{"id":552904,"date":"2022-10-09T13:14:29","date_gmt":"2022-10-09T13:14:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/what-the-markets-are-doing-on-9-october-2022\/"},"modified":"2022-10-09T13:14:29","modified_gmt":"2022-10-09T13:14:29","slug":"what-the-markets-are-doing-on-9-october-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/what-the-markets-are-doing-on-9-october-2022\/","title":{"rendered":"What the markets are doing on 9 October, 2022"},"content":{"rendered":"<p><strong>The EGX30 fell 0.7% at today\u2019s close<\/strong> on turnover of EGP 560.6 mn (42.1% below the 90-day average). Regional investors were net buyers. The index is down 16.8% YTD.<\/p>\n<p><strong>In the green: <\/strong>Alexandria Containers and Goods (+3.5%), Rameda Pharma (+3.0%) and Qalaa Holding (+2.0%).<\/p>\n<p><strong>In the red: <\/strong>Madinet Nasr for Housing and Development (-2.7%), Fawry (-2.5%) and Heliopolis Housing and Development (-2.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 fell 0.7% at today\u2019s close on turnover of EGP 560.6 mn (42.1% below the 90-day average). Regional investors were net buyers. The index is down 16.8% YTD. In the green: Alexandria Containers and Goods (+3.5%), Rameda Pharma (+3.0%) and Qalaa Holding (+2.0%). In the red: Madinet Nasr for Housing and Development (-2.7%), Fawry [&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-552904","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":"faa3b4c1-e5b0-499e-aa7d-dfd7518105aa","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[552891],"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 9 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\/09\/what-the-markets-are-doing-on-9-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 9 October, 2022\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 0.7% at today\u2019s close on turnover of EGP 560.6 mn (42.1% below the 90-day average). Regional investors were net buyers. The index is down 16.8% YTD. In the green: Alexandria Containers and Goods (+3.5%), Rameda Pharma (+3.0%) and Qalaa Holding (+2.0%). In the red: Madinet Nasr for Housing and Development (-2.7%), Fawry [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/what-the-markets-are-doing-on-9-october-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-09T13:14:29+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\/09\/what-the-markets-are-doing-on-9-october-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/what-the-markets-are-doing-on-9-october-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 9 October, 2022\",\"datePublished\":\"2022-10-09T13:14:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/what-the-markets-are-doing-on-9-october-2022\/\"},\"wordCount\":63,\"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\/09\/what-the-markets-are-doing-on-9-october-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/what-the-markets-are-doing-on-9-october-2022\/\",\"name\":\"What the markets are doing on 9 October, 2022 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-10-09T13:14:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/what-the-markets-are-doing-on-9-october-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/what-the-markets-are-doing-on-9-october-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/what-the-markets-are-doing-on-9-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 9 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 9 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\/09\/what-the-markets-are-doing-on-9-october-2022\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 9 October, 2022","og_description":"The EGX30 fell 0.7% at today\u2019s close on turnover of EGP 560.6 mn (42.1% below the 90-day average). 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Local investors were net sellers. The index is down 7.3% YTD.In the green: Egypt Kuwait Holding-EGP (+9.7%), QNB Al Ahly (+9.3%) and CIB (+9.2%).In the red: Housing and Development Bank (-2.2%), Madinet\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":551125,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/26\/earnings-watch-hdb-heliopolis-housing-report-1q-2022-results\/","url_meta":{"origin":552904,"position":1},"title":"Earnings watch: HDB + Heliopolis Housing report 1Q 2022 results","author":"enterpriseam admin","date":"26 May 2022","format":false,"excerpt":"EARNINGS WATCH-Housing and Development Bank\u2019s (HDB) net income fell 3.5% y-o-y in 1Q 2022 to EGP 628 mn, according to the bank\u2019s latest financial statement (pdf). The bank\u2019s net interest income rose 18.6% y-o-y to EGP 976.50 mn.Heliopolis Housing and Development\u2019s 1Q 2022 bottom line fell 96.9% y-o-y to EGP\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":580628,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/10\/what-the-markets-are-doing-on-10-january-2023\/","url_meta":{"origin":552904,"position":2},"title":"What the markets are doing on 10 January, 2023","author":"enterpriseam admin","date":"10 January 2023","format":false,"excerpt":"The EGX30 fell 3.9% at today\u2019s close on turnover of EGP 2.4 bn (48.7% above the 90-day average). Local investors were net buyers. The index is up 5.9% YTD.In the green: Heliopolis Housing (+2.4%), Housing and Development Bank (+0.5%).In the red: Palm Hills Development (-6.6%), EFG Hermes (-6.4%) and CIB\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":552287,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/24\/what-the-markets-are-doing-on-24-august-2022\/","url_meta":{"origin":552904,"position":3},"title":"What the markets are doing on 24 August, 2022","author":"enterpriseam admin","date":"24 August 2022","format":false,"excerpt":"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 1.32 bn (37.6% above the 90-day average). Foreign investors were net sellers. The index is down 15.4% YTD.In the green: Rameda (+2.9%), Housing & Development Bank (+1.8%) and Alexandria Containers (+1.5%).In the red: Palm Hills Development (-2.1%), Heliopolis Housing\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":564406,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/earnings-heliopolis-housing-housing-and-development-bank-mb-engineering\/","url_meta":{"origin":552904,"position":4},"title":"Earnings: Heliopolis Housing, Housing and Development Bank + MB Engineering","author":"enterpriseam admin","date":"30 August 2021","format":false,"excerpt":"Minapharm Pharma bottomline more than doubled during 2Q2021, recording EGP 130.5 mn compared to EGP 48.2 mn last year, according to its financial statement (pdf). Revenues during the quarter were up 33% to EGP 681.4 mn from EGP 510 mn last year.MB Engineering recorded a net income of EGP 1.4\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":580843,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/22\/what-the-markets-are-doing-on-22-january-2023\/","url_meta":{"origin":552904,"position":5},"title":"What the markets are doing on 22 January, 2023","author":"enterpriseam admin","date":"22 January 2023","format":false,"excerpt":"MARKET NEWS-Alexandria Containers and Cargo Handling will distribute EGP 1.67 bn worth of dividends, it said in an EGX disclosure (pdf). The company will pay out EGP 1.1127 per share on 13 February. MARKET ROUNDUP-The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 2.15 bn (26.4% above 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552904","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=552904"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552904\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/552891"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=552904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=552904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=552904"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=552904"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=552904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}