{"id":558158,"date":"2021-09-29T13:35:33","date_gmt":"2021-09-29T13:35:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/"},"modified":"2021-09-29T13:35:33","modified_gmt":"2021-09-29T13:35:33","slug":"market-roundup-on-29-september","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/","title":{"rendered":"Market roundup on 29 September"},"content":{"rendered":"<p><strong>The EGX30 fell 0.5% at today\u2019s close<\/strong> on turnover of EGP 986 mn (37.8% below the 90-day average). Foreign investors were net sellers. The index is down 4.2% YTD.<\/p>\n<p><strong>In the green: <\/strong>AMOC (+7.7%), Ezz Steel (+3.3%) and Fawry (+2.5%).<\/p>\n<p><strong>In the red: <\/strong>Eastern Company (-3.3%), Pioneers Holding (-2.7%) and Credit Agricole Egypt (-2.7%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 fell 0.5% at today\u2019s close on turnover of EGP 986 mn (37.8% below the 90-day average). Foreign investors were net sellers. The index is down 4.2% YTD. In the green: AMOC (+7.7%), Ezz Steel (+3.3%) and Fawry (+2.5%). In the red: Eastern Company (-3.3%), Pioneers Holding (-2.7%) and Credit Agricole Egypt (-2.7%).<\/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":[68,633,642,1301],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558158","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":"68496807-747f-4786-b5f7-f46767aff38d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[558150],"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 29 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\/29\/market-roundup-on-29-september\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market roundup on 29 September\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 0.5% at today\u2019s close on turnover of EGP 986 mn (37.8% below the 90-day average). Foreign investors were net sellers. The index is down 4.2% YTD. In the green: AMOC (+7.7%), Ezz Steel (+3.3%) and Fawry (+2.5%). In the red: Eastern Company (-3.3%), Pioneers Holding (-2.7%) and Credit Agricole Egypt (-2.7%).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-29T13:35:33+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\/29\/market-roundup-on-29-september\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Market roundup on 29 September\",\"datePublished\":\"2021-09-29T13:35:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/\"},\"wordCount\":52,\"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\/29\/market-roundup-on-29-september\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/\",\"name\":\"Market roundup on 29 September - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-09-29T13:35:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/29\/market-roundup-on-29-september\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market roundup on 29 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":"Market roundup on 29 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\/29\/market-roundup-on-29-september\/","og_locale":"en_US","og_type":"article","og_title":"Market roundup on 29 September","og_description":"The EGX30 fell 0.5% at today\u2019s close on turnover of EGP 986 mn (37.8% below the 90-day average). 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Foreign investors were net sellers. The index is down 5.0% YTD.In the green: SODIC (+3.3%), CI Capital (+2.7%) and Telecom Egypt (+2.5%).In the red: GB Auto (-1.1%), Credit Agricole (-0.4%) and Orascom\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":551351,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/market-roundup-on-12-june-2022\/","url_meta":{"origin":558158,"position":1},"title":"Market roundup on 12 June 2022","author":"enterpriseam admin","date":"12 June 2022","format":false,"excerpt":"The EGX30 fell 1.4% at today\u2019s close on turnover of EGP 529 mn (36.6% below the 90-day average). Local investors were net buyers. The index is down 15.5% YTD.In the green: Heliopolis Housing (+5.5%), Madinet Nasr Housing (+2.9%) and Ezz Steel (+1.1%).In the red: Eastern Company (-4.0%), Abu Qir Fertilizers\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":587976,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/what-the-markets-are-doing-on-4-june-2023\/","url_meta":{"origin":558158,"position":2},"title":"What the markets are doing on 4 June, 2023","author":"enterpriseam admin","date":"4 June 2023","format":false,"excerpt":"The EGX30 fell 0.4% at today\u2019s close on turnover of EGP 2.84 bn. \u0650Regional investors were net buyers. The index is up 19.6% YTD.In the green: Ibnsina Pharma (+14.0%), Qalaa Holdings (+10.0%) and Fawry (+3.3%).In the red: Abu Qir Fertilizers (-3.5%), Eastern Company (-3.3%), and Sidi Kerir Petrochemicals (-2.7%).","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":566761,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/regional-investors-net-buyers-in-trading-today\/","url_meta":{"origin":558158,"position":3},"title":"Regional investors net buyers in trading today","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"The EGX30 rose 0.8% at today\u2019s close on turnover of EGP 1.19 bn (2.1% below the 90-day average). Regional investors were net buyers. The index is down 5.6% YTD.In the green: EFG Hermes (+3.3%), Telecom Egypt (+2.8%) and Orascom Financial Holding (+2.1%).In the red: Palm Hills Development (-2.7%), Export Development\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":565584,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/the-market-on-18-april-2021\/","url_meta":{"origin":558158,"position":4},"title":"The market on 18 April 2021","author":"enterpriseam admin","date":"18 April 2021","format":false,"excerpt":"The EGX30 rose 2.1% at today\u2019s close on turnover of EGP 460 mn (65.9% below the 90-day average). Local investors were net sellers. The index is down 4.5% YTD.In the green: GB Auto (+6.5%), CIB (+3.4%) and MM Group (+3.3%).In the red: CI Capital (-1.8%) and Export Development Bank (-0.3%).Alexandria\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":551391,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/","url_meta":{"origin":558158,"position":5},"title":"Earnings watch: GSK","author":"enterpriseam admin","date":"14 June 2022","format":false,"excerpt":"EARNINGS WATCH- Pharma company GlaxoSmithKline (GSK) saw its bottom line rise to EGP 869.2 mn in 1Q2022 up from EGP 2.7 mn in 1Q2021, according to the company\u2019s financials (pdf). 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