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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        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        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        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        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 - 2016-11-15 06:39:17
European stocks are expected to open higher on Tuesday as the U.S. dollar stood near a thirteen and a half year high and treasury yields continued to rise as traders anticipate President-elect Donald Trump's policies will stoke inflation. London's FTSE 100 is seen up 26 points at 6,780, the French CAC is called 25 points higher at 4,538, while the German DAX is expected to open 40 points stronger at 10,745. The dollar index – which measures the greenback against a basket of currencies – was around $99.879 in Asia trade. It had risen to 100.22 earlier. If it manages to break the 100.51 mark that it reached in December 2015, this would mark the highest level since 2003. U.S. 10-year Treasury yields also continued to tick up. More»
Amwal Al Ghad English - 2016-11-14 06:51:57
Asia markets traded mixed, with the Nikkei continuing its third straight session of gains, likely due to a boost from the weaker yen and better-than-expected Japanese economic data. The Nikkei 225 jumped 1.78 percent, following the release of Japan's third-quarter gross domestic product (GDP), which showed the economy grew 2.2 percent year-on-year, beating a Reuters poll estimate of 0.9 percent. The yen remained weak against the dollar early in Asia, with the dollar fetching 107.38 yen as of 11:25 am HK/SIN, compared with levels around 104 on election day in the U.S. last week. Down Under, the benchmark ASX 200 closed down 0.47 percent, or 25.04 points, at 5,345.7, weighed by its materials subindex, which was down 1.31 percent, and its financials subindex, which fell 0.53 percent. Australia's major banks Westpac and ANZ fell 3.17 percent and 1.45 percent respectively, as they traded ex-dividend. Major gold miners were also lower; Newcrest Mining was down 7.08 percent, Northern Star Resources slipped 9.16 percent and Evolution Mining shed 9.65 percent. The ASX Gold subindex was 7.94 percent lower as gold's appeal as a safe haven continued to lose traction post-Trump's win. More»
Amwal Al Ghad English - 2016-11-14 06:35:32
European markets are expected to open higher on Monday, shrugging off broadly lower trade in Asia, amid a tick-up in bond yields and the U.S. dollar that is stoking risk appetite. London's FTSE 100 is called up 49 points at 6,779, the German DAX is expected to open 75 points higher at 10,742, while the French CACis seen 31 points to the good at 4,520. The dollar index, which measures the greenback against a basket of currencies, was trading around 99.579 on Monday, up 0.52 percent. It comes on the back of a sell-off in U.S. Treasuries, with yields on the 10-year note up 2.2 percent, their highest level since January. Chris Weston, chief market strategist at IG Index, said that sentiment towards being short U.S. Treasuries and emerging markets, but long the dollar has been driven by the "central thematic of reflation, nationalism and de-regulation" coming out of U.S. President Donald Trump's administration. More»
Amwal Al Ghad English - 2016-11-12 09:25:54
Egyptian global depository receipts (GDRs) mostly surged at London Stock Exchange (LSE) during Thursday's trade. GDRs of Commercial International Bank – Egypt (CBKD) jumped 4.65 percent, to close at $4.13. Investment bank EFG-Hermes (EFGD)’s GDRs climbed 6.25 percent, to end at $2.04. Meanwhile, the GDRs of Orascom Telecom Media and Technology Holding (OTMT) and Egyptian food maker Edita Food Industries (EFID) ended trading with no change in values at $0.38, and $6.90, respectively. More»
Amwal Al Ghad English - 2016-11-12 07:02:49
Stocks in Shanghai entered a bull market but other Asian markets stuttered on Friday as the rally in the dollar following Donald Trump's win in the U.S. presidential election dampened demand for emerging market assets. The dollar index traded down 0.12 percent at 98.664 as of 2:45 pm HK/SIN, but had touched 99.081, its highest level in more than two weeks, during U.S. hours. The dollar strength stemmed from the ongoing sell-off in U.S. Treasurys and the steepening of the yield curve after the U.S. election results. The yield on the benchmark 10-year Treasury note climbed to 2.1378 percent as of 1:45 pm HK/SIN compared to yields at around 1.8 percent earlier this week. The 30-year Treasury bond's yield was up to 2.9453 percent, its highest level since January 12. Chinese markets shrugged off weakness in many other Asian markets. The Shanghai composite ended up 0.78 percent, or 24.6 points, at 3,195.88, climbing more than 20 percent from the lows hit in January. The Shenzhen composite finished up 0.531 percent, or 11.14 points, at 2,108.03. Hong Kong's Hang Seng shed 1.45 percent in afternoon trade. More»
Amwal Al Ghad English - 2016-11-12 06:46:01
European markets closed lower on Friday as investors paused for breath following the victory for Donald Trump which has spurred on risk assets across the globe, and a sharp slide in oil prices weighed on sentiment. The pan-European Stoxx 600 closed down 0.53 percent. Cautious sentiment in Europe also filtered through to the U.S. with the Dow Jones Industrial Average and the S&P 500 mildly lower. Stocks in European health care fell more than 1 percent on speculation that the U.S. president-elect would repeal "Obamacare", leaving investors wondering what will happen in this policy area. More»
Amwal Al Ghad English - 2016-11-12 06:35:40
U.S. equities closed mostly higher on Friday, with the three major indexes posting their best weekly gains of the year on the back of a surprise Republican sweep. "I think you're seeing a transition from a government that had its thumb on growth to a free economy," said Bruce Bittles, chief investment strategist at Baird. "We're now looking at an economy that can reach its full potential." The Dow Jones industrial average closed about 37 points higher, with Goldman Sachs contributing the most gains. For the week, the Dow rose around 5.4 percent, marking its best weekly performance since December 2011. "The Republican sweep across Washington should pave the way for tax reform at both the individual and corporate level. America's largest multinational companies will almost assuredly have the opportunity to repatriate some of its foreign cash holdings for a modest penalty," said Jeremy Klein, chief market strategist at FBN Securities. More»
Amwal Al Ghad English - 2016-11-10 09:33:24
European stock markets commenced trade slightly higher on Thursday as they continue to rebound following Donald Trump's victory in the U.S. election. The pan-European Stoxx 600 was 0.6 percent points higher with all sectors moving up. Basic resources was outperforming its peers, climbing more than 2 percent. Insurance stocks were also perming well on Thursday morning, increasing more than 1.5 percent, on positive earnings news. Several world leaders have announced plans to meet with Donald Trump. With Prime Minister Shinzo Abe of Japan saying he will meet the president-elect next week in New York. Meanwhile, several anti-Trump protests have taken place across the U.S. This comes after an impressive rally for global risk assets Wednesday after the result of the presidential elections. U.S. stocks surged more than 1 percent with financials and health care leading. More»
Amwal Al Ghad English - 2016-11-10 06:03:41
Asia markets soared on Thursday with the Nikkei jumping close to 7 percent, as traders reassessed the economic impact of Donald Trump's victory in the U.S. presidential election. The Nikkei 225 jumped 6.95 percent as the yen weakened against the dollar, trading at 105.62 as of 1:30 pm HK/SIN. The dollar/yen had plunged to 101 levels on Wednesday. "U.S. yields surged higher on the back of expected increased fiscal spending by Trump. This has helped the dollar rally sharply against other currencies but especially the low yielding yen and the euro," Anthony Darvall, chief market strategist at easyMarkets, said in a note on Thursday. "A weaker yen has helped propel Japanese stocks up...completely erasing yesterday's losses." More»
Amwal Al Ghad English - 2016-11-09 09:33:05
Asian stock markets tumbled and investors scrambled into assets perceived to be safe on nervousness over the outcome of the U.S. presidential election. Japan's Nikkei 225 tanked 5.36 percent, or 919.84 points, at 16,251.54, as the yen, regarded as a safe haven currency, strengthened amid nervousness over the vote. Dollar/yen was trading at 102.65 as of 3:08 pm HK/SIN, after climbing as high as 105.46 earlier. At the yen's strongest level in Wednesday's session, it was fetching 101.15 per dollar. Australia's ASX 200 closed down 1.93 percent, or 101.23 points, at 5,156.55. The index was initially up 0.8 percent at the open, before the projections came in. The benchmark index saw broad losses across all sub-indexes, except for gold which was up 9.61 percent. It was also a historic day for Australia's stock exchange which saw a record of 1.71 million trades on Wednesday. The previous record was 1.53 million on 24 June when the U.K. referendum result was announced. "Markets are in all out panic mode that President Trump could become a reality. Trump has taken the key battleground states of Ohio and Florida. If Trump does win this election then the pollsters may have wrong-footed the markets once again," said Kathleen Brooks, research director at City Index, in a note on Wednesday. More»