{"id":550979,"date":"2022-05-17T13:17:10","date_gmt":"2022-05-17T13:17:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/"},"modified":"2022-05-17T13:17:10","modified_gmt":"2022-05-17T13:17:10","slug":"the-market-on-17-may-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/","title":{"rendered":"The market on 17 May 2022"},"content":{"rendered":"

The EGX30 fell 0.2% at today\u2019s close<\/strong> on turnover of EGP 614 mn (29.4% below the 90-day average). Foreign investors were net sellers. The index is down 12.6% YTD.<\/p>\n

In the green: <\/strong>TMG Holding (+2.7%), Credit Agricole Egypt (+2.7%) and Abu Qir Fertilizers (+1.8%).<\/p>\n

In the red: <\/strong>Ibnsina Pharma (-3.1%), Fawry (-1.7%) and GB Auto (-1.6%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 0.2% at today\u2019s close on turnover of EGP 614 mn (29.4% below the 90-day average). Foreign investors were net sellers. The index is down 12.6% YTD. In the green: TMG Holding (+2.7%), Credit Agricole Egypt (+2.7%) and Abu Qir Fertilizers (+1.8%). In the red: Ibnsina Pharma (-3.1%), Fawry (-1.7%) and GB Auto […]<\/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-550979","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":"64136d03-acc1-4824-85d7-48fea55c80d3","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[550970],"teaser":"","voice_url":""},"yoast_head":"\nThe market on 17 May 2022 - 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\/05\/17\/the-market-on-17-may-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The market on 17 May 2022\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 0.2% at today\u2019s close on turnover of EGP 614 mn (29.4% below the 90-day average). Foreign investors were net sellers. The index is down 12.6% YTD. In the green: TMG Holding (+2.7%), Credit Agricole Egypt (+2.7%) and Abu Qir Fertilizers (+1.8%). In the red: Ibnsina Pharma (-3.1%), Fawry (-1.7%) and GB Auto […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-17T13:17:10+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\/05\/17\/the-market-on-17-may-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The market on 17 May 2022\",\"datePublished\":\"2022-05-17T13:17:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/\"},\"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\/05\/17\/the-market-on-17-may-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/\",\"name\":\"The market on 17 May 2022 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-05-17T13:17:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The market on 17 May 2022\"}]},{\"@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":"The market on 17 May 2022 - 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\/05\/17\/the-market-on-17-may-2022\/","og_locale":"en_US","og_type":"article","og_title":"The market on 17 May 2022","og_description":"The EGX30 fell 0.2% at today\u2019s close on turnover of EGP 614 mn (29.4% below the 90-day average). 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In the red: Ibnsina Pharma (-3.1%), Fawry (-1.7%) and GB Auto […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-05-17T13:17:10+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"The market on 17 May 2022","datePublished":"2022-05-17T13:17:10+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/"},"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\/05\/17\/the-market-on-17-may-2022\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/","name":"The market on 17 May 2022 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-05-17T13:17:10+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/the-market-on-17-may-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"The market on 17 May 2022"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":554885,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/18\/market-roundup-on-18-november\/","url_meta":{"origin":550979,"position":0},"title":"Market roundup on 18 November","author":"enterpriseam admin","date":"18 November 2021","format":false,"excerpt":"The EGX30 fell 1.0% at today\u2019s close on turnover of EGP 834 mn (43.3% below the 90-day average). Local investors were net buyers. The index is up 4.5% YTD.In the green: Sidi Kerir Petrochem (+3.0%), Credit Agricole Egypt (+2.7%) and Ezz Steel (+2.6%).In the red: Aspire Capital (-3.1%), Mopco (-2.7%)\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":557876,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/egx30-up-2-7-ytd\/","url_meta":{"origin":550979,"position":1},"title":"EGX30 up 2.7% YTD","author":"enterpriseam admin","date":"8 September 2021","format":false,"excerpt":"The EGX30 rose 0.4% at today\u2019s close on turnover of EGP 1.4 bn (81% below the 90-day average). Egyptian investors were net buyers. The index is up 2.7% YTD.In the green: Speed Medical (+2.6%), Orascom Development Egypt (+2.6%) and Oriental Weavers (+2.5%).In the red: Raya (-2.7%), Sidi Kerir Petrochemicals (-1.5%)\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":558158,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/","url_meta":{"origin":550979,"position":2},"title":"Market roundup on 29 September","author":"enterpriseam admin","date":"29 September 2021","format":false,"excerpt":"The EGX30 fell 0.5% at today\u2019s close on turnover of EGP 986 mn (37.8% below the 90-day average). Foreign investors were net sellers. 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