• Thursday, 16 February 2023

    What the markets are doing on 16 February, 2023

    EARNINGS WATCH-Talaat Moustafa Group reported EGP 2.23 bn in 2022 net income, rising 25% y-o-y, according to the company’s financials (pdf). Revenues for the year increased 29% y-o-y to EGP 19.87 bn. MARKET ROUNDUP-The EGX30 fell 0.2% at today’s close...
  • Wednesday, 15 February 2023

    What the markets are doing on 15 February, 2023

    The EGX30 rose 0.5% at today’s close on turnover of EGP 2.67 bn (40% above the 90-day average). Foreign investors were net sellers. The index is up 20.0% YTD.In the green: Credit Agricole Egypt (+6.4%), Sidi Kerir Petrochemicals (+6.2%) and...
  • Tuesday, 14 February 2023

    What the markets are doing on 14 February, 2023

    The EGX30 rose 1.3% at today’s close on turnover of EGP 2.3 bn (21.4% above the 90-day average). Local investors were net buyers. The index is up 19.4% YTD.In the green: Heliopolis Housing and Development (+8.0%), Juhayna (+7.7%) and Ibnsina...
  • Monday, 13 February 2023

    What the markets are doing on 13 February, 2023

    MARKET WATCH-Abu Qir Fertilizers and Chemicals Industries Company’s net income rose 132.9% y-o-y to EGP 4.5 bn in 4Q 2022, according to the company’s financials (pdf). The company’s revenues for the quarter increased 79.4% y-o-y to EGP 6.4 bn. MARKET...
  • Sunday, 12 February 2023

    What the markets are doing on 12 February, 2023

    The EGX30 fell 1.9% at today’s close on turnover of EGP 1.8 bn (3.6% below the 90-day average). Foreign investors were net sellers. The index is up 18.4% YTD.In the green: e-finance (+3.2%), Ezz Steel (+3.1%) and Elsewedy Electric (+2.2%).In...
  • Thursday, 9 February 2023

    What the markets are doing on 9 February, 2023

    The EGX30 rose 3.9% at today’s close on turnover of EGP 2.5 bn (35% above the 90-day average). Foreign investors were net sellers. The index is up 20.7% YTD.In the green: Sidi Kerir Petrochemicals (+10.6%), EFG Hermes (+8.2%) and CIB...
  • Wednesday, 8 February 2023

    What the markets are doing on 8 February, 2023

    MARKET NEWS-Raya Holding for Financial Investments is paying out dividends of EGP 0.035 per share on its earnings from FY2021-2022, the company said in an EGX disclosure (pdf). MARKET ROUNDUP-The EGX30 rose 0.3% at today’s close on turnover of EGP...
  • Tuesday, 7 February 2023

    What the markets are doing on 7 February, 2023

    The EGX30 rose 1.9% at today’s close on turnover of EGP 2.0 bn (9.6% above the 90-day average). Local investors were net sellers. The index is up 15.8% YTD.In the green: Oriental Weavers (+8.6%), Ezz Steel (+7.3%) and Qalaa Holdings...
  • Monday, 6 February 2023

    What the markets are doing on 6 February, 2023

    The EGX30 rose 2.0% at today’s close on turnover of EGP 1.6 bn (12% below the 90-day average). Regional investors were net buyers. The index is up 13.6% YTD.In the green: Telecom Egypt (+6.2%), e-finance (+5.9%) and Sidi Kerir Petrochemicals...

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