amwalalghad :: EGX

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        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        Canal Shipping Agencies   7.39        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        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 - EGX

Amwal Al Ghad English - 2018-04-26 12:21:37
The market capitalisation of shares listed on the Egyptian stock exchange hit at Thursday midday trade a record high of 1 trillion Egyptian pounds ($56.5 billion), the largest in its history. Traders said the market’s fundamentals looked much better on Thursday backed by the foreign investors’ buying appetite. Egypt plans to boost the value of the local bourse’s market capitalisation to reach 3 trillion pounds by 2021, Minister of Finance Amr al-Garhy announced earlier in January. More»
Mahmoud Shaaban - 2018-04-19 13:03:42
Egypt’s state-owned oil firm ENPPI will sell up to 15 percent of its shares in an initial public offering on the Cairo bourse, Oil Minister Tarek el-Molla said Tuesday. It will be Egypt’s first state-owned stock market listing in 13 years as part of the government’s programme to float stakes in dozens of state-owned companies. The government would retain majority stakes in these firms while helping via the IPOs to increase the size and liquidity of Egypt’s stock market. The last time state-owned companies were listed on the exchange was in 2005 when shares of Telecom Egypt, the state’s landline monopoly, and oil companies Sidi Kerir Petrochemicals and AMOC were floated. Engineering for the Petroleum and Process Industries, or commonly known as ENPPI, is a major engineering and EPC contractor. It provides full integrated engineering, procurement, construction supervision, and project management services for oil and gas, chemical, petrochemicals, power sectors and other related industries in Egypt, Middle East, North Africa, and South America. More»
Amwal Al Ghad English - 2018-04-01 09:18:02
The Egyptian Exchange (EGX) has hit record highs early Sunday on the back of the Central Bank of Egypt’s (CBE) decision of reducing interest rate. By 10:26 am Cairo time, the benchmark EGX30 index jumped 192.34 points, or 1.1%, to 17,642.5 points. Last Thursday, the CBE's Monetary Policy Committee (MPC) has decided to reduce interest rates by 100 basis points or 1%. The overnight deposit and lending rates stood at 16.75% and 17.75%, respectively, while the main open market rate was lowered to 17.25%. The EGX70 index edged up 0.67% to 876.84 points, while the EGX100 index levelled up 0.9% to 2,258 points. Likewise, the equal-weighted EGX50 index rose 1.51% to 3,031 points. Trading volume reached nearly 132.9 million shares exchanged at a turnover of EGP 226.3 million through 4,600 transactions. Foreign investors were net buyers with EGP 8.6 million, while Egyptian and Arab investors were net sellers with EGP 8.4 million and EGP 225,200, respectively. The heavyweight Commercial International Bank (CIB) inched down 0.01% to EGP 89. More»
Amwal Al Ghad English - 2018-03-31 07:19:08
The Egyptian Exchange (EGX) made new leaps during the first quarter of 2018. EGX30 gained 16.19% or 2,431.01 points and ended Q1 at 17450.15 points, with traded volumes reaching 15.5 billion shares with a total turnover of EGP 63.47 billion. The market capital rose by EGP 149.2 billion to EGP 974.17 billion. The small and medium-sized enterprise index EGX70 added 5.23% to close the quarter at 870.97 points, while the broader EGX100 went up by 13.52% to 2,238 points. Meanwhile, the equal-weighted index EGX50 increased by 16.26% and settled at 2,986 points. More»
Amwal Al Ghad English - 2018-03-27 09:02:40
The Egyptian Exchange (EGX) has seen an upward trend early Tuesday, the second day of Egypt’s presidential election. BY 10:26 am Cairo time, the benchmark EGX30 index edged up 122.09 points, or 0.71 percent, to 17,226 points. The EGX70 index inched up 0.17 percent to 871.96 points, while the EGX100 index added 0.44 percent to 2,238 points. The equal-weighted EGX50 index went up 0.77 percent to 2,902 points. Trading volume reached about 62.49 million shares exchanged at a turnover of 236.6 million pounds through 3,270 transactions. Egyptian investors were net buyers with 19.58 million pounds, while foreign and Arab investors were net sellers with 3.6 million pounds and 15.9 million pounds, respectively. The heavyweight Commercial International Bank levelled up 0.26 percent to 88 pounds with a turnover of 7.3 million pounds. More»
Amwal Al Ghad English - 2018-03-22 09:53:53
The Egyptian Exchange (EGX) opened Thursday’s trading session up on the back of local buying. By 10:20 am Cairo time, the benchmark EGX30 index edged up 23.28 points, or 0.14 percent, to 17,170.4 points. The EGX70 index added 0.13 percent to 883.02 points, while the EGX100 index remained stable at 2,261 points. The equal-weighted EGX50 index levelled up 0.41 percent to 2,901 points. Trading volume reached about 73.37 million shares exchanged through 2,120 transactions at a turnover of 158.45 million Egyptian pounds. Egyptian investors were net buyers with 13.14 million pounds, while foreign and Arab investors were net sellers with 10.17 million pounds and 2.9 million pounds, respectively. The heavyweight Commercial International Bank (CIB) shed 0.65 percent to 87 pounds with a turnover of 519,300 pounds. More»
Amwal Al Ghad English - 2018-03-19 12:02:08
Egypt will offer shares in four to six companies in 2018, seeking to gain from 12 to  15 billion Egyptian pounds ($680 million -$850 million), according to  Mohsen Adel, Vice Chairman of the Egyptian Exchange (EGX). The real estate sector will have two companies listed, while the customer services and Industry sectors will each have one company listed. This comes as part of the state's program to float some state-owned companies in the Egyptian Exchange under a five-year program announced in 2016 to attract investment and invigorate the stock market. on the other hand, The Ministry of Finance announced Sunday that the Egyptian government elected 23 state companies for the first phase of the state IPO program, with total shares value amounting to 80 billion Egyptian pounds. Market value of the soon-to-be-listed companies stands at 430 billion pounds, the statement said, adding that the government intends to float about 15-30 percent of the companies in the Egyptian Exchange (EGX). The program is expected to be implemented in a period that ranges between 24-30 months. More»
Islam Salah & Gehad Abdel Ghany - 2018-02-26 14:38:04
Egyptian investment bank HC Securities and Investment is in talks to advise on two initial public offerings (IPOs) on the local stock market. The two firms are operating in the pharmaceutical and packaging sectors, Mahmoud Selim, head of HC’s investment banking division, told Amwal Al Ghad on Monday. More»
Amwal Al Ghad English - 2018-02-26 14:07:29
Egypt’s Alexandria Mineral Oils Co. (AMOC) plans to seek a listing on the Nasdaq Dubai bourse, the company said on Monday. AMOC’s board of directors discussed listing some of the company’s shares on Nasdaq Dubai after the completion of issuing Global Depository Receipts (GDRs) in London Stock Exchange, the company said in a bourse filling. The Egyptian oil company announced last year plans to launch a secondary offering of 10-20 percent of its shares on the Cairo stock market and to issue 10 percent as global depositary receipts in London. The company first floated on the Cairo exchange in 2005 and around 20 percent of its shares are currently listed there. President Abdel Fattah al-Sisi’s office said in January that Egypt plans to list shares in state-owned banks and other companies on the stock market as part of moves aimed at jump-starting investment and boosting the economy. AMOC’s Chairman Amr Mostafa said during an interview with Reuters last year that his company would probably the first company listed as part of the government listings programme. AMOC’s biggest shareholder is state-run Alexandria Petroleum Co. with a 20 percent stake. Two other state oil companies each own 3.6 percent stakes and various banks and investment funds own 52 percent of the company. More»
Amwal Al Ghad English - 2018-02-07 07:13:08
Egypt's stocks closed in red on Tuesday following a sharp fall in the Dow Jones and the European stock market since Friday. The market capital lost 15 billion pounds, the worst since the start of this year, closing at 841.2 billion pounds. The main EGX30 securities index dropped by 1.63 percent to 14717.98 points, while the equally weighted EGX50 dropped by 2.37 percent, reaching 2597.22 points. The EGX20 capped index saw a decrease of 1.39 percent to 14417.29 points. The small and medium enterprises EGX70 dropped by 2.44 percent to 838.61. All-embracing EGX100 decreased by 1.99 percent, registering 2010.22 points. World stock markets continued a steep decline for a fourth day running on Tuesday, seeing higher interest rates and overcooked valuations wipe $4 trillion off what just eight days ago had been record highs. Europe's main bourses were down around 2.5 percent, and Wall Street futures also pointed to more losses as "fear gauges" of market volatility leapt to their highest level since a surprise devaluation of China's currency in 2015. The Dow's plunge on Monday set off global shock waves. Japan's Nikkei 225 fell 4.73 percent on Tuesday and China's Shanghai SE Composite Index was down 3.35 percent. In the biggest global sell-off since 2016, financial markets from Asia to Europe to the United States were rocked primarily by concerns about inflation. More»