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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        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        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 - World

Amwal Al Ghad English - 2017-12-23 08:30:24
European stock markets posted drops during Friday's trade, as investors digested the latest in political and economic news, before finishing off for the Christmas break. The U.K.'s FTSE 100 ended 0.15 percent lower in a shortened session. Germany's DAX and France's CAC 40 were trading lower as the U.K. market closed. Spain's IBEX 35 meanwhile dropped as much as 1.5 percent at the open, before paring some losses. Trading was light across the continent in the last session ahead of the Christmas holiday. More»
Amwal Al Ghad English - 2017-12-21 09:25:09
European stocks followed Wall Street and Asian bourses lower on Thursday in a muted response to the U.S. Congress’s approval of a long-anticipated tax overhaul in the country.Analysts said the U.S. tax cuts were already baked into stock prices. The pan-European STOXX 600 index was down 0.3 percent, with all major European bourses and sectors trading in negative territory.Spain's IBEX .IBEX was down 0.3 percent, in line with Germany's DAX .GDAXI but slightly better than the Paris CAC 40 .FCHI, down 0.4 percent, as the Spanish government hopes a regional election will strip pro-independence parties of their control of the Catalan parliament. More»
Amwal Al Ghad English - 2017-12-21 09:12:24
Asian markets offered a muted reception on Thursday to the passage of U.S. tax cuts as benefits to company bottom lines were already baked into stock prices, while bonds were spooked by the blowout in government debt needed to fund the giveaways.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.06 percent in thin trade, while the Nikkei .N225 eased 0.1 percent. South Korea .KS11 was dragged down 1.4 percent by weakness in Samsung (005930.KS), but Indonesia .JKSE rose after Fitch upgraded the country's credit rating. More»
Amwal Al Ghad English - 2017-12-20 09:08:47
European stock markets opened mixed Wednesday morning, as the long-awaited U.S. tax overhaul wound its way through Congress. The pan-European Stoxx 600 was broadly flat shortly after the opening bell with most sectors and major bourses pointing in opposite directions. The U.S. Senate comfortably approved sweeping tax legislation on Wednesday, allowing President Donald Trump to move a step closer to claiming his first major legislative victory. The tax bill will now go back to the House for a final vote later in the session. The proposed U.S. tax legislation would slash corporate tax rates to 21 percent, down from 35 percent, with investors betting this will boost company profits and trigger share buybacks. However, while Republicans argue the tax cuts will support economic growth; critics of the bill say the package is a deficit-bloating giveaway to the super-rich. In recent weeks, global markets have fluctuated in response to mixed expectations about Trump's ability to push through the signature tax overhaul. In commodities, oil prices edged higher on Wednesday morning, supported by an ongoing outage of the North Sea pipeline system as well as prolonged OPEC-led production cuts. Brent crude traded at around $63.96 a barrel, up 0.25 percent, while U.S. crude was seen at $57.73, up 0.31 percent. More»
Amwal Al Ghad English - 2017-12-20 08:41:36
Asian shares bobbed lower in a choppy session on Wednesday, hobbled by Wall Street’s losses as the long-awaited U.S. tax reform bill wound its way through Congress, while higher Treasury yields underpinned the dollar.The Republican-led U.S. Senate approved the sweeping $1.5-trillion tax bill in the small hours of Wednesday morning. A re-vote by the House of Representatives was scheduled for later in the day, with approval expected, and the bill will then go to President Donald Trump to sign into law. Asian market reaction to the passage was muted, with S&P e-mini futures ESc1 edging slightly higher, up 0.2 percent. European stock futures STXEc1 were up 0.1 percent, portending a slightly firmer opening for the region, with DAX futures FDXc1 up 0.2 percent, CAC futures FCEc1 up 0.1 percent and FTSE futures FFIc1 0.1 percent lower. More»
Amwal Al Ghad English - 2017-12-19 09:32:23
Major Asian indexes ended mostly higher Tuesday after U.S. stocks finished the Monday session at record highs on optimism ahead of the passage of a key tax reform bill. Japan's Nikkei 225 closed lower by 0.15 percent, or 33.77 points, at 22,868. Most automakers and retailers saw gains, with Mitsubishi Motor outperforming its peers in the auto sector and gaining 2.13 percent. Tech shares were mostly lower. Other movers included several construction names involved in a probe into bid-rigging in a maglev project. Losses in Taisei Corp. steepened, with the company's shares closing down 6.3 percent on reports that its offices were raided by prosecutors on Tuesday. Kajima Corp. and Shimizu Corp. shares fell 5.24 percent and 2.75 percent, respectively, after the companies' offices were raided by authorities on Monday. Obayashi Corp. declined 1.3 percent by the end of the day. In Seoul, the benchmark Kospi index shed 0.13 percent to close at 2,478.53 as even blue-chip tech names rose. Samsung Electronics tacked on 0.7 percent and SK Hynix jumped 3.89 percent on the day. South Korean steelmakers were mixed, with Posco rising 0.31 percent but Hyundai Steel slipping 0.53 percent. Meanwhile, automakers came under slight pressure, with Hyundai Motor edging down 0.65 percent. The move lower came on the back of ongoing labor union disputes at the company's plants, as well as concerns over potential changes in the U.S.-Korea Free Trade Agreement. The Korean government reportedly expects Washington to request reduced non-tariff barriers on US car exports to South Korea, local newspaper Korea Joong Ang Daily said. In Sydney, the S&P/ASX 200 advanced 0.54 percent to close at 6,071.8. Mining stocks buoyed the broader index following the move higher in base metals and iron ore in the last session: BHP closed up 0.78 percent and Mount Gibson Iron rose 5.95 percent. Gold miners also rose, with the sub-index climbing 1.97 percent. Greater China markets, meanwhile, trended higher. The Hang Seng Index was up a convincing 0.86 percent by 3:01 p.m. HK/SIN as gains in tech, financial and casino stocks offset losses seen in property names. Tencent was up 1.98 percent and insurers AIA and China Life Insurance rose 2 percent and 1.87 percent, respectively, at that time. Mainland markets also notched gains, with the Shanghai Composite tacking on 0.88 percent to end at 3,296.68 and the Shenzhen Composite advancing 0.87 percent to finish at 1,905.62. Tech and financials were among the top-performing sectors on the day. More»
Amwal Al Ghad English - 2017-12-19 09:20:36
Europe stock markets opened mixed during Tuesday morning trade, on the back of a record-setting session on Wall Street amid heightened expectations U.S. lawmakers could pass sweeping tax legislation. The pan-European Stoxx 600 was little changed shortly after the opening bell, with sectors and major bourses pointing in opposite directions. In recent weeks, global markets have fluctuated in response to mixed expectations about President Donald Trump's ability to push through a signature tax overhaul. On Monday, Wall Street surged to fresh record highs as the Republicans' tax bill appeared to move closer to passage through Congress. The proposed U.S. tax legislation would slash corporate tax rates to 21 percent, down from 35 percent, with investors betting this will boost company profits and trigger share buybacks. On the data front, Germany will see the release of IFO business survey at around 9 a.m. London time. The IFO business climate surged to an all-time high of 117.5 in November. In commodities, oil prices edged higher on Tuesday, supported by an ongoing North Sea pipeline outage and prolonged OPEC-led production cuts. However, soaring output in the U.S. appeared to limit gains. Brent crude traded at around $63.53 a barrel, up 0.19 percent, while U.S. crude was seen at $57.32, up 0.28 percent. More»
Amwal Al Ghad English - 2017-12-18 09:04:36
Stock markets in Europe traded higher on Monday morning, amid heightened expectations U.S. lawmakers could pass a long-awaited tax bill. The pan-European Stoxx 600 was up around 0.91 percent during early morning deals, with all sectors and major bourses in positive territory. Europe's technology stocks were among the top performers on Monday morning, up more than 1.3 percent on news of a takeover bid. French aerospace and defense group Thales announced Sunday it had agreed to buy chip maker Gemalto for around 4.8 billion euros ($5.6 billion). In a joint statement, the two companies said they were aiming to create "a world leader in digital security." Both firms were trading more than 6 percent higher on the news. Looking at individual stocks, Vestas shares rose almost 5 percent during early morning deals, amid elevated hopes U.S. lawmakers could pass a tax bill before Christmas. Denmark's wind power firm, which has a large exposure to the U.S. market, is reportedly poised to benefit from a continuation of production and investment tax credits included in the overhaul. Meanwhile, IG Group slumped to the bottom of the benchmark after a trading regulation announcement. Last week, European regulatory authorities proposed new restrictions on contracts for difference and although the online trader said the financial impact of these regulations was unlikely to be significant, its shares were more than 8 percent lower Monday. More»
Amwal Al Ghad English - 2017-12-18 08:27:28
Asian shares edged up on Monday, with sentiment boosted by expectations U.S. lawmakers will pass a long-awaited tax bill this week, while Chinese stocks were soggy on concerns about liquidity and tighter regulations in the world’s second largest economy.Meanwhile, the launch of bitcoin futures on the CME exchange bolstered expectations the cryptocurrency’s red-hot rally in the cash market could continue, although their trading debut was tepid. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.4 percent. Japan's Nikkei .N225 was the best performer in the region, rising 1.6 percent to edge closer to a 25-year peak of 23,382 points set last month. European and U.S. stocks are also expected to have a solid start to the week. The near-month FTSE futures contract FFIc1 and the e-mini S&P futures ESc1 were each up 0.2 percent. Dow futures 1YMc1 rose 0.4 percent. Global stock markets have surged this year, largely led by expectations of a U.S. tax overhaul. The reform is seen boosting corporate profits, triggering share buybacks and higher dividend payouts - a boon for shareholders. More»
Amwal Al Ghad English - 2017-12-16 06:52:12
Asian markets closed mostly lower on Friday after U.S. markets finished in the red on concerns about the future of tax reform stateside. Japan's Nikkei 225 came under pressure, sliding 0.62 percent, or 141.23, to close at 22,553.22, but was off session lows. Major exporters traded lower as the dollar lost ground against the yen. Toyota closed down 1.83 percent and Honda was 1.02 percent lower. Telcos also declined, with SoftBank losing 2.39 percent and NTT Docomo tumbling 4.6 percent by the end of the day. Japan's most recent tankan survey released on Friday showed large manufacturers' sentiment had improved for a fifth consecutive quarter, Reuters reported. The score of plus 25 recorded was the highest in 11 years, according to Reuters. Across the Korean Strait, the Kospi edged up 0.51 percent to end at 2,482.07 after it lost steam and closed lower on Thursday despite rallying more than 1 percent earlier that day. Blue-chips contributed to gains on Friday. Hyundai Motor rose 2.33 percent and Posco closed up 0.91 percent, although heavyweight Samsung Electronics declined 0.86 percent on the day. More»