{"id":552818,"date":"2022-10-02T13:20:11","date_gmt":"2022-10-02T13:20:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/"},"modified":"2022-10-02T13:20:11","modified_gmt":"2022-10-02T13:20:11","slug":"what-the-markets-are-doing-on-2-october-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/","title":{"rendered":"What the markets are doing on 2 October, 2022"},"content":{"rendered":"<p><strong>The EGX30 fell 1.4% at today\u2019s close<\/strong> on turnover of EGP 724.08 mn (24% below the 90-day average). Local investors were net buyers. The index is down 18.9% YTD.<\/p>\n<p><strong>In the green: <\/strong>Juhayna (+0.4%), Elsewedy Electric (+0.4%) and e-Finance (+0.3%).<\/p>\n<p><strong>In the red: <\/strong>Madinet Nasr Housing (-4.5%), Rameda (-3.3%) and Palm Hills Development (-3.2%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 fell 1.4% at today\u2019s close on turnover of EGP 724.08 mn (24% below the 90-day average). Local investors were net buyers. The index is down 18.9% YTD. In the green: Juhayna (+0.4%), Elsewedy Electric (+0.4%) and e-Finance (+0.3%). In the red: Madinet Nasr Housing (-4.5%), Rameda (-3.3%) and Palm Hills Development (-3.2%).<\/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-552818","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":"c151785a-991e-4288-a3c4-c992f8a34bbb","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[552809],"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 2 October, 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\/10\/02\/what-the-markets-are-doing-on-2-october-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 2 October, 2022\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 1.4% at today\u2019s close on turnover of EGP 724.08 mn (24% below the 90-day average). Local investors were net buyers. The index is down 18.9% YTD. In the green: Juhayna (+0.4%), Elsewedy Electric (+0.4%) and e-Finance (+0.3%). In the red: Madinet Nasr Housing (-4.5%), Rameda (-3.3%) and Palm Hills Development (-3.2%).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-02T13:20:11+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\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 2 October, 2022\",\"datePublished\":\"2022-10-02T13:20:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/\"},\"wordCount\":55,\"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\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/\",\"name\":\"What the markets are doing on 2 October, 2022 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-10-02T13:20:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/what-the-markets-are-doing-on-2-october-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 2 October, 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 2 October, 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\/10\/02\/what-the-markets-are-doing-on-2-october-2022\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 2 October, 2022","og_description":"The EGX30 fell 1.4% at today\u2019s close on turnover of EGP 724.08 mn (24% below the 90-day average). 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Foreign investors were net sellers. The index is down 5.0% YTD.In the green: SODIC (+3.3%), CI Capital (+2.7%) and Telecom Egypt (+2.5%).In the red: GB Auto (-1.1%), Credit Agricole (-0.4%) and Orascom\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":579567,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/07\/what-the-markets-are-doing-on-7-november-2022\/","url_meta":{"origin":552818,"position":1},"title":"What the markets are doing on 7 November, 2022","author":"enterpriseam admin","date":"7 November 2022","format":false,"excerpt":"The EGX30 rose 2.4% at today\u2019s close on turnover of EGP 1.15 bn (5.8% above the 90-day average). Local investors were net sellers. The index is down 4.2% YTD.In the green: GB Auto (+5.2%), Telecom Egypt (+5.0%) and Talaat Moustafa Holding (+4.7%).In the red: Qalaa Holding (-0.4%), Palm Hills Development\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":566623,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/egx30-goes-up-in-first-trading-session-of-the-week\/","url_meta":{"origin":552818,"position":2},"title":"EGX30 goes up in first trading session of the week","author":"enterpriseam admin","date":"4 July 2021","format":false,"excerpt":"The EGX30 rose 0.9% at today\u2019s close on turnover of EGP 897 mn (27.7% below the 90-day average). Foreign investors were net buyers. The index is down 4.6% YTD.In the green: TMG Holding (+4.8%), Abou Kir Fertilizers (+3.8%) and EFG Hermes (+2.1%).In the red: MM Group (-1.0%), Cleopatra Hospital (-0.4%)\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":543258,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/19\/market-roundup-on-19-january\/","url_meta":{"origin":552818,"position":3},"title":"Market roundup on 19 January","author":"enterpriseam admin","date":"19 January 2022","format":false,"excerpt":"The EGX30 fell 1.4% at today\u2019s close on turnover of EGP 724 mn (37.5% below the 90-day average). Local investors were net buyers. The index is down 2.0% YTD.In the green: TMG Holding (+1.0%) and Orascom Development Egypt (+0.4%).In the red: MM Group (-4.4%), CIRA (-4.3%) and Rameda (-2.9%).","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":565421,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/07\/the-market-on-7-april-2021\/","url_meta":{"origin":552818,"position":4},"title":"The market on 7 April 2021","author":"enterpriseam admin","date":"7 April 2021","format":false,"excerpt":"The EGX30 fell 0.4% at today\u2019s close on turnover of EGP 1.0 bn (28.9% above the 90-day average). Local investors were net sellers. The index is down 5.7% YTD.In the green: CI Capital (+3.1%), AMOC (+2.5%) and Telecom Egypt (+0.8%).In the red: Edita (-3.7%), SODIC (-2.6%) and GB Auto (-2.2%).","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":545198,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/10\/the-market-on-10-march-2022\/","url_meta":{"origin":552818,"position":5},"title":"The market on 10 March 2022","author":"enterpriseam admin","date":"10 March 2022","format":false,"excerpt":"The EGX30 rose 0.4% at today\u2019s close on turnover of EGP 996 mn (6.3% above the 90-day average). Foreign investors were net sellers. The index is up\/down 12.5% YTD.In the green: Heliopolis Housing (+4.2%), Fawry (+2.8%) and Ezz Steel (+2.6%).In the red: Cleopatra Hospital (-3.0%), CIRA (-2.9%) and Sidi Kerir\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\/552818","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=552818"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552818\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/552809"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=552818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=552818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=552818"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=552818"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=552818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}