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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        Egyptians Housing Development    1.94        United Arab Shipping   0.43        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        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        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        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        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        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        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        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        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        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        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        


The Watch - forex news

Yomna Yasser - Agencies - 2012-02-11 16:43:10
Malaysian rubber prices are likely to be higher next week on concerns over tight supply, dealers said. A dealer said although the local market would take the cue from regional bearish futures markets, due to falling oil prices, limited supply would support prices. More»
Yomna Yasser - Agencies - 2012-02-11 16:33:47
India's foreign exchange reserves fell to $293.753 billion as of Feb 3, from $293.930 billion in the previous week, the central bank said in its weekly statistical supplement on Friday. Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the Reserve Bank of India (RBI) said. Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF).
Yomna Yasser - Agencies - 2012-02-11 16:17:11
Gold prices recovered modestly after a two-day slide at the bullion market here on Saturday on the back of renewed demand from local retailers and investors amid good jewellery offtake despite bearish global sentiment. More»
Yomna Yasser - Agencies - 2012-02-11 16:13:27
Mumbai: Gold prices recovered modestly after a two-day slide at the bullion market here today on the back of renewed demand from local retailers and investors amid good jewellery offtake despite bearish global sentiment. More»
Yomna Yasser - Agencies - 2012-02-11 16:07:54
Gold rose initially during the week but fell from two-month highs of $1760 per ounce following losses in the euro a broad setback in risky assets, as uncertainty over negotiations on a bailout package for Greece triggered a wave of profit selling. More»
Yomna Yasser - Agencies - 2012-02-11 15:03:35
The negotiations between Sudan and South Sudan on oil are set to start on Saturday, a 24-hour delay from the original schedule. Sources in Khartoum said that the head of the Sudanese delegation Idriss Mohamed Abdel-Gadir will leave to Addis Ababa in the early morning hours. More»
Yomna Yasser - Agencies - 2012-02-11 14:41:15
Ranjan Mathai, the Indian foreign secretary, made the rounds in Washington this week, describing India’s relationship with the United States as one of growing comfort, depth and candor, if hardly perfect harmony. On that last point he could have been talking about the recent frictions between the two countries over Iran. More»
Yomna Yasser - Agencies - 2012-02-11 14:28:49
Oil prices fell Friday with a critical bailout plan for Greece’s economy in limbo, again raising the specter of bank failures and bankruptcies in Europe. The European Union has struggled for years with massive government debts. Investors worry that the festering credit crisis will spread to the rest of Europe, further slowing down the EU economy and reducing demand for oil. More»
Yomna Yasser - Agencies - 2012-02-11 13:52:58
The euro fell from a two-month high against the dollar as European finance ministers withheld an aid package necessary to prevent the Greek economy from collapsing. The shared European currency slid from the highest since December against the yen as Greek Prime Minister Lucas Papademos obtained approval from his Cabinet for deeper budget cuts needed to secure the second package of international aid. The dollar strengthened against all but one of its 16 major peers as stocks slid. Australia’s dollar dropped for a third day after the nation’s central bank lowered growth forecasts. “There is more chance of me seeing God this weekend than Greece getting its fiscal issues sorted out,” said Thomas Molloy, chief dealer at FX Solutions, an online currency-trading company, in Saddle River, New Jersey. “Your average investors have become absolutely jaded with this whole saga so they are sitting on the sidelines with the euro.” The euro was 0.7 percent weaker at $1.3197 at 5 p.m. New York time, paring its weekly advance to 0.1 percent. It reached $1.3322 yesterday, the strongest level since Dec. 12. Europe’s shared currency slipped 0.7 percent to 102.43 yen. The dollar fell 0.1 percent to 77.61 yen. It earlier advanced to 77.81 yen, the strongest level since Jan. 26. The Greek cabinet approved the 287-page document unanimously, said a government official, who declined to be named. The approval means the 300-seat Parliament will vote, as soon as today, on budget measures amounting to 7 percent of gross domestic product over the next three years and a debt swap to slice 100 billion euros ($132 billion) off more than 200 billion euros of privately-held debt. The approval capped a week of tension in Athens as European Union and International Monetary Fund officials argued with Greek government officials over the conditions required to secure the 130 billion-euro rescue package. The euro has rallied 4.5 percent versus the dollar from the January low of $1.2624 amid speculation Greek lawmakers would satisfy demands from the European Commission, ECB and IMF to receive the aid package. It is trading 11 cents above its lifetime average of $1.2060. “The big problem with this adjustment process is that it’s seen growth collapse and essentially depression already taking place,” Jens Nordvig, a managing director of currency research in New York at Nomura Holdings Inc. “Having massive wage cuts to regain competitiveness is not going to be fun for anybody. On the other hand, the other option is to have a disorderly default.” The Dollar Index, which IntercontinentalExchange Inc. uses to track the greenback against the currencies of six U.S. trading partners, was 0.5 percent higher at 79.001. Australia’s currency slid versus most of its major peers after the nation’s central bank said it sees the economy expanding 3.5 percent this year, down from its Nov. 4 estimate of 4 percent. Consumer prices will rise 3 percent in the year through to the fourth quarter, less than a previous prediction of 3.25 percent, the Reserve Bank of Australia said in its quarterly monetary policy statement released today. The so-called Aussie weakened 1 percent to $1.0674 and depreciated 1.1 percent to 82.84 yen. . The Mexican peso has appreciated 8.9 percent versus the greenback in 2012, the Brazilian real strengthened 8.4 percent and New Zealand’s dollar gained 6.4 percent. Mexico’s benchmark lending rate is 4.5 percent, Brazil’s is 10.5 percent and New Zealand’s is 2.5 percent compared with a low near zero in the U.S. and Japan.
Yomna Yasser - Agencies - 2012-02-11 12:55:44
Asian currencies had this year’s first weekly loss after European leaders held back a bailout package for Greece, sapping demand for emerging-market assets. More»