{"id":552758,"date":"2022-09-27T13:23:42","date_gmt":"2022-09-27T13:23:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/27\/what-the-markets-are-doing-on-27-september-2022\/"},"modified":"2022-09-27T13:23:42","modified_gmt":"2022-09-27T13:23:42","slug":"what-the-markets-are-doing-on-27-september-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/27\/what-the-markets-are-doing-on-27-september-2022\/","title":{"rendered":"What the markets are doing on 27 September, 2022"},"content":{"rendered":"

The EGX30 fell 0.1% at today\u2019s close<\/strong> on turnover of EGP 1.07 bn (11.6% above the 90-day average). Foreign investors were net sellers. The index is down 18.8% YTD.<\/p>\n

In the green: <\/strong>Qalaa Holding (+4.6%), Madinet Nasr Housing and Development (+3.8%) and CIRA (+3.4%).<\/p>\n

In the red: <\/strong>CIB (-1.6%), Cleopatra Hospitals (-1.0%) and Egypt Kuwait Holding-EGP (-1.0%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 0.1% at today\u2019s close on turnover of EGP 1.07 bn (11.6% above the 90-day average). Foreign investors were net sellers. The index is down 18.8% YTD. In the green: Qalaa Holding (+4.6%), Madinet Nasr Housing and Development (+3.8%) and CIRA (+3.4%). In the red: CIB (-1.6%), Cleopatra Hospitals (-1.0%) and Egypt Kuwait […]<\/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-552758","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":"9a27b398-a119-4bdf-bdf7-2a0c95a2ed88","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[552749],"teaser":"","voice_url":""},"yoast_head":"\nWhat the markets are doing on 27 September, 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\/09\/27\/what-the-markets-are-doing-on-27-september-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 27 September, 2022\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 0.1% at today\u2019s close on turnover of EGP 1.07 bn (11.6% above the 90-day average). 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The company recorded operational revenues of EGP 362.4 mn and total revenues of EGP 522.1\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":543103,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/09\/porto-group-rebrands-to-arab-developers-holding\/","url_meta":{"origin":552758,"position":1},"title":"Porto Group rebrands to Arab Developers Holding","author":"enterpriseam admin","date":"9 January 2022","format":false,"excerpt":"MARKET NEWS-Porto Group is changing its name to Arab Developers Holding after receiving board approval, according to a bourse disclosure (pdf) today.MARKET ROUNDUP- The EGX30 fell 0.5% at today\u2019s close on turnover of EGP 484 mn (61.3% below the 90-day average). 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":551084,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/earnings-watch-egytrans-tmg-holding\/","url_meta":{"origin":552758,"position":2},"title":"Earnings watch: Egytrans, TMG Holding","author":"enterpriseam admin","date":"24 May 2022","format":false,"excerpt":"EARNINGS WATCH- Egytrans turned to the black in 1Q2022, recording a bottom line of EGP 3.17 mn compared to EGP 20.05k in net losses in 1Q2021, according to Egytrans\u2019 financials (pdf). Revenues also rose 64.8% y-o-y in 1Q2022 to EGP 94.29 mn.TMG Holding saw its bottom line increase 27% y-o-y\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":551167,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/earnings-watch-prime-holding-gsk\/","url_meta":{"origin":552758,"position":3},"title":"Earnings watch: Prime Holding, GSK,","author":"enterpriseam admin","date":"30 May 2022","format":false,"excerpt":"EARNINGS WATCH- Prime Holding\u2019s bottom-line losses widened further in 1Q2022 to EGP 17.5 mn compared to EGP 11.4 mn in 1Q2021, according to an earnings release (pdf). Revenues fell 38% in 1Q2022 to EGP 20.1 mn.GlaxoSmithKline saw its bottom line soar 449.3% y-o-y in 2021 to EGP 154.63 mn, according\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":556907,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/27\/market-roundup-on-27-october\/","url_meta":{"origin":552758,"position":4},"title":"Market roundup on 27 October","author":"enterpriseam admin","date":"27 October 2021","format":false,"excerpt":"The EGX30 rose 1.0% at today\u2019s close on turnover of EGP 1.21 bn (20.7% below the 90-day average). Foreign investors were net sellers. The index is up 4.8% YTD.In the green: Aspire Capital (+3.5%), CIRA (+3.3%) and CIB (+3.1%).In the red: Rameda (-5.2%), Ibnsina Pharma (-3.8%) and Egypt Kuwait Holding-EGP\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":545102,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/03\/earnings-watch-telecom-egypt-ezz-steel\/","url_meta":{"origin":552758,"position":5},"title":"Earnings watch: Telecom Egypt, Ezz Steel","author":"enterpriseam admin","date":"3 March 2022","format":false,"excerpt":"EARNINGS WATCH- Telecom Egypt recorded a net income of EGP 8.4 bn in FY2021, up 75% y-o-y, according to the company\u2019s financials (pdf) out today. 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