{"id":561557,"date":"2021-04-12T03:47:39","date_gmt":"2021-04-12T03:47:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/what-the-markets-are-doing-on-12-april-2021\/"},"modified":"2021-04-12T03:47:39","modified_gmt":"2021-04-12T03:47:39","slug":"what-the-markets-are-doing-on-12-april-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/what-the-markets-are-doing-on-12-april-2021\/","title":{"rendered":"What the markets are doing on 12 April 2021"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>The median income of a CEO in the US kept <\/strong><strong>climbing last year \u2014 and is on track to hit record highs<\/strong>, rising to USD 13.7 mn in 2020 from USD 12.8 mn in 2019, the <a href=\"https:\/\/www.wsj.com\/articles\/covid-19-brought-the-economy-to-its-knees-but-ceo-pay-surged-11618142400?mod=hp_lead_pos1\">Wall Street Journal<\/a> reports, citing figures compiled from companies' regulatory filings. Of the 322 CEOs covered in the analysis, 206 saw a pay bump \u2014 some of which sit at the helm of firms that were battered (such as Exxon Mobil, Omnicom Group, and Norway\u2019s Cruise Line Holdings).<\/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>10,393<\/p>\n<\/td>\n<td>\n<p>+0.9% (YTD: -4.2%)<\/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>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.63<\/p>\n<\/td>\n<td>\n<p>Sell 15.73<\/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>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.64<\/p>\n<\/td>\n<td>\n<p>Sell 15.74<\/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>9,938<\/p>\n<\/td>\n<td>\n<p>-0.7% (YTD: +14.4%)<\/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>6,070<\/p>\n<\/td>\n<td>\n<p>+0.2% (YTD: +20.3%)<\/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>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,593<\/p>\n<\/td>\n<td>\n<p>+0.4% (YTD: +4.1%)<\/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>S&P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>4,128<\/p>\n<\/td>\n<td>\n<p>+0.8% (YTD: +9.9%)<\/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>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,915<\/p>\n<\/td>\n<td>\n<p>-0.4% (YTD: +7.1%)<\/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>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 63.31<\/p>\n<\/td>\n<td>\n<p>+0.6%<\/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>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.56<\/p>\n<\/td>\n<td>\n<p>+1.3%<\/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 1,742.50<\/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 59,800<\/p>\n<\/td>\n<td>\n<p>-0.8% (as of midnight)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>The EGX30 rose 0.9% yesterday<\/strong> on turnover of EGP 749 mn (46.1% 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>GB Auto (+8.6%), Fawry (+6.4%) and Export Development Bank (+3.9%).<\/p>\n<p><strong>In the red: <\/strong>Eastern Co. (-1.7%), Abu Qir Fertilizers (-1.2%) and EKH (-1.0%).<\/p>\n<p><strong>Asian markets are uniformly in the red this morning<\/strong>, and futures suggest that shares in Europe and North America will follow suits when markets open for the week later today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The median income of a CEO in the US kept climbing last year \u2014 and is on track to hit record highs, rising to USD 13.7 mn in 2020 from USD 12.8 mn in 2019, the Wall Street Journal reports, citing figures compiled from companies' regulatory filings. Of the 322 CEOs covered in the analysis, [&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":[72,778,119,3905,3908,3904,3909,3906,122,3907,117],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561557","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-enterpriseam","tag-exxonmobil","tag-financial-markets","tag-median-income","tag-microsoft-corporation","tag-norwegian-cruise-line-holdings","tag-nuance-communications","tag-omnicom-group","tag-planet-finance","tag-revenues-losses","tag-us","wpautop","entry"],"acf":{"mongo_id":"62cf49be-544c-4a09-a698-e18fdd2db776","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[561535],"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 12 April 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\/04\/12\/what-the-markets-are-doing-on-12-april-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 12 April 2021\" \/>\n<meta property=\"og:description\" content=\"The median income of a CEO in the US kept climbing last year \u2014 and is on track to hit record highs, rising to USD 13.7 mn in 2020 from USD 12.8 mn in 2019, the Wall Street Journal reports, citing figures compiled from companies&#039; regulatory filings. 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Central banks sold a combined USD\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":546139,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/28\/charges-brought-against-the-man-behind-the-invisible-whale\/","url_meta":{"origin":561557,"position":2},"title":"Charges brought against the man behind the invisible whale","author":"enterpriseam admin","date":"28 April 2022","format":false,"excerpt":"Archegos founder, CFO arrested on 11 criminal counts, including security fraud: Archegos Capital Management founder Bill Hwang and CFO Patrick Halligan were indicted yesterday on charges of securities fraud, wire fraud, and racketeering. Both pleaded not guilty to the charges. Hwang posted a staggering USD 100 mn in bail, while\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":543728,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/15\/planet-finance-aldar-lends-fresh-usd-1-4-bn-investment-aramco-muddies-saudi-wealth-funds-green-credentials\/","url_meta":{"origin":561557,"position":3},"title":"Planet Finance: Aldar lends fresh USD 1.4 bn investment + Aramco muddies Saudi wealth fund\u2019s green credentials","author":"enterpriseam admin","date":"15 February 2022","format":false,"excerpt":"Apollo to invest USD 1.4 bn in UAE\u2019s Aldar: Asset manager Apollo Global Management will invest USD 1.4 bn in Aldar Properties in a transaction that will see Apollo acquire a direct minority stake in the real estate firm, Apollo said in a statement. The transaction likely marks one of\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":587929,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/adnoc-ls-shares-surge-on-stock-market-debut\/","url_meta":{"origin":561557,"position":4},"title":"Adnoc L&#038;S shares surge on stock market debut","author":"enterpriseam admin","date":"4 June 2023","format":false,"excerpt":"Adnoc L&S\u2019 USD 729 mn IPO was 163x oversubscribed when it closed last month","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\/2023\/6\/79.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543762,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/planet-finance-new-york-stock-exchange-sets-nft-crypto-trading-in-its-sights\/","url_meta":{"origin":561557,"position":5},"title":"Planet Finance: New York Stock Exchange sets NFT + crypto trading in its sights","author":"enterpriseam admin","date":"16 February 2022","format":false,"excerpt":"NYSE stakes a claim on cryptocurrency + NFT trading: The New York Stock Exchange has filed an application with the US patent and trademark office to provide an online marketplace for non-fungible tokens (NFTs) and cryptocurrencies, which could one day see it compete with NFT marketplaces like OpenSea and Rarible.\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\/561557","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=561557"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561557\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/561535"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=561557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=561557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=561557"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=561557"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=561557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}