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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 - World

Amwal Al Ghad English - 2015-07-27 10:19:32
Greece's stock exchange will remain closed until the government issues a new decree on the bourse, the country's regulator announced in a statement Monday. The Greek stock exchange has been shut since June 29, when a cash-strapped Greek government imposed capital controls to ward off a collapse of its banking system after the country rejected a cash-for-reforms deal in a referendum. A spokesperson for the bourse earlier said the exchange would remain shut on Monday but may reopen Tuesday. More»
Amwal Al Ghad English - 2015-07-27 10:19:30
Chinese shares inched down more than 8 percent Monday amid renewed fears about the outlook for the world's No. 2 economy, reviving the specter of a full-blown market crash that prompted unprecedented government intervention earlier this month. Major indexes suffered their largest one-day drop since 2007, shattering a period of relative calm in China's volatile stock markets since Beijing unleashed a barrage of support measures to arrest a slump that began in mid-June. The CSI300 index .CSI300 of the largest listed companies in Shanghai and Shenzhen plunged 8.6 percent, to 3,818.73, while the Shanghai Composite Index .SSEC lost 8.5 percent, to 3,725.56 points. While the falls followed lackluster data on profit at Chinese industrial firms on Monday and a disappointing private factory sector survey on Friday, there was little to explain the scale of the sell-off. Some analysts said fears that China may hold off from further loosening of monetary policy had contributed to souring investor sentiment. "The recent rebound had been swift and strong, so there's need for a technical correction," said Yang Hai, strategist at Kaiyuan Securities. He said the trigger was "a sluggish U.S. market amid stronger expectations of a Fed rate rise in the fourth quarter. That, coupled with China's rising pork prices, fuels concerns that China would refrain from loosening monetary policies further." In late June and early July, Chinese authorities cut interest rates, suspended initial public offerings, relaxed margin-lending and collateral rules and enlisted brokerages to buy stocks, backed by central bank cash, to support share prices. The battery of stabilization measures followed a peak-to-trough slump of more than 30 percent in China's benchmark indexes, which had more than doubled over the preceding year. Chinese share markets had recovered around 15 percent since then, before Monday's renewed sell-off. Stocks fell across the board on Monday, with 2,247 companies falling, leaving only 77 gainers. Index heavyweights, including China Unicom (600050.SS), Bank of Communications (601328.SS) and PetroChina (600028.SS), slumped by their daily downward limit of 10 percent. More than 1,500 shares listed in Shanghai and Shenzhen dived by the daily limit. More»
Amwal Al Ghad English - 2015-07-25 09:20:05
The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector. Biogen (BIIB.O) more than halved its revenue growth forecast for 2015 and its stock lost 22 percent to close just above $300. Stocks in the energy and materials sectors weighed heavily on the market after weaker-than-expected economic data from China and the euro zone raised concerns about global growth. Oil prices hit their lowest since March. More»
Amwal Al Ghad English - 2015-07-23 09:43:50
A raft of forecast-beating corporate results kept European equities afloat on Thursday, shrugging off declines in Asia on the back of mixed regional data. There was also more reason for optimism on Greece, where Prime Minister Alexis Tsipras contained a rebellion in his left-wing Syriza party to win parliamentary approval for reforms required to start talks on a financial rescue deal. Peripheral bond yields fell and the German bund held steady, while the euro rose to hit $1.10 for the first time in more than a week. The dollar against a basket of six major currencies .DXY fell 0.6 percent. More»
Amwal Al Ghad English - 2015-07-23 08:49:18
Asian shares edged lower on Thursday as mixed regional data and overnight declines on Wall Street prompted investors to take profits, while the dollar held steady as expectations for a rise in U.S. interest rates were strengthened by buoyant home sales. Financial spreadbetters expected Britain's FTSE 100 .FTSE to open around 0.4 percent higher, Germany's DAX .GDAXI 0.3 percent higher, and France's CAC 40 .FCHI to open around 0.4 percent. South Korea's economy recorded its weakest expansion in six years in the second quarter, battered by a deadly virus outbreak and poor exports, while Japan reported strengthening export growth in June but concern remained over how shipments to China might be affected by its slowing economy. More»
Amwal Al Ghad English - 2015-07-22 08:58:00
Disappointment over U.S. corporate earnings, most notably at Apple Inc (AAPL.O), the world's largest company, pushed stocks lower on Wednesday and investors towards the shelter of bonds. Retrenchment and caution dominated trading in other assets, with the dollar slipping a little further from its recent highs and commodities such as gold and oil resuming their downturn. More»
Amwal Al Ghad English - 2015-07-22 07:24:08
Asian stocks skidded on Wednesday after weak earnings dragged down U.S. equities, while the dollar was trading just below highs hit earlier this week. S&P 500 mini futures ESc1 were down about 0.4 percent from late U.S. levels, after U.S. equities tumbled on weak earnings from bellwethers IBM (IBM) and United Technologies (UTX), while Apple Inc (AAPL.O) slumped in late trading after posting its results. Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 24 points or 0.4 percent lower; Germany's DAX .GDAXI to open 40 points or 0.3 percent lower; and France's CAC 40 .FCHI to open 11 to 13 points or as much as 0.3 percent lower on Wednesday. More»
Amwal Al Ghad English - 2015-07-21 08:35:54
Asian shares gained on Tuesday, taking heart from Nasdaq's fresh high, while gold prices took back some lost ground after plunging more than 4 percent to five-year lows in the previous session. Financial spreadbetters predicted Britain's FTSE 100 .FTSE to open about 12 points higher, or up 0.2 percent; Germany's DAX .GDAXI to gain 18 points, or 0.2 percent; and France's CAC 40 .FCHI to open flat. "European equities are set to drift higher tracking overnight gains in the U.S. and Asia," Jonathan Sudaria, a dealer at Capital Spreads, said in a note. More»
Amwal Al Ghad English - 2015-07-16 09:38:09
Stocks rose and euro zone bond yields fell on Thursday as investors welcomed Greek parliamentary approval of a bailout plan, while the dollar hit a six-week high after Federal Reserve Chair Janet Yellen reinforced expectations for a U.S. rate hike. Relief was the dominant sentiment across European markets, ahead of the European Central Bank's monthly policy meeting later in the day, as Greece's approval of the painful measures lessens the likelihood of Athens's immediate exit from the euro zone. More»
Amwal Al Ghad English - 2015-07-15 08:53:51
Yields on peripheral bonds dipped, while European stocks and the euro held their breath on Wednesday as fractious parties in the Greek parliament prepared to vote on EU-prescribed austerity measures needed to unlock a third bailout. Lawmakers from Prime Minister Alexis Tsipras' Syriza party and their allies argued behind closed doors about whether to back the reforms. Tsipras defended the deal, saying it was better than the alternative of being forced out of the euro zone. The parliamentary vote is seen as the key hurdle to a final agreement for the bailout, which could end -- at least temporarily -- months of increased uncertainty, volatility and frequent risk aversion in financial markets. More»