• Monday, 22 August 2022

    What the markets are doing on 22 August, 2022

    The EGX30 fell 0.9% at today’s close on turnover of EGP 1.54 bn (47.6% above the 90-day average). Foreign investors were net sellers. The index is down 14.3% YTD.In the green: Madinet Nasr Housing (+13.3%), Palm Hills Development (+3.7%) and...
  • Thursday, 18 August 2022

    Earnings watch: Mopco reports 2Q 2022 results

    EARNINGS WATCH-Misr Fertilizers Production Co. (MOPCO)’s net income came in at EGP 1.65 bn in 2Q 2022, a 19% y-o-y increase, according to the company’s financial statements (pdf). The company’s revenues jumped 106% y-o-y to EGP 4.5 bn in 2Q...
  • Tuesday, 16 August 2022

    What the markets are doing on 16 August, 2022

    The EGX30 fell 0.7% at today’s close on turnover of EGP 1.25 bn (36.2% above the 90-day average). Local investors were net buyers. The index is down 17.6% YTD.In the green: Rameda (+3.4%), Ibnsina Pharma (+2.3%) and Juhayna Food Industries...
  • Sunday, 14 August 2022

    What the markets are doing on 14 August, 2022

    The EGX30 was essentially flat at today’s close on turnover of EGP 1.45 bn (45.4% above the 90-day average). Local investors were net buyers. The index is down 16.4% YTD.In the green: AMOC (+5.1%), Telecom Egypt (+3.9%) and Housing and...
  • Thursday, 11 August 2022

    Earnings watch: Telecom Egypt reports 2Q 2022 results

    EARNINGS WATCH-Telecom Egypt’s net income after tax rose 38.2% y-o-y in 2Q 2022 to record EGP 2.42 bn, according to the company’s earnings (pdf). The telecom operator reported EGP 10.98 bn in revenues during the quarter, up 22% y-o-y. MARKET...
  • Wednesday, 10 August 2022

    What the markets are doing on 10 August, 2022

    The EGX30 was essentially flat at today’s close on turnover of EGP 1.01 bn (19.1% above the 90-day average). Regional investors were net buyers. The index is down 16.6% YTD.In the green: Alexandria Container and Cargo Handling (+7.2%), CIRA (+4.7%)...
  • Monday, 8 August 2022

    What the markets are doing on 8 August, 2022

    The EGX30 fell 0.8% at today’s close on turnover of EGP 1.7 bn (52.1% above the 90-day average). Local investors were net buyers. The index is down 15.9% YTD.In the green: Oriental Weavers (+4.9%), Alexandria Containers and Goods (+4.0%) and...
  • Sunday, 7 August 2022

    What the markets are doing on 7 August, 2022

    The EGX30 rose 0.8% at today’s close on turnover of EGP 1.86 bn (56% above the 90-day average). Local investors were net buyers. The index is down 15.3% YTD.In the green: Ibnsina Pharma (+6.4%), Heliopolis Housing (+4.9%) and Credit Agricole...
  • Thursday, 21 July 2022

    What the markets are doing on 21 July 2022

    The EGX30 rose 1.9% at today’s close on turnover of EGP 975 mn (15.1% above the 90-day average). Local investors were net buyers. The index is down 22.3% YTD.In the green: Ibn Sina Pharma (+10.9%), Qalaa Holdings (+9.8%) and EFG...

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