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        Egyptians Housing Development    1.94        United Arab Shipping   0.43        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 - 2016-11-27 19:26:37
Egypt’s stock market reversed the trend higher it had enjoyed since the central bank decided to float the Egyptian pounds three weeks ago. Main index, EGX 30 slipped 1.82 percent, to 11145.95 points. The pull-back suggested the market's dramatic bounce in response to the November 3rd currency float, which boosted the index by as much as 37 percent to last week's peak, might now be ending as investors took profits and focused on Egypt's still-difficult economic environment. Other indices; EGX50 EWI index also dropped 1.77 percent, to 1757.68 points; EGX20 dived 2.35 percent, to 10950.02 points. Mid- and small-cap index EGX70 fell 0.63 percent, to 444.95 points. Price index, EGX100 retreated 0.92 percent, to 1052.09 points. More»
Amwal Al Ghad English - 2016-11-26 18:49:34
Egypt’s main index, surged 1.2 percent in a week, closing at 11353 points, compared to 11221 points by the end of a week earlier. Market Capitalisation: Egypt's stock market recorded weekly gains worth 15.68 billion Egyptian pounds ($886 million), closing at 559.784 billion pounds during the closing session of Thursday versus 544.104 billion pounds at the end of a week earlier. More»
Amwal Al Ghad English - 2016-11-24 18:23:52
Egypt’s stock index dropped on Thursday from a multi-year peak and investor turnout remained strong, yet heavily skewed towards aggressive selling from local traders on profit-taking. Main index, EGX 30 slipped 1.71 percent, to 11353.11 points, falling from a strong technical barrier at its 2008 peak of 12,039 points. Other indices; EGX50 EWI index fell 1.47 percent, to 1789.28 points; EGX20 decreased 1.85 percent, to 11213.76 points. Mid- and small-cap index EGX70 rose 0.42 percent, to 447.77 points. Price index, EGX100 dipped 0.09 percent, to 1061.88 points. More»
Amwal Al Ghad English - 2016-11-24 09:57:33
Egyptian bourse has signed Wednesday Marrakech pledge to promote green capital markets in Africa" during the Parties Conference for climate change COP22 held in Marrakech, Morocco, on November 7-18. Mohamed Omran, chairman of the Egyptian stock Exchange, has signed the pledges, as part of the Egyptian bourse’s contribution to support sustainability in the securities markets internationally and regionally. Other stock exchanges, including the Casablanca Stock Exchange, Tunis Stock Exchange, and Nigeria Stock Exchange have signed the pledges. In addition, the Supervisory authorities of the capital markets, also signed the pledge including the Egyptian Financial Supervisory Authority (EFSA) and Morocco's capital market. EGX’s signature on pledges of Marrakech and its participation in the conference come to enforce the efforts in its contribution to the preparations for the conference during July. It is also a commitment to the promotion of green finance in the African capital markets, which comes under the title "open capital markets in countries of the South towards climate change." The Parties Conference, the United Nations conference to strengthen the Climate, COP22 held in Marrakech, Morocco, comes after the launch of implementing Paris agreement on climate. It was approved at a conference COP21 parties that was followed by EGX signing on the agreement. Marrakech conference focused on the activation of Paris Agreement and the mechanism for integration of the efforts of the parties and non-parties in the field of environment and to speed up concrete initiatives and the development of private financing channels in the most vulnerable countries to climate change. More»
Amwal Al Ghad English - 2016-11-23 19:14:37
Egypt’s stock market surged on Wednesday, holding near an eight-year peak as foreign funds remained aggressive buyers. Main index, EGX30 added 0.26 percent, to 11550.31 points. The index has now climbed 35.5 percent since the central bank ditched the currency peg to the U.S. dollar on November 3rd and faces strong technical resistance at its record 2008 peak of 12,039 points. Other indices; EGX50 EWI index rose 0.44 percent, to 1816.06 points; EGX20 gained 0.57 percent, to 11424.71 points. Mid- and small-cap index EGX70 edged up 1.71 percent, to 445.9 points. Price index, EGX100 increased 1.71 percent, to 1062.85 points. More»
Amwal Al Ghad English - 2016-11-22 18:56:57
Egypt’s stock market pulled back on Tuesday but foreign buyers continued to hunt for bargain buys, lifting the broader index. Stocks eased though, ending a four-session winning streak, however, the outlook remains positive with foreign funds still buying shares after the government floated its currency. Main index, EGX30 slumped 0.20 percent, to 11519.8 points, ending a four-day winning streak yet it is still holding near an eight-year high. The index has gained 35 percent since the Egyptian pound was floated on November 3rd and trading volumes remained very heavy. More»
Amwal Al Ghad English - 2016-11-21 15:39:23
Egypt’s stock market surged to another 8-year high as foreign investors continued to reprice equities as the local currency weakened against the U.S. dollar. Main index, EGX30 gained 2.36 percent, to 11543.07 points, taking the index to yet another 8-year high in heavy trade. The Egyptian pound weakened on Monday, trading between 17.30 to 17.70 against the dollar. The further the pound falls the cheaper local currency denominated shares are for foreign buyers. The index has now risen 35.4 percent since the currency float and is up 64.8 percent year-to-date. Other indices; EGX50 EWI index climbed 2.63 percent, to 1804.83 points; EGX20 climbed 3.22 percent, to 11320.97 points. Mid- and small-cap index EGX70 hiked 1.98 percent, to 432.78 points. Price index, EGX100 added 2.11 percent, to 1034.03 points. More»
Amwal Al Ghad English - 2016-11-17 13:23:20
The Federation of Euro-Asian Stock Exchanges’ (FEAS) General Assembly has elected Mohamed Omran, Chairman of the Egyptian Exchange (EGX), after garnering the majority of votes for the federation presidency for the second consecutive time. In the presence of 29 head of European, Asian and Arab stock markets, EGX had 24 votes against Iran Fara Bourse, as the first FEAS president from outside Turkey since the federation establishment 20 years ago. The General Assembly appreciated the Egyptian bourse’s efforts during its presidency for FEAS in the first term, notably in improving the federation’s corporate governance standards and maximising the member exchanges’ capabilities, as well as to developing the trade surveillance efforts. Omran expressed his pleasure and appreciation for FEAS general assembly confidence, stressing that this election is a recognition for EGX ongoing efforts in the recent years on the international and regional levels, stating that those steps contribute for promoting the investment climate in Egypt. He said that despite of the difficulties faced by FEAS during the recent period, but the member exchanges realised the importance of the lineup behind EGX’s leadership during the coming period to restructure the federation and its position on the global investment map. The FEAS is one of the largest regional associations with a market capitalisation approaching $1 trillion, more than 4500 companies and the annual trading value of the member exchanges is about $ ½ trillion. More»
Amwal Al Ghad English - 2016-11-15 14:36:37
Egyptian stock exchange (EGX) is hosting Wednesday the annual conference of the Federation of Euro-Asian Stock Exchanges (FEAS) in Sharm El-Sheikh. In the presence of more than 25 heads of European, Asian, and Arab stock exchanges, the event will take place on November 16-17. Hosting this year’s FEAS annual meetings marks Egyptian bourse’s regional position as a leading market on the emerging markets’ level, said Mohamed Omran, EGX’s chairman. EGX’s presidency of FEAS has focused on mechanisms to develop a platform that aims to defend the emerging markets interests and strengthen their position at the international level. Omran confirmed that FEAS Board and General Assembly meetings will study ways to restructure the federation to overcome recent difficulties, and to restore its role in supporting member bourses, as well as to develop strategies that would increase the investments coming to the federation. The meetings will also tackle means to support the legislative and regulatory structure of the members and to achieve a degree of consensus among them to keep up with the international standards, the Egyptian official added. EGX has won the FEAS presidency in 2014, when it was elected for the first time for that position after nearly 20 years of Istanbul Stock Exchange’s FEAS presidency. More»
Amwal Al Ghad English - 2016-11-14 14:43:26
Egypt’s stock market fell on Monday as investors booked profits in blue chips after 12 straight days of significant gains fueled by pound depreciation and IMF’s approval on $12 billion bailout. Main index, EGX30, which soared 28.1 percent since the pound was floated on November 3rd, slipped 2.04 percent, to 10694.41 points. Many blue chips rocketed after the float partly because the depreciation of the Egyptian pound meant companies' dollar-denominated global depositary receipts were suddenly worth much more in local currency. But that effect now appears to have largely run its course. The Cairo-listed shares of Commercial International Bank (COMI.CA), for example, fell back 3.94 percent to 66.60 pounds on Monday. At $4.26, its GDRs are worth 67.11 pounds at an exchange rate of 15.75 pounds to the dollar. More»