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        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 - EGX

Gehad Abdelghany, Islam Salah - 2017-12-26 13:17:17
Egypt’s investment minister Sahar Nasr has mentioned that the Parliament would discuss amendments of the  capital market law within days. During EGX annual conference of 2017, Nasr added that the law amendments occupies a priority on the parliament economic agenda within the government attempt to bring the law into effect by the beginning of 2018. More»
Gehad Abdelghany, Islam Salah - 2017-12-26 12:35:45
The Egyptian bourse has succeeded in attracting 1,150 Foreign institutions and funds during 2017 compared to 900 in 2016 with growth rate of 26 percent according to EGX chairman Mohamed Farid. Moreover, The Egyptian Exchange (EGX) attracted new 22,000 investors in 2017, up from 16,000 investors in 2016. The trading value surpassed 292 billion Egyptian Pounds, which is the highest value since 2009. During EGX annual conference of 2017, Farid attributed the foreign investments to the road-shows that the EGX conducted in 2017 in stock markets of New York and London. More»
Gehad Abdelghany, Islam Salah - 2017-12-26 11:31:37
The net purchases of foreign investors in the Egyptian Exchange (EGX) stands at 13 billion Egyptian billion pounds since the liberalization of exchange rate,  EGX chairman Mohamed Farid said Tuesday. During EGX annual conference of 2017, Farid said that the net buying level increased to hit  7.4 billion Egyptian pounds during 2017 supported by Egypt's economic reform program. He also noted that the average daily trading has increased by 41 percent  recording 1,046 billion pounds in 2017 compared to 721 million in 2016. More»
Islam Salah - 2017-12-23 12:42:56
Egypt’s stock market ended in the red notes on Thursday, posting big weekly declines. Indices: Benchmark EGX 30 EGX 30 fell 0.09 percent to close the last day of trading this week at 14,669 points. For the week, the main gauge booked a loss of 0.08 percent. The mid- and small-cap index, EGX 70 climbed 2.57 percent in a week closing at 825 points during Thursday’s session. Price index, EGX 100 also made a weekly increase of 2.16 percent closing at 1,944 points. More»
Amwal Al Ghad English - 2017-12-18 09:11:15
Pioneers Holding, one of Egypt’s largest financial services firms, will list 40 percent of its Rooya Real Estate shares on the Egyptian stock market in the first half of 2018, chief executive Walid Zaki told Reuters Sunday. Egypt’s Pioneers Holding Company for Financial Investments bought 60 percent of Rooya Real Estate Investment Company’s shares for 1.226 billion Egyptian pounds ($68.92 million) in 2015. Rooya owns 9 million square meters of real estate, with about 6 million of that currently under development. More»
Amwal Al Ghad English - 2017-12-17 11:27:14
Egypt’s Al Tawfeek Leasing (A.T. LEASE) will start an initial public offering (IPO) on December 19, the firm said on Sunday. The Shariah-compliant leasing company, part of the Saudi lender Dallah Albaraka Group, set it IPO share price at 6.93 Egyptian pounds ($0.388) and the sale will be equivalent to 24 percent of its total equity. The IPO will run from Dec.19 to Dec. 24, the firm added. Al Tawfeek appointed Egyptian investment bank Pharos Holding as bookrunner for the offer. More»
Amwal Al Ghad English - 2017-12-16 13:18:46
Egypt-based investment bank Acumen Holding has filed a lawsuit on Saturday in a Cairo economic court against the country’s market regulator, stock market, and Osool for Financial Consulting. The lawsuit is seeking to abolish ‘unfair’ assessment study that set Egypt Gas Company’s fair value at 175 Egyptian pounds ($9.79), Acumen said, citing violations of the principles that stipulate that the price shall not be below 686 pounds. A lawsuit was filed in the Cairo Economic Court against Osool’s legal representative, Egypt Gas’ chairman, as well as the heads of the Egyptian Financial Supervisory Authority (EFSA), and the Egyptian Stock Exchange (EGX). Acumen, a buy stock manager of Egypt Gas, further said in a statement that there is an inaccuracy in Osool’s assessment issued in early October and endorsed by EFSA, which set the company’s fair value at 175.39 pounds, while its market price continued to rose in contrary. More»
Islam Salah & Gehad Abdel Ghany - 2017-12-16 09:04:57
Egypt’s investment bank Beltone Financial Holding plans to advise on a new initial public offering in the first quarter of 2018, its head of investment banking division, said Thursday. The IPO is in the agricultural sector, with a capital worth more than 1 billion Egyptian pounds ($56 million), Sobhy El Sehrawy told Amwal Al Ghad. Beltone is planning to advise on three new IPOs by next year, El Sehrawy added. More»
Aya SalahEddin - 2017-12-16 08:06:10
Egypt’s stock market made gains worth 4 billion Egyptian pounds ($ 23.8 million) over the past week, as the market capital went up 4.1 percent to  820.7 billion pounds compared to 788.7 billion pounds in the previous week. More»
Amwal Al Ghad English - 2017-12-14 09:00:01
The Egyptian Exchange (EGX) opened Thursday's trading session on a mixed note, amid buying from Arab and Foreign investors, and selling from Egyptian investors. By 10:10 am Cairo time, the main index EGX30 levelled down 0.03 percent, or 4.68 points, to 14,647.23 points. The Commercial International Bank’s (CIB) stock inched down 0.22 percent to 73.8 Egyptian pounds, with a turnover of 1.07 million pounds. The small and medium-sized enterprises index EGX70 edged up 0.82 percent to 798.46 points, while the index EGX100 rose 0.51 percent to 1,881.81 points. The equal-weighted index EGX50 grew 0.03 percent to 2,575 points. The bourse's trading volume reached 3.8 million shares, through 702 transactions, generating 22.3 million pounds. Egyptian investors were net sellers with 923,700, while Foreign and Arab investors were net buyers with 628,400 pounds, and 295,200 pounds, respectively. Ezz Steel, Abu Dhabi Islamic Bank- Egypt (ADIB), and Egyptian Iron and Steel Company (HADISOLB) stocks’ decreased 1.98 percent, 1.69 percent, and 1.17 percent, respectively. On the other hand, Arabian Food Industries Co’s (Domty) gained 2.83 percent, followed by Egyptian Financial Group Hermes Holding’s (EFG Hermes) with 1.66 percent, and Oriental Weavers Carpet’s stock with 1.24 percent. More»