strategist Stan Shamu wrote in a note. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 1 percent to a nearly two-week high, while Japan's Nikkei stock average .N225 ended 2.6 percent higher, clawing back ground lost in Tuesday's 2 percent drop. Sentiment also got a lift from a Reuters report that the ECB is considering buying corporate bonds, a step that would help banks free up more of their balance sheets for lending. The ECB might decide on the matter as soon as December with a view to begin purchases early next year, several sources familiar with the situation said. More»
Amwal Al Ghad English - 2014-10-21 08:32:10
Asian shares languished after giving up small gains on Tuesday, as modest relief on data showing the Chinese economy grew slightly more than expected was replaced by lingering concerns of weakening momentum in the world's second-biggest economy. European shares might fare better at the open, with financial spreadbetters predicting Britain's FTSE 100 would open up 0.1 percent, while Germany's DAX and France's CAC 40 were each seen up 0.2 percent. "Today's session in Europe was set to take a fairly strong lead from the U.S., and open significantly higher this morning, but Chinese Q3 GDP data appears to have taken some of the edge off," Michael Hewson, chief market analyst at CMC Markets, wrote in a note to clients. China's gross national product expanded 7.3 percent between July and September from a year earlier, slightly above expectations but slower than the 7.5 percent clocked in the second quarter. More»
Amwal Al Ghad English - 2014-10-20 07:36:37
Japanese stocks led a rally in Asia on Monday, after solid U.S. data and earnings calmed tumult in global financial markets and reassured investors worried about the health of the world economy. The Thomson Reuters/University of Michigan index of consumer sentiment was surprisingly strong in early October, rising to more than a seven-year high. Other data also showed new housing starts rose more than expected last month, suggesting U.S. economic growth was solid. The upbeat U.S. data has brought some calm to markets after a week of turbulence as signs of softening global growth roiled investors and sent volatility spiking. MSCI's broadest index of Asia-Pacific shares outside Japan surged 1.3 percent, while Japan's Nikkei stock average jumped about 3.7 percent, posting its biggest daily rise since June last year and retaking some of the 5 percent it shed in the previous week. European markets were expected to open higher too, with financial spreadbetters predicting Britain's FTSE 100 and Germany's DAX to each open up 0.4 percent, and France's CAC 40 to open flat. More»
Amwal Al Ghad - 2014-10-18 07:21:14
World equity markets rallied, with European stocks surging the most in more than two years, and bond prices slid on Friday as investors poured back into beaten-down markets on solid U.S. corporate earnings and rising consumer sentiment. Wall Street followed Europe's lead, with all major stock indexes climbing more than 1 percent after earnings reports eased concerns about the impact of weak global demand on U.S. growth and businesses. Expectations among some investors that the European Central Bank will increase stimulus also buoyed sentiment.   Results at General Electric (GE.N), Honeywell International Inc (HON.N) and Morgan Stanley (MS.N) topped expectations. GE rose 2.4 percent, Honeywell gained 4.2 percent and Morgan Stanley advanced 2.1 percent. With 81 companies in the S&P 500 already reporting third-quarter results, 64.2 percent have beaten expectations, a rate slightly below the average over the past four quarters but better than the past 20 years. U.S. housing starts and permits rose in September, a sign the market's modest recovery is supporting a growing economy, while U.S. consumer sentiment rose in October to the highest in more than seven years. More»
Amwal Al Ghad English - 2014-10-16 07:24:41
Asian shares were off session lows but still nursed losses amid a sell-off in global equities on Thursday, as heightened concerns about world economic growth pressured U.S. Treasury yields and curtailed the dollar's recent rally. European trading was seen starting on a modestly stronger footing after the FTSEurofirst 300 .FTEU3 shed 3.2 percent to mark its biggest one-day slide in almost four years. "Ahead of European trade, we are calling the major bourses mildly firmer with a bit of a recovery after yesterday's sharp sell-off," IG market strategist Stan Shamu wrote in a note. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down about 0.3 percent in late afternoon trade. Shanghai shares .SSEC bucked the downtrend and added 0.1 percent after Chinese bank lending data provided a regional bright spot. Lending beat expectations last month, a sign that demand for credit may be picking up, though a drop in China's foreign exchange reserves in the third quarter suggested ominous speculative money outflows. More»
Amwal Al Ghad English - 2014-10-15 08:05:32
Asian stocks regained a semblance of stability on Wednesday following days of steep losses, but sentiment remained fragile as benign Chinese inflation data and gloom in the euro zone economy added to signs of a faltering global economic recovery. In a reflection of the cautious mood, spreadbetters saw a lower open for Europe, forecasting Britain's FTSE .FTSE to start as much as 0.2 percent lower, Germany's DAX .GDAXI down 0.17 percent and France's CAX .FCHI 0.4 percent lower. "Against a backdrop of deteriorating economic data it will remain difficult for stocks to rally meaningfully, unless earnings and guidance expectations come in above consensus, not only in the U.S., but also in Europe as well," Michael Hewson, chief market analyst at CMC Markets, wrote in a note to clients. The dollar steadied after disappointing data out of Germany and Britain checked the euro's recent bounce. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS managed to put on 0.27 percent, pulling away from seven-month lows hit at the start of the week. Tokyo's Nikkei .N225 climbed 0.6 percent, poised to end a five-day losing streak that drove it to a two-month trough on Tuesday. "For now the market has calmed and there's some short relief. It's a natural rebound," said Takashi Hiroki, chief strategist at Monex in Tokyo. More»
Amwal Al Ghad English - 2014-10-14 07:18:55
Japanese stocks skidded to two-month lows on Tuesday as heightened concerns about the health of the world economy unnerved investors, triggering a shift in funds to safe havens such as U.S. bonds. Japan's Nikkei share average .N225 fell 2.4 percent, hitting levels last seen in mid-August, while rising bond prices drove the 10-year U.S. debt yield to a 16-month low of 2.238 percent US10YT=RR, both in the week's first trade following a market holiday on Monday. European shares look set to follow suit, with Germany's DAX .GDAX and France's CAC 40, both already at this year's low, seen falling as much as 0.5 percent. Britain's FTSE .FTSE is expected to fall 0.4 percent .FTSE. Asian shares had better luck, as MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS managed to nudge up 0.6 percent thanks to bargain-hunting though the rise came only after a fall of more than 10 percent since early September. "There are downside risks to the global economy on the whole. And the G20 meeting last weekend showed there is no panacea to lift the economy," said Hirokazu Kabeya, senior strategist at Daiwa Securities. More»
Amwal Al Ghad English - 2014-10-09 07:25:04
Asian shares surged and the dollar skidded on Thursday after minutes of the U.S. Federal Reserve's latest policy meeting showed concerns about downside risks of a stronger dollar and the global economy. European shares were expected to take their cues from the gains, with financial spreadbetters predicting Britain's FTSE 100 .FTSE to open 67 to 70 points higher, or as much as 1.1 percent; Germany's DAX .GDAXI to rise 126 to 131 points, or as much as 1.5 percent; and France's CAC 40 .FCHI to gain 60 to 62 points, or as much as 1.5 percent. "We are calling the major bourses firmer as investors react to the rally through U.S. and Asian trade," IG market strategist Stan Shamu wrote in a note. "Key markets such as the DAX have tested some significant support levels recently and it seems this rally has arrived just in time to relieve the stress," he said. But gains could be tempered after data released on Thursday underscored weakness in Europe's largest economy. German exports slumped by 5.8 percent in August, their biggest fall since the height of the global financial crisis in January 2009. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS, which in the previous session, touched its lowest level since March, was up about 1.2 percent in late afternoon trade. But Japan's Nikkei share average .N225 skidded 0.8 percent as the dollar sank against Japan's currency. More»