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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        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        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        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        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        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 - World

Amwal Al Ghad English - 2013-11-01 09:36:43
Asian shares struggled on Friday, as surveys showing improvement in Chinese manufacturing activity were eclipsed by anxiety over when the U.S. Federal Reserve will start to taper its massive stimulus.That uncertainty, heightened by upbeat U.S. data overnight, pushed the dollar to a two-week high and contributed to largely cautious trading in riskier assets. Europe looks set for a subdued start. Financial spreadbetters predicted mixed performances, with Britain's FTSE 100 .FTSE seen opening much as 0.1 percent higher; Germany's DAX .GDAXI and France's CAC 40 .FCHI are predicted to drop as much as 0.2 percent. Reassuring signals on China's factory activity offered some support to Asian shares. China's manufacturing sector grew at the fastest pace in 18 months in October, with the official Purchasing Managers' Index (PMI) rising to 51.4 last month from September's 51.1, beating economists' consensus forecast of 51.2. More»
Amwal Al Ghad English - 2013-10-31 06:29:50
Asian markets suffered a glancing blow on Thursday after the U.S. Federal Reserve's latest policy outlook was deemed less dovish than some had wagered on, lifting both bond yields and the dollar. The damage was mostly superficial with MSCI's index of Asia-Pacific shares outside Japan .MIAPJ0000PUS off just 0.3 percent. Shares in Shanghai lost 0.7 percent .AXJO while Japan's Nikkei .N225 eased 0.4 percent. Helping sentiment was the Bank of Japan's decision to stick with its massive stimulus program that has shown tentative signs of breaking the grip of deflation. There was also upbeat news from Australia where approvals to build new homes surged to their highest since early 2010, concrete evidence that record-low interest rates were working to support economic growth. More»
Amwal Al Ghad English - 2013-10-30 09:36:23
Prime Minister David Cameron made a bid to position London as a leading hub for Islamic finance onTuesday, announcing plans for Britain to become the first Western country to issue a sovereign sukuk, or Islamic bond. The planned 200 million pound ($323 million) issue, expected next year, would be much smaller than an originally planned sukuk but would provide a much-needed liquidity management tool for Britain’s six Islamic lenders and could encourage local firms to consider issuing sukuk of their own. Britain’s push to promote itself as a leading Islamic finance hub comes as competition heats up with other financial centres in Asia, led by Malaysia, and in the Middle East. Britain first announced plans for a sovereign sukuk five years ago but that issue never materialised as the country’s Debt Management Office decided the structure was too expensive. More»
Amwal Al Ghad English - 2013-10-30 07:49:16
Asian share markets took heart from record highs in U.S. stocks on Wednesday as investors wagered the Federal Reserve would rock no boats at its policy meeting and leave stimulus in place for the next few months at least. Japan's Nikkei .N225 led the way with a gain of 1.2 percent, while Australian shares .AXJO added 0.3 percent and Shanghai stocks .SSEC 1 percent. MSCI's index of Asia-Pacific shares outside Japan .MIAPJ0000PUS crept up 0.5 percent. European shares were expected to edge higher, too. Capital Spreads predicted Britain's FTSE 100 .FTSE to open 13 points or 0.2 percent higher, Germany's DAX .GDAXI to gain 0.04 percent and France's CAC 40 .FCHI to open flat. A mixed bag of economic data caused few frowns since it merely reinforced expectations the Fed will maintain the status quo when its two-day policy meeting ends on Wednesday. More»
Amwal Al Ghad English - 2013-10-29 07:42:58
Asian shares withered and the dollar lurked just above its recent lows on Tuesday, as investors awaited confirmation the U.S. Federal Reserve will stay the course with stimulus at its policy meeting this week. European markets were tipped to open not far from their previous closes, with financial spreadbetters predicting Britain's FTSE 100 .FTSE to open down about 0.3 percent; Germany's DAX .GDAXI, which touched a fresh record high of 9,017.95 points on Monday, to open down about 0.1 percent; and France's CAC 40 .FCHI to open steady to slightly higher. Australian shares .AXJO ended down 0.5 percent after surging 1 percent on Monday to a new five-year high, while MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down about 0.3 percent in late trade. Japan's Nikkei stock average .N225 gave up 0.5 percent, but ended off its session lows. More»
Amwal Al Ghad English - 2013-10-28 08:22:41
Asian stocks rose on Monday with Australia scaling a five-year peak after a record high finish on Wall Street helped offset worries about tighter credit in China, while investors gave the safe-haven yen a wide berth. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.8 percent, recovering a chunk of last week's 1.1 percent loss -- the biggest in two months -- that was driven by concerns that China may tighten monetary policy to keep prices under control. European shares were seen opening higher with financial spreadbetters expecting gains of around 0.3-0.5 percent for Germany's DAX .GDAXI, France's CAC 40 .FCHI and Britain's FTSE 100 .FTSE. "Yet more gains in the U.S. on Friday and a positive handover from Asia are set to fuel the bulls on the European open," Jonathan Sudaria, trader at London Capital Group, said in a trading note. Japan's Nikkei .N225 climbed 2.2 percent, clawing back most of Friday's 2.7 percent drop, while Australian shares .AXJO put on 1.0 percent to end at a five-year high. More»
Amwal Al Ghad English - 2013-10-25 10:17:50
European stocks were little changed, with the Stoxx Europe 600 Index heading for a weekly advance, as companies from Kering SA to Renault (RNO) SA reported quarterly sales that missed projections, offsetting gains in BASF SE. U.S. index futures were little changed, while Asian shares fell. Kering slid 2.1 percent after its Gucci brand posted the worst sales growth in four years as demand waned in China. Renault slipped 2.7 percent after the French carmaker said weaker currencies in emerging markets cut third-quarter revenue. Volvo AB declined 7.1 percent as the Swedish truckmaker said the strength of the krona and new-vehicle investments ate into profit. Schneider Electric SA fell 3.7 percent after cutting its 2013 targets because of the euro’s rally. BASF rose 1.6 percent after posting better-than-forecast earnings. The Stoxx 600 decreased 0.1 percent to 320.23 at 10:58 a.m. in London. The gauge has still climbed 0.6 percent this week as companies from Daimler AG to Royal Philips NV posted results that beat analysts’ estimates. Standard & Poor’s 500 Index futures fell 0.1 percent today, while the MSCI Asia Pacific Index lost 1 percent. More»
Amwal Al Ghad English - 2013-10-25 09:07:40
A stronger yen depressed Japanese stocks on Friday, while the dollar was hemmed in near a two-year low against the euro by expectations the U.S. Federal Reserve will continue its monetary stimulus well into 2014. Those expectations were tempered, however, by continued worries over tighter cash markets in China, leading to a lopsided and selective rally in Asian markets. The Nikkei share average's .N225 2 percent drop was also set to pressure European markets on Friday, financial bookmakers predicted. Financial spreadbetters were forecasting falls in Germany and France as the region's equity indexes pause for breath after hitting fresh highs this week. They expected Britain's FTSE 100 .FTSE to open almost unchanged but Germany's DAX .GDAXI was seen opening down by as much as 0.3 percent while France's CAC 40 .FCHI was seen falling 0.4 percent. In Asia, the Indonesian rupiah rallied nearly 2 percent against the weak dollar, but the Aussie was on the back foot. Aussie shares .AXJO rose 0.3 percent, ending near the 5-year high of 5,402.4 hit earlier in the week. More»
Amwal Al Ghad English - 2013-10-24 07:02:46
Chinese shares slipped in volatile trade on Thursday as a further spike in China's money-market rates tempered the effect of a survey showing a pick-up in manufacturing. China's benchmark seven-day repo rates opened up nearly a full percentage point at 5 percent after the central bank let cash drain from the money market for a second week. The Chinese central bank declined to inject cash for a third day as regulators showed signs of concern that loose liquidity might again be fuelling risky credit growth. Australian shares .AXJO advanced 0.3 percent and the Australian dollar rose 0.3 percent to $0.9650 on the day. China is Australia's biggest export market. China's CSI300 .CSI300 index dipped 0.2 percent in choppy trade after sliding 2.1 percent in the previous two sessions, and Hong Kong's Hang Seng Index .HSI dropped 0.7 percent. Japan's Nikkei share average .N225 eased 0.4 percent in relatively light trade, also hurt by a firmer yen against the dollar. More»
Amwal Al Ghad English - 2013-10-23 07:50:52
European stock markets opened broadly lower on Wednesday, with the benchmark index retreating after the longest winning streak in more than three years as investors digested another round of quarterly earnings. The Stoxx Europe 600 index lost 0.5% to 319.31, after closing at the highest level since 2008 on Tuesday. Shares of STMicroelectronics NV slid 5.4% after the chip maker reported a loss in the third quarter. Shares of Peugeot SA added 2.6% after the auto maker reaffirmed its full-year financial guidance. Among country-specific indexes, Germany’s DAX 30 index dropped 0.4% to 8,911.85, pulling back from an all-time closing high. France’s CAC 40 index lost 0.7% to 4,267.37, while the U.K.’s FTSE 100 index gave up 0.4% to 6,666.28. More»