{"id":561126,"date":"2021-03-25T03:55:37","date_gmt":"2021-03-25T03:55:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/"},"modified":"2021-03-25T03:55:37","modified_gmt":"2021-03-25T03:55:37","slug":"what-the-markets-are-doing-on-25-march-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/","title":{"rendered":"What the markets are doing on 25 March 2021"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Robinhood could soon have an IPO in the works:<\/strong> US stock-trading app Robinhood has confidentially submitted paperwork to US regulators for a Nasdaq IPO that could take place in the next few months, <a href=\"https:\/\/www.ft.com\/content\/a409c2ef-03a1-4f6a-b6c3-707761989705\">the Financial Times<\/a> reports, citing an unnamed source familiar with the matter. The company\u2019s zero-fee model has seen its popularity among retail investors explode in recent months, and was at the center of the controversy over the GameStop short squeeze in January.<\/p>\n<p><strong>Remember last month\u2019s Great Texan Freeze? Global supply chains could still be <\/strong><strong>feeling the effects months from now<\/strong>, as the state\u2019s petchem facilities struggle to return to full capacity, <a href=\"https:\/\/www.ft.com\/content\/f15841b6-47c2-4fcc-98f6-15945a7fea84\">the Financial Times<\/a> reports. Sustained production interruptions of key industrial plastic polymers, which have already witnessed heighted demand during the pandemic, is contributing to \u201ca witches brew of market conditions\u201d that are leading to shortages and rising prices for manufacturers around the world, said Jeremy Pafford, head of North America at market information service ICIS.<\/p>\n<p><strong>Cloud computing startup <\/strong><strong><a href=\"https:\/\/www.digitalocean.com\/\">DigitalOcean<\/a><\/strong><strong> tumbled 12% on its public market debut<\/strong><strong> yesterday<\/strong>, before paring losses to close at USD 42.5 per share \u2014 10% lower than the USD 47 price it initially sold shares at, <a href=\"https:\/\/www.cnbc.com\/2021\/03\/24\/digitalocean-starts-trading-on-nyse.html\">CNBC<\/a> reports. DigitalOcean\u2019s IPO on the New York Stock Exchange raised more than USD 775 mn. The tech company is now valued at USD 4.48 bn.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table table-striped markets-table'>\n<tbody>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>10,702<\/p>\n<\/td>\n<td>\n<p>+2.2% (YTD: -1.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.71<\/p>\n<\/td>\n<td>\n<p>Sell 15.81<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.71<\/p>\n<\/td>\n<td>\n<p>Sell 15.81<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>9,464<\/p>\n<\/td>\n<td>\n<p>-0.3% (YTD: +8.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>5,745<\/p>\n<\/td>\n<td>\n<p>+0.2% (YTD: +13.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,515<\/p>\n<\/td>\n<td>\n<p>-0.7% (YTD: +0.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>3,889<\/p>\n<\/td>\n<td>\n<p>-0.6% (YTD: +3.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,713<\/p>\n<\/td>\n<td>\n<p>+0.2% (YTD: +3.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 63.52<\/p>\n<\/td>\n<td>\n<p>-1.4%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.50<\/p>\n<\/td>\n<td>\n<p>-0.8%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,733.40<\/p>\n<\/td>\n<td>\n<p>-0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 51,928.03<\/p>\n<\/td>\n<td>\n<p>-4.9%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>The EGX30 rose 2.2% at today\u2019s close<\/strong> on turnover of EGP 1.12 bn (24% below the 90-day average). Regional investors were net sellers. The index is down 1.3% YTD.<\/p>\n<p><strong>In the green: <\/strong>MM Group (+5.9%), Ibnsina Pharma (+5.8%) and Abu Qir Fertilizers (+5.4%).<\/p>\n<p><strong>In the red: <\/strong>Orascom Development (-1.1%), EKH (-0.5%) and SODIC (-0.2%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood could soon have an IPO in the works: US stock-trading app Robinhood has confidentially submitted paperwork to US regulators for a Nasdaq IPO that could take place in the next few months, the Financial Times reports, citing an unnamed source familiar with the matter. The company\u2019s zero-fee model has seen its popularity among retail [&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":[7210],"tags":[3856,3855,3858,1800,102,8934,3860,72,119,2869,3854,182,78,122,3857,239,1009,3859],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561126","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-advent","tag-alexandre-bompard","tag-arctic-blast","tag-brazil","tag-capital-markets","tag-carrefour","tag-digitalocean","tag-enterpriseam","tag-financial-markets","tag-gamestop","tag-grupo-big-brasil","tag-inflation","tag-ipo-watch","tag-planet-finance","tag-plastic-polymers","tag-supply-chain","tag-walmart","tag-winter-storm","wpautop","entry"],"acf":{"mongo_id":"09bb1fd5-dd1d-451f-a597-6d197ddf08b5","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[561105],"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 25 March 2021 - 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\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/\" \/>\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 25 March 2021\" \/>\n<meta property=\"og:description\" content=\"Robinhood could soon have an IPO in the works: US stock-trading app Robinhood has confidentially submitted paperwork to US regulators for a Nasdaq IPO that could take place in the next few months, the Financial Times reports, citing an unnamed source familiar with the matter. The company\u2019s zero-fee model has seen its popularity among retail [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-25T03:55:37+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 25 March 2021\",\"datePublished\":\"2021-03-25T03:55:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/\"},\"wordCount\":318,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Advent\",\"Alexandre Bompard\",\"Arctic blast\",\"Brazil\",\"capital markets\",\"Carrefour\",\"DigitalOcean\",\"EnterpriseAM\",\"Financial Markets\",\"Gamestop\",\"Grupo BIG Brasil\",\"inflation\",\"IPO watch\",\"Planet Finance\",\"plastic polymers\",\"supply chain\",\"Walmart\",\"winter storm\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/\",\"name\":\"What the markets are doing on 25 March 2021 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-03-25T03:55:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What the markets are doing on 25 March 2021\"}]},{\"@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 25 March 2021 - 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\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 25 March 2021","og_description":"Robinhood could soon have an IPO in the works: US stock-trading app Robinhood has confidentially submitted paperwork to US regulators for a Nasdaq IPO that could take place in the next few months, the Financial Times reports, citing an unnamed source familiar with the matter. The company\u2019s zero-fee model has seen its popularity among retail [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-03-25T03:55:37+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"What the markets are doing on 25 March 2021","datePublished":"2021-03-25T03:55:37+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/"},"wordCount":318,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Advent","Alexandre Bompard","Arctic blast","Brazil","capital markets","Carrefour","DigitalOcean","EnterpriseAM","Financial Markets","Gamestop","Grupo BIG Brasil","inflation","IPO watch","Planet Finance","plastic polymers","supply chain","Walmart","winter storm"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/","name":"What the markets are doing on 25 March 2021 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-03-25T03:55:37+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/what-the-markets-are-doing-on-25-march-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"What the markets are doing on 25 March 2021"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":563959,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/em-stocks-give-up-2021-gains-on-china-fears\/","url_meta":{"origin":561126,"position":0},"title":"EM stocks give up 2021 gains on China fears","author":"enterpriseam admin","date":"29 July 2021","format":false,"excerpt":"EM stocks give up 2021 gains on China fears: The MSCI Emerging Markets Index fell 2.4% on Monday, erasing 2021 gains, as a sell-off in Chinese stocks gathered pace, Bloomberg reports. Chinese shares, which make up a third of the index\u2019s weighting, sold off this week after rumors that US\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558846,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/29\/adx-dfm-extend-trading-by-one-hour-secs-next-target-brokerage-apps\/","url_meta":{"origin":561126,"position":1},"title":"ADX, DFM extend trading by one hour + SEC\u2019s next target? Brokerage apps.","author":"enterpriseam admin","date":"29 August 2021","format":false,"excerpt":"The Abu Dhabi Securities Exchange (ADX) will extend trading by one hour till 3 pm starting 3 October, in a bid to align the ADX\u2019s trading hours with global markets, attract international investment, and enhance market liquidity, according to a statement. The Dubai Financial Market is also extending its trading\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555027,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/29\/will-the-great-ipo-rush-of-2021-spill-over-into-next-year\/","url_meta":{"origin":561126,"position":2},"title":"Will the Great IPO Rush of 2021 spill over into next year?","author":"enterpriseam admin","date":"29 November 2021","format":false,"excerpt":"The record IPO rush could soon dwindle down: After 2021 panned out as the biggest year for IPOs on record, a confluence of factors could be bringing the boom to an end. As central banks around the world scale back stimulus and look to hike interest rates, the surplus liquidity\u2026","rel":"","context":"In &quot;Capital markets&quot;","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/252.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567992,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/14\/what-the-markets-are-doing-on-14-december-2020\/","url_meta":{"origin":561126,"position":3},"title":"What the markets are doing on 14 December 2020","author":"enterpriseam admin","date":"14 December 2020","format":false,"excerpt":"The EGX30 rose 0.2% yesterday on turnover of EGP 1.2 bn. Regional investors were net buyers. The index is down 21.2% YTD.In the green: Orascom Development (+3.2%), Egyptian Iron & Steel (+1.7%) and Dice (+1.7%).In the red: Edita (-1.6%), Beltone Financial Holding (-1.1%) and Heliopolis Housing (-1%).Asian markets are largely\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561409,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/06\/what-the-markets-are-doing-on-6-april-2021\/","url_meta":{"origin":561126,"position":4},"title":"What the markets are doing on 6 April 2021","author":"enterpriseam admin","date":"6 April 2021","format":false,"excerpt":"The market value of cryptocurrencies has doubled in just two months to more than USD 2 tn as institutional investors pile into the asset class, Bloomberg reported. BTC\u2019s price doubled to USD 58,858 this year and is alone worth over USD 1 trn, while Ether, Binance Coin, Polkadot, Tether and\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561696,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/what-the-markets-are-doing-on-18-april-2021\/","url_meta":{"origin":561126,"position":5},"title":"What the markets are doing on 18 April 2021","author":"enterpriseam admin","date":"18 April 2021","format":false,"excerpt":"US banks\u2019 earnings season is still going strong: Bank of America reported stronger-than-expected earnings in 1Q2021, with its net income doubling during the three-month period to reach USD 8.1 bn, according to the multinational investment bank's financials (pdf). Bank of America\u2019s performance comes as it released USD 2.7 bn in\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"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\/561126","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=561126"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561126\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/561105"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=561126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=561126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=561126"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=561126"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=561126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}