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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        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        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        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        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 - 2018-01-18 05:57:32
Europe ended under slight pressure on Wednesday as positive trade on Wall Street failed to lift sentiment, as corporate news dominated discussion. The pan-European Stoxx 600 provisionally slipped 0.1 percent by the close, off its session lows. Britain's FTSE 100 fell 0.39 percent, while France's CAC 40 dipped 0.36 percent and Germany's DAX dropped 0.47 percent. Peripheral markets closed in different directions. Sectors closed mostly lower. Among them, media was one of the worst-performing industries, slipping 0.6 percent — dragged down by Informa and Pearson. Shares of Pearson sank 4.65 percent after the publisher reported a 2 percent fall in revenue in the first nine months of its financial year. Telecoms sank 0.8 percent as a sector, with most stocks closing in the red. Technology meantime finished on a positive note, boosted by ASML, which rose 5 percent, after reporting better-than-expected results. On Wall Street, U.S. stocks posted solid gains around Europe's close, with the Dow Jones industrial average rising some 150 points, on better-than-expected earnings. More»
Amwal Al Ghad English - 2018-01-18 05:41:13
Stock indexes in Asia on Thursday bounced back from declines in the last session, tracking substantial overnight gains on Wall Street. Investors also awaited a raft of China data due later in the day. Tokyo's benchmark Nikkei 225 index rose 0.52 percent, with energy-related stocks, automakers and banking names trading mixed. Of note, index heavyweight SoftBank Group declined 0.77 percent. Fast Retailing, another heavily-weighted constituent of the index, rose 1.13 percent as other retail names saw moderate declines. The Nikkei 225 touched a 26-year high earlier this week and has risen more than 3 percent so far this year. In Seoul, the Kospi tacked on 0.35 percent as Samsung Electronics bounced 1.49 percent, reversing losses seen in the last session. Rival chipmaker SK Hynix also saw gains, climbing 1.75 percent in the afternoon. Lotte Shopping fell 1.06 percent as other retail sector stocks traded mixed. More»
Amwal Al Ghad English - 2018-01-17 06:18:30
European stocks eked out gains by Tuesday's close, however a downturn in commodities weighed on sentiment, despite positive trading from markets overseas. The pan-European STOXX 600 ended trade slightly higher, up 0.13 percent provisionally, off its session highs. The majority of sectors closed in the black. The U.K.'s FTSE 100 fell 0.17 percent, while the French CAC 40 managed to hold onto its gains, closing up 0.08 percent. Germany's DAX rose 0.35 percent. Overseas, the Dow Jones industrial average broke above 26,000 for the first time at the start of the U.S. trading day, with the session continuing to post strong gains at Europe's close. When it comes to European industries, commodities were under the greatest pressure Tuesday. Oil stocks fell 0.92 percent as a sector, on the back of weakness seen in crude prices. Despite Brent crude falling over 1 percent, prices continued to hover around $69.35 at Europe's close, a level not seen since 2014. U.S. crude traded just below the $64 per barrel mark. More»
Amwal Al Ghad English - 2018-01-17 06:06:56
Asian markets traded in negative territory early on Wednesday after Wall Street reversed a triple-digit point gain to close lower in the previous session. Japan's Nikkei 225 declined 0.45 percent after touching a 26-year high in the last session. Major exporter stocks traded mixed while index heavyweights SoftBank Group and Fanuc declined 1.14 percent and 3.14 percent, respectively. Core machinery orders released Wednesday showed a second consecutive monthly increase for the month of November, Reuters said. Core orders, a volatile metric, rose 5.7 percent compared to the previous month — easily topping the 1.4 percent decline projected in a Reuters poll. Over in South Korea, the Kospi slipped 0.44 percent. Shares of Samsung Electronics declined 0.57 percent. Rival chipmaker SK Hynix edged down 0.67 percent after trading above the flat line earlier in the day. In Australia, the S&P/ASX 200 lost 0.54 percent following the fall in base metals seen overnight. The materials sector led losses on the index, trading lower by 2.03 percent. Major mining names recorded significant declines: Rio Tinto fell 3.46 percent, BHP tumbled 2.91 percent and Fortescue Metals slid 3.01 percent. More»
Amwal Al Ghad English - 2018-01-16 06:16:50
Europe finished Monday's session slightly lower, amid a lighter trading day, as stocks paused for breath after two weeks of strong gains. The pan-European STOXX 600 came off its lows, to finish provisionally down 0.17 percent, while major sectors were mostly lower by the market close. The U.K.'s FTSE 100 slipped 0.12 percent, while France's CAC 40 dipped 0.13 percent and Germany's DAX fell 0.34 percent. In peripheral markets, Italy's FTSE MIB rose 0.49 percent. Trade has been lighter than usual on Monday, as markets in the U.S. are closed, in light of Martin Luther King, Jr. Day. The dollar was under pressure, with the index down by 0.64 percent around Europe's close, against a basket of foreign currencies. One of the major news stories Monday was that U.K. construction firm Carillion had entered into liquidation. The company's shares were suspended from trading, but its rivals rose on the news, with Serco up over 7 percent and Interserve rising 2 percent. U.K. banking stocks were consequently in focus as HSBC and RBS are seen as some of its top creditors. Both lenders ended trade in the red. Elsewhere, utilities was the second top-performing sector. Endesa was a top performer, closing up 1.4 percent after Goldman Sachs raised its price target and rating on the stock. In individual stock news, Finnish miner Metso dropped to the bottom of the European benchmark, tumbling 9.84 percent, after the firm reported lower-than-expected sales and profits. On the other hand, Azimut soared 12.76 percent, after it announced that it was doubling its dividend. Vivendi was among the top performing stocks too, rising 2.7 percent following a rating upgrade, giving a boost to the media sector. British engineer GKN popped more than four percent after suitor Melrose said it planned on meeting GKN shareholders, after the engineering firm rejected a multi-million acquisition proposal last week, Reuters reported. Over the weekend, news emerged that BNP Paribas was making plans to benefit from the U.K.'s decision to leave the European Union. The French bank has prepared plans to attract mid-sized British companies, the Financial Times reported. In Asia, stocks closed mostly higher but Chinese bonds and equities stumbled after the government announced new steps on banking oversight in an "arduous" fight on financial risks, Reuters reported. More»
Amwal Al Ghad English - 2018-01-16 05:51:33
Asian markets traded mostly higher on Tuesday as dollar prices nursed overnight losses. Japan's Nikkei 225, which had earlier hovered near the flat line, rose 0.55 percent late in the morning. Subaru advanced 2.59 percent to outperform its peers. The company said it expected sales stateside to increase by 5 percent this year to 680,000 vehicles, the Wall Street Journal reported Monday. Other Japanese automakers were mostly higher: Toyota added 0.82 percent and Honda tacked on 0.15 percent.Across the Korean Strait, the Kospi erased early losses to climb 0.19 percent as index heavyweight Samsung Electronics rose 1.36 percent. Rival chipmaker SK Hynix also recorded gains, climbing 0.96 percent. Automakers also rose as the session progressed, with Hyundai Motor adding 1.29 percent. Brokerages and manufacturing names, however, traded lower on the day. Down Under, the S&P/ASX 200 slipped 0.23 percent as the energy, utilities and telecommunications sectors led losses on the broader index. The heavily-weighted financials sector declined 0.27 percent. Rio Tinto shares declined 0.42 percent, paring earlier gains made after it reported fourth-quarter production figures. The company said 2017 iron ore shipments rose 1 percent and were in line with guidance. Fourth-quarter iron ore shipments rose 3 percent compared to the same period one year ago. More»
Amwal Al Ghad English - 2018-01-15 06:00:19
Major indexes in Asia notched gains on Monday after Wall Street closed out last week at records and the dollar remained on the back foot. The Nikkei 225 rose 0.28 percent as technology and financial names rose early in the session. Automakers proved to be a mixed picture. Shares of SoftBank Group jumped 4.09 percent following news from Nikkei Asian Review that the company aimed to list SoftBank Corp., its mobile arm, both in Tokyo and abroad this year. The listing could raise around 2 trillion yen ($18 billion) for the company, Nikkei added. SoftBank said in a statement the listing of its mobile unit was an option for the company, but that no official decision had been made. Across the Korean Strait, the Kospi tacked on 0.14 percent. Heavyweight Samsung Electronics, which had fallen for most of last week on the release of poorer-than-expected profit guidance, traded flat. Other tech names, however, were in negative territory, with SK Hynix declining 2.28 percent. More»
Amwal Al Ghad English - 2018-01-13 07:08:34
Major Asian markets clawed back slight gains on Friday after finishing slightly lower in the last session, with most major indexes in the region tracking the strong lead from Wall Street. Japan's Nikkei 225 edged down 0.24 percent, or 56.61 points, to close at 23,653.82, with declines seen in major automakers and technology names: Toyota shed 0.67 percent, Honda lost 1.44 percent and Sony fell 1.06 percent by the end of the day. Shares of Uniqlo owner Fast Retailing, the most heavily-weighted stock on the index, soared 6 percent after the company announced record profit numbers on Thursday. Operating profit at the company rose 28.6 percent, with international revenues contributing more to total sales than local sales for the first time. Nomura maintained its buy rating and raised its target price for Fast Retailing from 51,000 yen to 56,500 yen ($507.69) per share following the latest set of results. "We think a catalyst for gains in the share price would be confirmation of earnings growth in the Uniqlo International business every quarter," Hidehiko Aoki, research analyst at Nomura, said in a note. Meanwhile, South Korea's Kospi advanced 0.34 percent to close at 2,496.42. Still, heavyweight technology names were mostly lower by the end of the day: Samsung Electronics closed off by 0.08 percent, but was off session lows, and LG Electronics lost 0.9 percent. More»
Amwal Al Ghad English - 2018-01-13 07:05:30
European stocks ended in positive territory on Friday, as investors digested new earnings, data and a political breakthrough in Germany. The pan-European STOXX 600 finished up 0.31 percent provisionally, with the majority of Europe's sectors closing in the black. On the week, the STOXX 600 ended on a positive note, up 0.29 percent. Sentiment was boosted with German coalition party leaders reaching a breakthrough in preliminary talks to form a new government. Germany's DAX ended up 0.32 percent, while the euro also rose against the U.S. dollar on the back of the news. The U.K.'s FTSE 100 rose 0.2 percent while France's CAC 40 popped 0.52 percent. Stocks were also boosted by trade seen stateside. The Dow Jones industrial average had risen some 200 points by the European market close, as investors bet on a strong corporate earnings season. J.P. Morgan Chase, BlackRock and Wells Fargo all reported better-than-expected quarterly results. Autos was Europe's top-performing sector Friday, closing up 1.24 percent, boosted by British multinational automotive firm GKN, which soared more than 26 percent after it rejected an acquisition proposal. German automakers Volkswagen and Porsche also posted solid gains. Retail stocks closed up 1 percent as a sector, with Portuguese firm Jeronimo Martins leading the pack, along with B&M European Value and Ocado. The stock jumped 4.4 percent after announcing its latest sales figures, which were pushed higher by its Polish subsidiary. Sticking with the sector, Carrefour closed up 1.74 percent after investors welcomed the retailer's acquisition of a stake in, an online fashion retailer. According to Reuters, analysts said Friday that they wanted Carrefour to do more digital deals in the future. In individual stock news, luxury group Kering announced that it wants to distribute 70 percent of its Puma shares to investors, according to Reuters. The news led German-listed Puma shares to drop more than 5.5 percent, while Kering ended just above the flatline. In the currency markets, the British pound skyrocketed Friday afternoon, up 1 percent against the U.S. dollar at $1.3677, around the market close at 4:30 p.m. London time. The move comes after Bloomberg News reported, citing a person familiar with the situation, that the Netherlands and Spain are open to a softer Brexit deal for Britain. In terms of data, inflation numbers in Spain reached their lowest level since November 2016. In France, prices edged up slightly in December compared to the previous month. More»
Amwal Al Ghad English - 2018-01-13 06:54:08
U.S. stocks rose to record highs on Friday after some of the major financial companies in the U.S. reported strong quarterly results. The Dow Jones industrial average rose 228.46 points to close at 25,803.19, an all-time high. J.P. Morgan Chase was among the best-performing stocks in the index, rising 1.7 percent. The S&P 500 also reached a record high, climbing 0.7 percent to 2,786.24 with energy and consumer discretionary as the best-performing sectors. Energy stocks got a boost from rising oil prices. The index is also enjoying its best 10-day start to a year since 2003. In that time period, the S&P 500 is up 4.2 percent. It gained 5.9 percent during the first 10 days of 2003. "There is optimism in the market," but there is also uncertainty about this rally, said Cooper Abbott, chairman of Carillon Tower Advisers. That level of uncertainty can be good for the market because it "dampens expectations." The Nasdaq composite finished 0.7 percent higher at 7,261.06. Amazon shares rose 2.2 percent and broke above $1,300 for the first time. J.P. Morgan Chase, BlackRock and Wells Fargo all reported better-than-expected quarterly results. S&P 500 profits are expected to have risen 11.2 percent in the fourth quarter of last year. All 11 S&P 500 sectors, meanwhile, are expected to post increases in both earnings and revenue, according to FactSet. This would be the first time since 2011 that all the sectors in the S&P 500 posted sales and profit growth for the same quarter. Stocks have carried over the momentum from 2017 into the new year thus far. The S&P 500 and Nasdaq have closed lower only once this year, while the Dow has fallen just twice. For 2018, the major averages are up at least 3.5 percent entering Friday's session. For the week, they posted gains of at least 1.6 percent. The Dow outperformed the Nasdaq and S&P 500 this week, gaining 2 percent, as Boeing shares have soared 8.9 percent. "The most important dynamic to focus on in the market is growth," said Sandip Bhagat, chief investment officer at Whittier Trust. He acknowledged that risks to the rally do exist, but added: "They pale in comparison to the economic growth we're seeing." Recent data suggests the U.S. economy is picking up steam. The Labor Department said its Consumer Price Index excluding the volatile food and energy components rose 0.3 percent last month. That was the biggest advance in the so-called core CPI since January. Treasury yields ticked higher following the data release. The two-year yield broke above 2 percent for the first time since September 2008. It traded at 2.01 percent. More»