{"id":551021,"date":"2022-05-19T13:09:04","date_gmt":"2022-05-19T13:09:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/what-the-markets-are-doing-on-19-may-2022\/"},"modified":"2022-05-19T13:09:04","modified_gmt":"2022-05-19T13:09:04","slug":"what-the-markets-are-doing-on-19-may-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/what-the-markets-are-doing-on-19-may-2022\/","title":{"rendered":"What the markets are doing on 19 May 2022"},"content":{"rendered":"<p><strong>MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 rose 0.8% at today\u2019s close<\/strong> on turnover of EGP 693 mn (19.8% below the 90-day average). Regional investors were net buyers. The index is down 11.7% YTD.<\/p>\n<p><strong>In the green: <\/strong>CIB (+2.9%), Orascom Construction (+2.9%) and Egypt Kuwait Holding-EGP (+2.9%).<\/p>\n<p><strong>In the red: <\/strong>MM Group (-3.3%), GB Auto (-2.1%) and AMOC (-2.1%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MARKET ROUNDUP- The EGX30 rose 0.8% at today\u2019s close on turnover of EGP 693 mn (19.8% below the 90-day average). Regional investors were net buyers. The index is down 11.7% YTD. In the green: CIB (+2.9%), Orascom Construction (+2.9%) and Egypt Kuwait Holding-EGP (+2.9%). In the red: MM Group (-3.3%), GB Auto (-2.1%) and AMOC [&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-551021","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":"cd13d8c2-efc3-4988-b30f-a5825a4899e2","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[551012],"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>What the markets are doing on 19 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\/19\/what-the-markets-are-doing-on-19-may-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What the markets are doing on 19 May 2022\" \/>\n<meta property=\"og:description\" content=\"MARKET ROUNDUP- The EGX30 rose 0.8% at today\u2019s close on turnover of EGP 693 mn (19.8% below the 90-day average). Regional investors were net buyers. The index is down 11.7% YTD. In the green: CIB (+2.9%), Orascom Construction (+2.9%) and Egypt Kuwait Holding-EGP (+2.9%). In the red: MM Group (-3.3%), GB Auto (-2.1%) and AMOC [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/what-the-markets-are-doing-on-19-may-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-19T13:09:04+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\/19\/what-the-markets-are-doing-on-19-may-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/what-the-markets-are-doing-on-19-may-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 19 May 2022\",\"datePublished\":\"2022-05-19T13:09:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/what-the-markets-are-doing-on-19-may-2022\/\"},\"wordCount\":57,\"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\/19\/what-the-markets-are-doing-on-19-may-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/what-the-markets-are-doing-on-19-may-2022\/\",\"name\":\"What the markets are doing on 19 May 2022 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-05-19T13:09:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/what-the-markets-are-doing-on-19-may-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/what-the-markets-are-doing-on-19-may-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/what-the-markets-are-doing-on-19-may-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What the markets are doing on 19 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":"What the markets are doing on 19 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\/19\/what-the-markets-are-doing-on-19-may-2022\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 19 May 2022","og_description":"MARKET ROUNDUP- The EGX30 rose 0.8% at today\u2019s close on turnover of EGP 693 mn (19.8% below the 90-day average). 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Revenues for the year rose 16.2% to EGP 13.3 bn. On a 4Q basis, net income jumped 44% y-o-y to EGP 360 mn, while revenues rose 25.3% to EGP 3.8 bn.The\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":605507,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/31\/what-the-markets-are-doing-on-31-august-2023\/","url_meta":{"origin":551021,"position":1},"title":"What the markets are doing on 31 August, 2023","author":"enterpriseam admin","date":"31 August 2023","format":false,"excerpt":"The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 2.1 bn. Local investors were net sellers. The index is up 29.3% YTD. In the green: Abu Qir Fertilizers (+2.4%), B Investments Holding (+2.1%) and CIB (+2.0%). In the red: Orascom Construction (-2.9%), Beltone Financial Holding (-2.2%) and E-Finance(-2.1%).","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":553072,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/18\/earnings-watch-obour-land-reports-3q-2022-results\/","url_meta":{"origin":551021,"position":2},"title":"Earnings watch: Obour Land reports 3Q 2022 results","author":"enterpriseam admin","date":"18 October 2022","format":false,"excerpt":"EARNINGS WATCH-Obour Land\u2019s bottomline rose 31% y-o-y in 3Q 2022 to EGP 145.8 mn, according to the company\u2019s earnings release (pdf). Obour Land reported EGP 1.34 bn in revenues during the quarter, rising 64% y-o-y. 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The index is down 1.8% YTD.In the green: Egypt Kuwait Holding\u2019s EGP shares (+5.2%), Cleopatra Hospital (+3.1%) and Eastern Company (+2.9%).In the red: Speed Medical\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":660868,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/18\/what-the-markets-are-doing-on-18-february-2025\/","url_meta":{"origin":551021,"position":4},"title":"What the markets are doing on 18 February 2025","author":"enterpriseam admin","date":"18 February 2025","format":false,"excerpt":"The EGX30 rose 0.5% at today\u2019s close on turnover of EGP 3.8 bn (4.8% above the 90-day average). International investors were the sole net sellers. 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The index is up 4.5% YTD.In the green: GB Auto (+2.9%), Orascom Investment (+2.7%) and Orascom Development (+2.1%).In the red: Sidi Kerir (-2.3%), Qalaa Holding (-1.5%) and\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/551021","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=551021"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/551021\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/551012"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=551021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=551021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=551021"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=551021"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=551021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}