{"id":551615,"date":"2022-07-03T13:58:25","date_gmt":"2022-07-03T13:58:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/"},"modified":"2022-07-03T13:58:25","modified_gmt":"2022-07-03T13:58:25","slug":"the-market-on-3-july-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/","title":{"rendered":"The Market on 3 July 2022"},"content":{"rendered":"

<\/a> The EGX30 fell 2.4% at today\u2019s close<\/strong> on turnover of EGP 556.88 mn (32.7% below the 90-day average). Local investors were net buyers. The index is down 24.6% YTD.<\/p>\n

In the green: <\/strong>Mopco (+2.1%), Rameda (+0.5%).<\/p>\n

In the red: <\/strong>GB Auto (-7.1%), Credit Agricole Egypt (-7.1%) and Qalaa Holdings (-5.0%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 2.4% at today\u2019s close on turnover of EGP 556.88 mn (32.7% below the 90-day average). Local investors were net buyers. The index is down 24.6% YTD. In the green: Mopco (+2.1%), Rameda (+0.5%). In the red: GB Auto (-7.1%), Credit Agricole Egypt (-7.1%) and Qalaa Holdings (-5.0%).<\/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-551615","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":"d0bf34a5-cb4d-435d-86cb-1fd36f7f66bd","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[551605],"teaser":"","voice_url":""},"yoast_head":"\nThe Market on 3 July 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\/07\/03\/the-market-on-3-july-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 3 July 2022\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 2.4% at today\u2019s close on turnover of EGP 556.88 mn (32.7% below the 90-day average). Local investors were net buyers. The index is down 24.6% YTD. In the green: Mopco (+2.1%), Rameda (+0.5%). In the red: GB Auto (-7.1%), Credit Agricole Egypt (-7.1%) and Qalaa Holdings (-5.0%).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-03T13:58:25+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\/07\/03\/the-market-on-3-july-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The Market on 3 July 2022\",\"datePublished\":\"2022-07-03T13:58:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/\"},\"wordCount\":49,\"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\/07\/03\/the-market-on-3-july-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/\",\"name\":\"The Market on 3 July 2022 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-07-03T13:58:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Market on 3 July 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 3 July 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\/07\/03\/the-market-on-3-july-2022\/","og_locale":"en_US","og_type":"article","og_title":"The Market on 3 July 2022","og_description":"The EGX30 fell 2.4% at today\u2019s close on turnover of EGP 556.88 mn (32.7% below the 90-day average). Local investors were net buyers. The index is down 24.6% YTD. In the green: Mopco (+2.1%), Rameda (+0.5%). In the red: GB Auto (-7.1%), Credit Agricole Egypt (-7.1%) and Qalaa Holdings (-5.0%).","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-07-03T13:58:25+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\/07\/03\/the-market-on-3-july-2022\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"The Market on 3 July 2022","datePublished":"2022-07-03T13:58:25+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/"},"wordCount":49,"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\/07\/03\/the-market-on-3-july-2022\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/","name":"The Market on 3 July 2022 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-07-03T13:58:25+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-market-on-3-july-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"The Market on 3 July 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":545439,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/29\/earnings-watch-gadwa-industrial-development-pioneer-properties\/","url_meta":{"origin":551615,"position":0},"title":"Earnings watch: Gadwa Industrial Development, Pioneer Properties","author":"enterpriseam admin","date":"29 March 2022","format":false,"excerpt":"EARNINGS WATCH- Gadwa Industrial Development achieved a bottom line of EGP 115.19 mn in 4Q2021, according to the company\u2019s financials (pdf). The company was founded in October. Gadwa\u2019s revenues during the period reached EGP 230.65 mn.Pioneers Properties recorded a bottom line of EGP 298.41 mn in 4Q2021 \u2014 the three-month\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":551966,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/the-market-on-2-august-2022\/","url_meta":{"origin":551615,"position":1},"title":"The market on 2 August 2022","author":"enterpriseam admin","date":"2 August 2022","format":false,"excerpt":"The EGX30 rose 0.2% at today\u2019s close on turnover of EGP 343,84 mn (57.7% below the 90-day average). Foreign investors were net sellers. The index is down 21% YTD.In the green: QNB Alahli (+10.1%), Ibnsina Pharma (+7.1%) and Qalaa Holdings (+5.6%).In the red: CIB (-2.1%), Cleopatra Hospitals (-1.9%) and Telecom\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":588435,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/11\/what-the-markets-are-doing-on-11-june-2023\/","url_meta":{"origin":551615,"position":2},"title":"What the markets are doing on 11 June, 2023","author":"enterpriseam admin","date":"11 June 2023","format":false,"excerpt":"The EGX30 rose 1.3% at today\u2019s close on turnover of EGP 2.61 bn. Local investors were net buyers. The index is up 21.5% YTD.In the green: Palm Hills Developments (+7.1%), Mopco (+7.0%) and Fawry (+6.2%).In the red: ADIB (-3.6%), Ibnsina Pharma (-2.6%) and Edita (-2.0%).","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":580000,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/what-the-markets-are-doing-on-30-november-2022\/","url_meta":{"origin":551615,"position":3},"title":"What the markets are doing on 30 November, 2022","author":"enterpriseam admin","date":"30 November 2022","format":false,"excerpt":"The EGX30 rose 0.6% at today\u2019s close on turnover of EGP 3.53 bn. Foreign investors were net sellers. The index is up 11.0% YTD.In the green: EFG Hermes (+5.8%), e-Finance (+4.1%) and Orascom Construction (+3.9%).In the red: Eastern Company (-7.1%), Ibnsina Pharma (-2.3%) and Palm Hills Development (-2.2%).","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":551228,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/02\/market-roundup-on-2-june-2022\/","url_meta":{"origin":551615,"position":4},"title":"Market roundup on 2 June 2022","author":"enterpriseam admin","date":"2 June 2022","format":false,"excerpt":"The EGX30 fell 0.8% at today\u2019s close on turnover of EGP 447 mn (47% below the 90-day average). Local investors were net buyers. The index is down 16.3% YTD.In the green: Ibnsina Pharma (+7.1%), Madinet Nasr Housing (+6.3%) and Palm Hills Development (+3.6%).In the red: CIB (-2.4%), EFG Hermes (-2.0%)\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":550600,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/10\/market-roundup-on-10-april-2022\/","url_meta":{"origin":551615,"position":5},"title":"Market roundup on 10 April 2022","author":"enterpriseam admin","date":"10 April 2022","format":false,"excerpt":"The EGX30 fell 1.8% at today\u2019s close on turnover of EGP 597 mn (38.3% below the 90-day average). Regional investors were net sellers. The index is down 8.8% YTD.In the green: Egypt Kuwait Holding-EGP (+0.2%), Credit Agricole Egypt (+0.1%) and e-Finance (+0.1%).In the red: Fawry (-7.1%), Ibnsina Pharma (-5.8%) and\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/551615","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=551615"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/551615\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/551605"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=551615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=551615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=551615"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=551615"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=551615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}