{"id":543415,"date":"2022-01-31T14:00:08","date_gmt":"2022-01-31T14:00:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/market-roundup-on-31-january\/"},"modified":"2022-01-31T14:00:08","modified_gmt":"2022-01-31T14:00:08","slug":"market-roundup-on-31-january","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/market-roundup-on-31-january\/","title":{"rendered":"Market roundup on 31 January"},"content":{"rendered":"

The EGX30 rose 0.3% at today\u2019s close<\/strong> on turnover of EGP 647 mn (41.5% below the 90-day average). Foreign investors were net sellers. The index is down 3.8% YTD.<\/p>\n

In the green: <\/strong>TMG Holding (+8.6%), Qalaa Holdings (+5.2%) and Madinet Nasr Holding (+4.0%).<\/p>\n

In the red: <\/strong>CIRA (-3.6%), Fawry (-1.8%) and CIB (-1.0%).<\/p>\n

MARKET NEWS- Who\u2019s in and who\u2019s out of the EGX30:<\/strong> E-Finance, Abu Dhabi Islamic Bank Egypt, Orascom Construction, and the Housing and Development Bank have all been included in the EGX30 after the the bourse finished its semi-annual review of indices today. Speed Medical, Egyptian for Tourism, Aspire Capital and Gadwa for Industrial Development were among the companies that were dropped from the index, according to a bourse statement (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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. The index is down 3.8% YTD. In the green: TMG Holding (+8.6%), Qalaa Holdings (+5.2%) and Madinet Nasr Holding (+4.0%). In the red: CIRA (-3.6%), Fawry (-1.8%) and CIB (-1.0%). MARKET NEWS- […]<\/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-543415","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":"57c61876-73e7-48c1-97f3-f97a07134f60","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[543407],"teaser":"","voice_url":""},"yoast_head":"\nMarket roundup on 31 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\/31\/market-roundup-on-31-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 31 January\" \/>\n<meta property=\"og:description\" content=\"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. The index is down 3.8% YTD. In the green: TMG Holding (+8.6%), Qalaa Holdings (+5.2%) and Madinet Nasr Holding (+4.0%). In the red: CIRA (-3.6%), Fawry (-1.8%) and CIB (-1.0%). 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Regional investors were net buyers. The index is up\u2026","rel":"","context":"In "GO WITH THE FLOW"","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":554577,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/19\/nbk-egypt-board-approves-egx-delisting\/","url_meta":{"origin":543415,"position":1},"title":"NBK Egypt board approves EGX delisting","author":"enterpriseam admin","date":"19 December 2021","format":false,"excerpt":"MARKET NEWS- NBK Egypt\u2019s board has approved plans to voluntarily delist its shares from the EGX, according to a bourse disclosure (pdf). Financial advisor Prime Capital valued the shares at EGP 20.03 and the bank will buy back shares from shareholders who want to sell their stakes. 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Fawry became Egypt\u2019s first unicorn\u2026","rel":"","context":"In "Capital markets"","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/365.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566922,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/28\/egx30-change-up-next-week\/","url_meta":{"origin":543415,"position":3},"title":"EGX30 change-up next week","author":"enterpriseam admin","date":"28 July 2021","format":false,"excerpt":"Six companies will become constituents of the EGX30 when the latest rebalancing of the benchmark index takes effect on Sunday, the EGX said today (pdf). The EGX30 is reviewed (or \u201crebalanced\u201d) twice a year, at the beginning of February and August. Other indexes including EGX50 EWI and EGX70 EWI have\u2026","rel":"","context":"In "SPEED ROUND: CAPITAL MARKETS"","block_context":{"text":"SPEED ROUND: CAPITAL MARKETS","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/487.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543043,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/nbe-ups-stake-in-cib\/","url_meta":{"origin":543415,"position":4},"title":"NBE ups stake in CIB","author":"enterpriseam admin","date":"3 January 2022","format":false,"excerpt":"MARKET ROUNDUP-The EGX30 fell 0.1% at today\u2019s close on turnover of EGP 908 mn (29.8% below the 90-day average). Foreign investors were net sellers. The index is down 0.4% YTD.In the green: MM Group (+11.0%), Rameda (+2.5%) and Abu Qir Fertilizers (+2.2%).In the red: Credit Agricole Egypt (-3.8%), Sidi Kerir\u2026","rel":"","context":"In "GO WITH THE FLOW"","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":596301,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/25\/egyptian-bourse-launches-egx30-total-return-index\/","url_meta":{"origin":543415,"position":5},"title":"Egyptian bourse launches EGX30 Total Return Index","author":"enterpriseam admin","date":"25 August 2019","format":false,"excerpt":"Egyptian bourse launches EGX30 Total Return index: The Egyptian stock exchange has launched the EGX30 Total Return Index (EGX30 TR), which will account for dividends and prices together, according to a statement. The index is meant to help investors see the total return on their investment rather than only the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=543415"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543415\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/543407"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=543415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=543415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=543415"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=543415"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=543415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}