amwalalghad :: EGX

Your English Portal To Arab Economy

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        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        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 - 2017-01-22 14:34:24
Egyptian stock market started the week lower with losses estimated at 795 million Egyptian pounds on local selling pressures. The market capitalisation recorded 611.726 billion pounds during the closing session of Sunday. More»
Amwal Al Ghad English - 2017-01-22 08:25:07
“The market corrects itself by itself”—a repeated argument between traders in the Egyptian Exchange (EGX) which is experiencing a difficult time. The argument aims to stress the importance of making a breakthrough in the dark tunnel that had been dominating the market over the past five years. The EGX has already responded to the correction movement after the Egyptian pound’s flotation and registered new high records approaching 13,000 points. This new, open horizon for new initial public offerings (IPO) in the EGX reminds of the activity of IPOs between 2005 and 2008, thanks to market recovery. But this time, the recovery of the EGX is accompanied by exceptional economic challenges that create difficulties for IPOs in 2017. Executive managers at securities brokerage firms specified four major challenges facing the anticipated boom in the activity of IPOs during 2017. The four challenges are related to IPOs coverage opportunities. More»
Sayed Badr - 2017-01-19 14:43:26
Egyptian government is to reinstate the temporarily suspended capital gains tax for companies listed in the local stock market by May this year, an IMF staff report on Egyptian loan agreement revealed Wednesday. The International Monetary Fund’s (IMF) staff report released Wednesday revealed and documents related to Egypt’s three-year $12 billion loan agreement. The agreement revealed that Egypt had committed to imposing either a capital gains tax or a stamp duty on stock market transactions by the financial year 2017/18. Egypt had previously announced plans to impose a capital gains tax in 2014 but delayed those plans following criticism.Later, two sources in Egyptian Ministry of Finance told Reuters on Thursday that the country is considering temporarily reintroducing a stamp duty on stock market transactions after the tax was frozen in 2014. More»
Amwal Al Ghad English - 2017-01-19 14:39:49
Egyptian stock market ended the week with the heaviest losses since the beginning of 2017 after the International Monetary Fund released the details of its $12 billion saying that the government might reintroducing a stamp duty on stock market transactions temporarily. The market capitalisation plummeted Thursday to 612.521 billion pounds from 631.870 billion pounds in Wednesday, registering losses estimated at 19.3 billion pounds. More»
Amwal Al Ghad English - 2017-01-19 09:21:41
Egypt is considering temporarily reintroducing a stamp duty on stock market transactions after the tax was frozen in 2014, two finance ministry sources told Reuters on Thursday. The comments come a day after the International Monetary Fund released the details of its $12 billion, three-year agreement to support a wide-ranging programme to reform Egypt's ailing economy and restore financial stability. The agreement revealed that Egypt had committed to imposing either a capital gains tax or a stamp duty on stock market transactions by the 2017/18 fiscal year. Egypt had previously announced plans to impose a capital gains tax but delayed those plans following criticism. "We are studying temporarily re-imposing a stamp duty on stock market transactions pending the return to a capital gains tax, which has been postponed since May 2015," one of the sources said, speaking on condition of anonymity. More»
Amwal Al Ghad English - 2017-01-18 14:24:21
Cairo bourse edged lower on Wednesday incurring losses estimated at 5.9 billion Egyptian pounds on local and Arab selling pressures. The market capitalisation reached 631.870 billion pounds during the closing session of Wednesday. More»
Amwal Al Ghad English - 2017-01-17 15:24:11
Egypt’s stock market ended higher on Tuesday backed by foreign investors’ buying appetite. Main index, EGX 30 climbed 1.29 percent, to 13436.1 points. Other indices; EGX50 EWI index rose 1.09 percent, to 2091.49 points; EGX20 went up 1.08 percent, to 13380.64 points. Mid- and small-cap index EGX70 hiked 0.88 percent, to 481.55 points. Price index, EGX100 also added 0.94 percent, to 1169.56 points. More»
Amwal Al Ghad English - 2017-01-16 14:39:38
Egyptian stock market edged lower on Monday with slight losses estimated at 3 million Egyptian pounds. The market capitalisation reached 632.893 billion pounds during the closing session of Monday. More»
Amwal Al Ghad English - 2017-01-15 15:02:54
Egyptian stock market started the week in green notes with gains estimated at 3.2 billion Egyptian pounds (US$170.8 million) on Arab and Non-Arab buying appetite. The market capitalisation recorded 632.896 billion pounds during the closing session of Sunday. More»
Amwal Al Ghad English - 2017-01-12 14:38:13
Egyptian stock market concluded the week with gains estimated at 7.5 billion Egyptian pounds (US$401 million) on foreign buying appetite. The market capitalisation reached 629.669 billion pounds during the closing session of Thursday. More»