{"id":553231,"date":"2022-10-27T13:20:05","date_gmt":"2022-10-27T13:20:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/"},"modified":"2022-10-27T13:20:05","modified_gmt":"2022-10-27T13:20:05","slug":"what-the-markets-are-doing-on-27-october-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/","title":{"rendered":"What the markets are doing on 27 October, 2022"},"content":{"rendered":"<p><strong>The EGX30 rose 4.9% at today\u2019s close<\/strong> on turnover of EGP 2.3 bn (55.1% above the 90-day average). Local investors were net sellers. The index is down 7.3% YTD.<\/p>\n<p><strong>In the green: <\/strong>Egypt Kuwait Holding-EGP (+9.7%), QNB Al Ahly (+9.3%) and CIB (+9.2%).<\/p>\n<p><strong>In the red: <\/strong>Housing and Development Bank (-2.2%), Madinet Nasr Housing and Development (-1.5%) and Heliopolis Housing and Development (-1.3%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 rose 4.9% at today\u2019s close on turnover of EGP 2.3 bn (55.1% above the 90-day average). 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 Nasr Housing and [&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-553231","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":"b2932c71-ea58-4374-9af0-9f42f5efa4f0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[553227],"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 27 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\/27\/what-the-markets-are-doing-on-27-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 27 October, 2022\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose 4.9% at today\u2019s close on turnover of EGP 2.3 bn (55.1% above the 90-day average). 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 Nasr Housing and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-27T13:20:05+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\/27\/what-the-markets-are-doing-on-27-october-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 27 October, 2022\",\"datePublished\":\"2022-10-27T13:20:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/\"},\"wordCount\":64,\"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\/27\/what-the-markets-are-doing-on-27-october-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/\",\"name\":\"What the markets are doing on 27 October, 2022 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-10-27T13:20:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-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 27 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 27 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\/27\/what-the-markets-are-doing-on-27-october-2022\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 27 October, 2022","og_description":"The EGX30 rose 4.9% at today\u2019s close on turnover of EGP 2.3 bn (55.1% above the 90-day average). 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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":564406,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/earnings-heliopolis-housing-housing-and-development-bank-mb-engineering\/","url_meta":{"origin":553231,"position":1},"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":646185,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/07\/govt-allocates-extra-egp-500-mn-for-informal-housing-development\/","url_meta":{"origin":553231,"position":2},"title":"Gov\u2019t allocates extra EGP 500 mn for informal housing development","author":"enterpriseam admin","date":"7 June 2017","format":false,"excerpt":"The Planning Ministry approved allocating an extra EGP 500 mn for the Housing Ministry\u2019s fund for informal housing development for FY 2016-17, Al Masry Al Youm reports. Funding will go to Cairo, Gharbiya, Alexandria, and Port Said. 65% of the money will be spent on Al Asmarat neighborhood in Moqattam.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"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":553231,"position":3},"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":[]},{"id":646183,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/07\/heliopolis-housing-taps-global-lease-for-egp-100-mn-funding\/","url_meta":{"origin":553231,"position":4},"title":"Heliopolis Housing taps Global Lease for EGP 100 mn funding","author":"enterpriseam admin","date":"7 June 2017","format":false,"excerpt":"Heliopolis Company for Housing & Development tapped Global Lease for a financial lease contract worth EGP 100 mn, according to an EGX filing. The funds will go towards water treatment projects for the New Heliopolis development. The contract matures in seven years and repayment will be made quarterly.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":585532,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/19\/what-the-markets-are-doing-on-19-april-2023\/","url_meta":{"origin":553231,"position":5},"title":"What the markets are doing on 19 April, 2023","author":"enterpriseam admin","date":"19 April 2023","format":false,"excerpt":"Madinet Masr for Housing and Development (MNHD) will pay out dividends of EGP 0.15 per share to its shareholders, according to an EGX disclosure (pdf). The dividends will be paid in two batches, with one in May and the second in October. 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