{"id":558102,"date":"2021-09-26T13:25:41","date_gmt":"2021-09-26T13:25:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/"},"modified":"2021-09-26T13:25:41","modified_gmt":"2021-09-26T13:25:41","slug":"the-market-roundup-on-26-september","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/","title":{"rendered":"The market roundup on 26 September"},"content":{"rendered":"

The EGX30 rose less than 0.1% at today\u2019s close<\/strong> on turnover of EGP 1.17 bn (26.1% below the 90-day average). Foreign investors were net sellers. The index is down 1.8% YTD.<\/p>\n

In the green: <\/strong>Egypt Kuwait Holding\u2019s EGP shares (+5.2%), Cleopatra Hospital (+3.1%) and Eastern Company (+2.9%).<\/p>\n

In the red: <\/strong>Speed Medical (-2.4%), Ibnsina Pharma (-2.1%) and Ezz Steel (-1.7%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 rose less than 0.1% at today\u2019s close on turnover of EGP 1.17 bn (26.1% below the 90-day average). Foreign investors were net sellers. The index is down 1.8% YTD. In the green: Egypt Kuwait Holding\u2019s EGP shares (+5.2%), Cleopatra Hospital (+3.1%) and Eastern Company (+2.9%). In the red: Speed Medical (-2.4%), Ibnsina Pharma […]<\/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":[68,633,642,1301],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558102","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-egx","tag-enterprisepm","tag-go-with-the-flow","tag-market-watch","wpautop","entry"],"acf":{"mongo_id":"a46080d6-7aff-4efb-9938-005537631b7d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[558095],"teaser":"","voice_url":""},"yoast_head":"\nThe market roundup on 26 September - 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\/09\/26\/the-market-roundup-on-26-september\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The market roundup on 26 September\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose less than 0.1% at today\u2019s close on turnover of EGP 1.17 bn (26.1% below the 90-day average). Foreign investors were net sellers. The index is down 1.8% YTD. In the green: Egypt Kuwait Holding\u2019s EGP shares (+5.2%), Cleopatra Hospital (+3.1%) and Eastern Company (+2.9%). In the red: Speed Medical (-2.4%), Ibnsina Pharma […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-26T13:25:41+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\/09\/26\/the-market-roundup-on-26-september\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The market roundup on 26 September\",\"datePublished\":\"2021-09-26T13:25:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/\"},\"wordCount\":60,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EGX\",\"EnterprisePM\",\"Go with the Flow\",\"Market Watch\"],\"articleSection\":[\"GO WITH THE FLOW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/\",\"name\":\"The market roundup on 26 September - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-09-26T13:25:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-market-roundup-on-26-september\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The market roundup on 26 September\"}]},{\"@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":"The market roundup on 26 September - 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\/09\/26\/the-market-roundup-on-26-september\/","og_locale":"en_US","og_type":"article","og_title":"The market roundup on 26 September","og_description":"The EGX30 rose less than 0.1% at today\u2019s close on turnover of EGP 1.17 bn (26.1% below the 90-day average). 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The dividend will be distributed on 30 November, as per the general assembly\u2019s approval (pdf) on 5 November. The company\u2019s net income more\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":607953,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/11\/what-the-markets-are-doing-on-11-october-2023\/","url_meta":{"origin":558102,"position":1},"title":"What the markets are doing on 11 October, 2023","author":"enterpriseam admin","date":"11 October 2023","format":false,"excerpt":"MARKET NEWS- Orascom Construction will be paying dividends of EGP 8.5 per share on the company\u2019s 2022 earnings, it said in a filing to the EGX (pdf). Payouts will be made on 31 October. MARKET ROUNDUP- The EGX30 fell 0.4% at today\u2019s close on turnover of EGP 2.1 bn (3.3%\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":603193,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/14\/what-the-markets-are-doing-on-14-august-2023\/","url_meta":{"origin":558102,"position":2},"title":"What the markets are doing on 14 August, 2023","author":"enterpriseam admin","date":"14 August 2023","format":false,"excerpt":"EARNINGS WATCH- Telecom Egypt reported EGP 2.9 bn in net income after tax in 2Q 2023 , up 19% y-o-y, according to its earnings release ( pdf ). The company\u2019s revenues came in at EGP 14.2 bn during the quarter, rising 29% y-o-y. Telecom Egypt\u2019s net income after tax in\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":603561,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/15\/what-the-markets-are-doing-on-15-august-2023\/","url_meta":{"origin":558102,"position":3},"title":"What the markets are doing on 15 August, 2023","author":"enterpriseam admin","date":"15 August 2023","format":false,"excerpt":"EARNINGS WATCH- Oriental Weavers reported EGP 290 mn in attributable net income in 2Q 2023, up 37% y-o-y, according to the company\u2019s earnings release (pdf). The company\u2019s revenues rose 31% y-o-y to EGP 4.3 bn during the quarter. Net income in 1H 2023 climbed 56% y-o-y to EGP 700 mn,\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":608390,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/what-the-markets-are-doing-on-18-october-2023\/","url_meta":{"origin":558102,"position":4},"title":"What the markets are doing on 18 October, 2023","author":"enterpriseam admin","date":"18 October 2023","format":false,"excerpt":"EARNINGS WATCH-Ezz Steel\u2019s bottom line plummeted nearly 120% y-o-y to a loss of roughly EGP 809.8 mn in 1H 2023, while revenues grew 61.7% y-o-y to EGP 62.3 bn from EGP 38.5 bn in the same period, according to the company\u2019s financial statement (pdf).REMEMBER- In July,Ezz Steel committed to a\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":605347,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/earnings-watch-abu-qir-fertilizers-mopco\/","url_meta":{"origin":558102,"position":5},"title":"Earnings watch: Abu Qir Fertilizers + Mopco","author":"enterpriseam admin","date":"29 August 2023","format":false,"excerpt":"EARNINGS WATCH- Abu Qir Fertilizers\u2019 net income dipped to EGP 1.68 bn in 4Q 2022, down 19.5% y-o-y, according to the company\u2019s earnings release ( pdf ). The company\u2019s revenues dropped 0.7% y-o-y to EGP 4.3 bn during the quarter. On a full-year basis, Abu Qir reported EGP 14.6 bn\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\/558102","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=558102"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/558102\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/558095"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=558102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=558102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=558102"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=558102"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=558102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}