{"id":556851,"date":"2021-10-24T13:40:12","date_gmt":"2021-10-24T13:40:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/market-roundup-on-24-october\/"},"modified":"2021-10-24T13:40:12","modified_gmt":"2021-10-24T13:40:12","slug":"market-roundup-on-24-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/market-roundup-on-24-october\/","title":{"rendered":"Market roundup on 24 October"},"content":{"rendered":"<p><strong>The EGX30 rose 0.5% at today\u2019s close<\/strong> on turnover of EGP 1.40 bn (8.1% below the 90-day average). Local investors were net buyers. The index is up <sup><\/sup>3.1% YTD.<\/p>\n<p><strong>In the green: <\/strong>Abou Kir Fertilizers (+10.5%), Orascom Development Egypt (+10.0%) and Egypt Kuwait Holding-EGP (+4.0%).<\/p>\n<p><strong>In the red: <\/strong>Fawry (-6.3%), Pioneers Properties (-2.8%) and Gadwa Industrial Development (-2.6%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 rose 0.5% at today\u2019s close on turnover of EGP 1.40 bn (8.1% below the 90-day average). Local investors were net buyers. The index is up 3.1% YTD. In the green: Abou Kir Fertilizers (+10.5%), Orascom Development Egypt (+10.0%) and Egypt Kuwait Holding-EGP (+4.0%). In the red: Fawry (-6.3%), Pioneers Properties (-2.8%) and Gadwa [&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-556851","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":"bb231b85-8f1a-4424-a0d8-7a85d92acc41","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[556843],"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>Market roundup on 24 October - 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\/2021\/10\/24\/market-roundup-on-24-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market roundup on 24 October\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose 0.5% at today\u2019s close on turnover of EGP 1.40 bn (8.1% below the 90-day average). Local investors were net buyers. The index is up 3.1% YTD. In the green: Abou Kir Fertilizers (+10.5%), Orascom Development Egypt (+10.0%) and Egypt Kuwait Holding-EGP (+4.0%). In the red: Fawry (-6.3%), Pioneers Properties (-2.8%) and Gadwa [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/market-roundup-on-24-october\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-24T13:40:12+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\/2021\/10\/24\/market-roundup-on-24-october\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/market-roundup-on-24-october\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Market roundup on 24 October\",\"datePublished\":\"2021-10-24T13:40:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/market-roundup-on-24-october\/\"},\"wordCount\":56,\"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\/2021\/10\/24\/market-roundup-on-24-october\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/market-roundup-on-24-october\/\",\"name\":\"Market roundup on 24 October - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-10-24T13:40:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/market-roundup-on-24-october\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/market-roundup-on-24-october\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/market-roundup-on-24-october\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market roundup on 24 October\"}]},{\"@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":"Market roundup on 24 October - 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\/2021\/10\/24\/market-roundup-on-24-october\/","og_locale":"en_US","og_type":"article","og_title":"Market roundup on 24 October","og_description":"The EGX30 rose 0.5% at today\u2019s close on turnover of EGP 1.40 bn (8.1% below the 90-day average). 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Revenues rose 32.3% y-o-y to EGP 1.93 bn.MARKET ROUNDUP-The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 644 mn (25.5% above the 90-day average). Local investors were\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":545439,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/29\/earnings-watch-gadwa-industrial-development-pioneer-properties\/","url_meta":{"origin":556851,"position":1},"title":"Earnings watch: Gadwa Industrial Development, Pioneer Properties","author":"enterpriseam admin","date":"29 March 2022","format":false,"excerpt":"EARNINGS WATCH- Gadwa Industrial Development achieved a bottom line of EGP 115.19 mn in 4Q2021, according to the company\u2019s financials (pdf). The company was founded in October. Gadwa\u2019s revenues during the period reached EGP 230.65 mn.Pioneers Properties recorded a bottom line of EGP 298.41 mn in 4Q2021 \u2014 the three-month\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":579720,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/15\/earnings-watch-ibnsina-pharma-export-development-bank\/","url_meta":{"origin":556851,"position":2},"title":"Earnings watch: Ibnsina Pharma, Export Development Bank,","author":"enterpriseam admin","date":"15 November 2022","format":false,"excerpt":"Ibnsina Pharma\u2019s net income after minority interest fell 50.6% y-o-y to EGP 119.60 mn in 9M 2022, according to the company\u2019s earnings release (pdf). Net revenue during the period inched up 0.4% y-o-y to EGP 15.81 bn.Export Development Bank of Egypt\u2019s net income rose 125.6% y-o-y to EGP 993.5 mn\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":553231,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/","url_meta":{"origin":556851,"position":3},"title":"What the markets are doing on 27 October, 2022","author":"enterpriseam admin","date":"27 October 2022","format":false,"excerpt":"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\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":661607,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/02\/what-the-markets-are-doing-on-2-march-2025\/","url_meta":{"origin":556851,"position":4},"title":"What the markets are doing on 2 March 2025","author":"enterpriseam admin","date":"2 March 2025","format":false,"excerpt":"The EGX30 rose 0.8% at today\u2019s close on turnover of EGP 2.6 bn (27.6% below the 90-day average). Local investors were the sole net buyers. The index is up 3.8% YTD.In the green: Fawry (+4.4%), Egypt Kuwait Holding- EGP (+3.3%), and Orascom Development (+3.2%).In the red: Juhayna (-1.6%), Edita (-1.6%),\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":658599,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/13\/what-the-markets-are-doing-on-13-january\/","url_meta":{"origin":556851,"position":5},"title":"What the markets are doing on 13 January","author":"enterpriseam admin","date":"13 January 2025","format":false,"excerpt":"The EGX30 fell 2.5% at today\u2019s close on turnover of EGP 3.8 bn (0.4% below the 90-day average). Egyptian investors were the sole net buyers. The index is down 4.0% YTD.In the green: Egypt Kuwait Holding- EGP (+2.4%), AMOC (+2.4%) and Ezz Steel (+2.3%).In the red: TMG Holding (-6.0%), EFG\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\/556851","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=556851"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/556851\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/556843"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=556851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=556851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=556851"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=556851"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=556851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}