{"id":552927,"date":"2022-10-10T13:16:07","date_gmt":"2022-10-10T13:16:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/10\/what-the-markets-are-doing-on-10-october-2022\/"},"modified":"2022-10-10T13:16:07","modified_gmt":"2022-10-10T13:16:07","slug":"what-the-markets-are-doing-on-10-october-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/10\/what-the-markets-are-doing-on-10-october-2022\/","title":{"rendered":"What the markets are doing on 10 October, 2022"},"content":{"rendered":"

MARKET NEWS- <\/strong><\/p>\n

EGX-listed education outfit CIRA will pay out dividends of EGP 0.21 a share<\/strong> for FY 2020-2021, redeemable on 26 October. (Regulatory filing, pdf<\/a>)<\/p>\n

\n

MARKET ROUNDUP-<\/strong><\/p>\n

The EGX30 rose 0.1% at today\u2019s close<\/strong> on turnover of EGP 1.15 bn (15.9% above the 90-day average). Foreign investors were net sellers. The index is down 16.7% YTD.<\/p>\n

In the green: <\/strong>Sidi Kerir Petrochemicals (+3.0%), Housing and Development Bank (+2.6%) and Alexandria Containers and Cargo Handling (+1.9%).<\/p>\n

In the red: <\/strong>Qalaa Holdings (-2.1%), Orascom Construction (-1.6%) and Ibnsina Pharma (-1.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"

MARKET NEWS- EGX-listed education outfit CIRA will pay out dividends of EGP 0.21 a share for FY 2020-2021, redeemable on 26 October. (Regulatory filing, pdf) MARKET ROUNDUP- The EGX30 rose 0.1% at today\u2019s close on turnover of EGP 1.15 bn (15.9% above the 90-day average). Foreign investors were net sellers. The index is down 16.7% […]<\/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":[402,1053,68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-552927","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-cira-education","tag-dividends","tag-egx","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"90b95a99-11bf-48ec-9153-b8ad7053d427","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[552915],"teaser":"","voice_url":""},"yoast_head":"\nWhat the markets are doing on 10 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\/10\/what-the-markets-are-doing-on-10-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 10 October, 2022\" \/>\n<meta property=\"og:description\" content=\"MARKET NEWS- EGX-listed education outfit CIRA will pay out dividends of EGP 0.21 a share for FY 2020-2021, redeemable on 26 October. 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MARKET ROUNDUP- The EGX30 rose\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":624594,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/cira-to-acquire-additional-24-stake-in-al-saeed-education-services\/","url_meta":{"origin":552927,"position":1},"title":"CIRA to acquire additional 24% stake in Al Saeed Education Services","author":"enterpriseam admin","date":"13 September 2018","format":false,"excerpt":"**#5 M&A WATCH- CIRA to acquire additional 24% stake in Al Saeed Education Services: Leading private sector education provider Cairo Investment and Real Estate Development (CIRA) announced yesterday that it intends to acquire an additional 24% stake in its subsidiary Al Saeed Education Services for EGP 10 mn, according to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564367,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/26\/new-closing-share-price-mechanism-will-come-on-5-september\/","url_meta":{"origin":552927,"position":2},"title":"New closing share price mechanism will come on 5 September","author":"enterpriseam admin","date":"26 August 2021","format":false,"excerpt":"MARKET NEWS- The date for instituting the new mechanism for calculating closing share prices has been moved to Sunday, 5 September, from Thursday, 2 September, the bourse said in a statement (pdf) today. No reason was given for the push. Approved by the EGX earlier this month, a \u201cpre-close auction\u201d\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":607792,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/09\/what-the-markets-are-doing-on-9-october-2023\/","url_meta":{"origin":552927,"position":3},"title":"What the markets are doing on 9 October, 2023","author":"enterpriseam admin","date":"9 October 2023","format":false,"excerpt":"The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 1.1 bn (49.4% below the 90-day average). Regional investors were net buyers. The index is up 33.0% YTD. In the green: Juhayna (+7.7%), Telecom Egypt (+2.2%) and CIRA Education (+1.8%). In the red: Orascom Development (-2.6%), Abu Qir Fertilizers\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":586603,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/14\/what-the-markets-are-doing-on-14-may-2023\/","url_meta":{"origin":552927,"position":4},"title":"What the markets are doing on 14 May, 2023","author":"enterpriseam admin","date":"14 May 2023","format":false,"excerpt":"EARNINGS WATCH-Abu Dhabi Islamic Bank Egypt reported a consolidated net income after tax of EGP 1.01 bn in 1Q 2023, up 126.6% y-o-y, according to anEGX disclosure (pdf). Its net income from funds rose to EGP 1.81 bn, up 85.9% y-o-y during the same period last year. Credit Agricole\u2019s net\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":552927,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552927","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=552927"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552927\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/552915"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=552927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=552927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=552927"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=552927"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=552927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}