{"id":543022,"date":"2022-01-02T13:41:19","date_gmt":"2022-01-02T13:41:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/"},"modified":"2022-01-02T13:41:19","modified_gmt":"2022-01-02T13:41:19","slug":"market-roundup-on-2-january","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/","title":{"rendered":"Market roundup on 2 January"},"content":{"rendered":"<p><strong>MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 fell 0.3% at today\u2019s close<\/strong> on turnover of EGP 617 mn (52.6% below the 90-day average). Local investors were net buyers. The index is down 0.3% YTD.<\/p>\n<p><strong>In the green: <\/strong>Cleopatra Hospital (+2.0%), Rameda (+1.7%) and AMOC (+1.1%).<\/p>\n<p><strong>In the red: <\/strong>Mopco (-4.3%), Abu Qir Fertilizers (-3.2%) and Orascom Development Egypt (-2.7%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MARKET ROUNDUP- The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 617 mn (52.6% below the 90-day average). Local investors were net buyers. The index is down 0.3% YTD. In the green: Cleopatra Hospital (+2.0%), Rameda (+1.7%) and AMOC (+1.1%). In the red: Mopco (-4.3%), Abu Qir Fertilizers (-3.2%) and Orascom Development Egypt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7219],"tags":[68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543022","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-egx","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"1839d840-5f7d-42c0-90ba-3beac2644c1d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[543014],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Market roundup on 2 January - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market roundup on 2 January\" \/>\n<meta property=\"og:description\" content=\"MARKET ROUNDUP- The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 617 mn (52.6% below the 90-day average). Local investors were net buyers. The index is down 0.3% YTD. In the green: Cleopatra Hospital (+2.0%), Rameda (+1.7%) and AMOC (+1.1%). In the red: Mopco (-4.3%), Abu Qir Fertilizers (-3.2%) and Orascom Development Egypt [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-02T13:41:19+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Market roundup on 2 January\",\"datePublished\":\"2022-01-02T13:41:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/\"},\"wordCount\":54,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EGX\",\"EnterprisePM\",\"Go with the Flow\"],\"articleSection\":[\"GO WITH THE FLOW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/\",\"name\":\"Market roundup on 2 January - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-01-02T13:41:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market roundup on 2 January\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Market roundup on 2 January - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/market-roundup-on-2-january\/","og_locale":"en_US","og_type":"article","og_title":"Market roundup on 2 January","og_description":"MARKET ROUNDUP- The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 617 mn (52.6% below the 90-day average). 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Local investors were net buyers. The index is down 12.3% YTD.In the green: Abu Qir Fertilizers (+3.5%), CIB (+2.4%) and Mopco (+2.1%).In the red: Qalaa Holdings (-4.1%), Heliopolis Housing (-3.8%) and MM\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556732,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/13\/market-roundup-on-13-october\/","url_meta":{"origin":543022,"position":1},"title":"Market roundup on 13 October","author":"enterpriseam admin","date":"13 October 2021","format":false,"excerpt":"The EGX30 rose 0.9% at today\u2019s close on turnover of EGP 1.13 bn (25% below the 90-day average). Foreign investors were net sellers. The index is up 0.3% YTD.In the green: Fawry (+6.4%), AMOC (+5.1%) and Mopco (+2.8%).In the red: Aspire Capital (-9.5%), Pioneers Properties (-6.3%) and Gadwa Industrial Development\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550562,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/06\/market-roundup-on-6-april-2022\/","url_meta":{"origin":543022,"position":2},"title":"Market roundup on 6 April 2022","author":"enterpriseam admin","date":"6 April 2022","format":false,"excerpt":"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 232.55 mn (76.2% below the 90-day average). Foreign investors were net sellers. The index is down 5.0% YTD.In the green: Qalaa Holdings (+6.7%), Rameda (+3.5%) and Eastern Company (+1.4%).In the red: EKH (-3.9%), MM Group (-3.4%) and ADIB (-1.4%).","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550696,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/17\/market-roundup-on-17-april-2022\/","url_meta":{"origin":543022,"position":3},"title":"Market roundup on 17 April 2022","author":"enterpriseam admin","date":"17 April 2022","format":false,"excerpt":"The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 645 mn (32% below the 90-day average). Regional investors were net buyers. The index is down 10.4% YTD.In the green: Egypt Kuwait Holding-EGP (+5.2%), GB Auto (+3.7%) and Oriental Weavers (+2.0%).In the red: MM Group (-16.7%), Ibnsina Pharma (-5.5%)\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543415,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/market-roundup-on-31-january\/","url_meta":{"origin":543022,"position":4},"title":"Market roundup on 31 January","author":"enterpriseam admin","date":"31 January 2022","format":false,"excerpt":"The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 647 mn (41.5% below the 90-day average). Foreign investors were net sellers. 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