{"id":580578,"date":"2023-01-05T13:43:58","date_gmt":"2023-01-05T13:43:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/"},"modified":"2023-01-05T13:43:58","modified_gmt":"2023-01-05T13:43:58","slug":"what-the-markets-are-doing-on-5-january-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/","title":{"rendered":"What the markets are doing on 5 January, 2023"},"content":{"rendered":"<p><strong>The EGX30 rose 2.7% at today\u2019s close<\/strong> on turnover of EGP 3.12 bn (97.3% above the 90-day average). Regional investors were net buyers. The index is up 9.6% YTD.<\/p>\n<p><strong>In the green: <\/strong>Eastern Company (+14.3%), Fawry (+8.0%) and Credit Agricole Egypt (+8.0%).<\/p>\n<p><strong>In the red: <\/strong>Ezz Steel (-3.5%), Cleopatra Hospitals (-3.4%) and Rameda Pharma (-3.1%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 rose 2.7% at today\u2019s close on turnover of EGP 3.12 bn (97.3% above the 90-day average). Regional investors were net buyers. The index is up 9.6% YTD. In the green: Eastern Company (+14.3%), Fawry (+8.0%) and Credit Agricole Egypt (+8.0%). In the red: Ezz Steel (-3.5%), Cleopatra Hospitals (-3.4%) and Rameda Pharma (-3.1%).<\/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-580578","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":"f4c18854-1250-4ee0-985c-daf1a1854c6e","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[580561],"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 5 January, 2023 - 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\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/\" \/>\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 5 January, 2023\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose 2.7% at today\u2019s close on turnover of EGP 3.12 bn (97.3% above the 90-day average). Regional investors were net buyers. The index is up 9.6% YTD. In the green: Eastern Company (+14.3%), Fawry (+8.0%) and Credit Agricole Egypt (+8.0%). In the red: Ezz Steel (-3.5%), Cleopatra Hospitals (-3.4%) and Rameda Pharma (-3.1%).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-05T13:43:58+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\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 5 January, 2023\",\"datePublished\":\"2023-01-05T13:43:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/\"},\"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\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/\",\"name\":\"What the markets are doing on 5 January, 2023 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2023-01-05T13:43:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What the markets are doing on 5 January, 2023\"}]},{\"@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 5 January, 2023 - 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\/2023\/01\/05\/what-the-markets-are-doing-on-5-january-2023\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 5 January, 2023","og_description":"The EGX30 rose 2.7% at today\u2019s close on turnover of EGP 3.12 bn (97.3% above the 90-day average). 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Foreign investors were net sellers. The index is down 8.0% YTD.In the green: Pioneers Holding (+3.8%), MM Group (+3.5%) and Ibnsina Pharma (+3.3%).In the red: CI Capital (-2.8%), Sidi Kerir Petrochem (-2.4%)\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":551656,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/05\/the-market-on-5-july-2022\/","url_meta":{"origin":580578,"position":1},"title":"The market on 5 July, 2022","author":"enterpriseam admin","date":"5 July 2022","format":false,"excerpt":"The EGX30 fell 0.33% at today\u2019s close on turnover of EGP 953.9 mn (13.4% above the 90-day average). Local investors were net buyers. The index is down 27.6% YTD.In the green: Medinet Nasr Housing (+8.0%), MM Group (+5.2%) and Orascom Construction (+5.1%).In the red: Fawry (-7.8%), Ibnsina Pharma (-6.5%) and\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":554497,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/market-roundup-on-12-december-2021\/","url_meta":{"origin":580578,"position":2},"title":"Market roundup on 12 December 2021","author":"enterpriseam admin","date":"12 December 2021","format":false,"excerpt":"The EGX30 rose 1.5% at today\u2019s close on turnover of EGP 1.2 bn (14.2% below the 90-day average). Regional investors were net sellers. The index is up 8.0% YTD.In the green: Egyptian Resorts Company (+5.6%), Credit Agricole Egypt (+4.7%) and Fawry (+4.6%).In the red: Abu Qir Fertilizers (-5.7%), Speed Medical\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":583241,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/14\/what-the-markets-are-doing-on-14-february-2023\/","url_meta":{"origin":580578,"position":3},"title":"What the markets are doing on 14 February, 2023","author":"enterpriseam admin","date":"14 February 2023","format":false,"excerpt":"The EGX30 rose 1.3% at today\u2019s close on turnover of EGP 2.3 bn (21.4% above the 90-day average). Local investors were net buyers. The index is up 19.4% YTD.In the green: Heliopolis Housing and Development (+8.0%), Juhayna (+7.7%) and Ibnsina Pharma (+5.7%).In the red: Cleopatra Hospitals Group (-2.1%), Telecom Egypt\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":580550,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/04\/what-the-markets-are-doing-on-4-january-2023\/","url_meta":{"origin":580578,"position":4},"title":"What the markets are doing on 4 January, 2023","author":"enterpriseam admin","date":"4 January 2023","format":false,"excerpt":"The EGX30 rose 3.25% at today\u2019s close on turnover of EGP 3.51 bn (125.7% above the 90-day average). Foreign investors were net sellers. The index is up 6.6% YTD.In the green: Alexandria Container and Cargo Handling (+10.4%), Abu Qir Fertilizers (+9.6%) and Sidi Kerir Petrochemicals (+8.0%).In the red: Juhayna (-3.3%),\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":619030,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/","url_meta":{"origin":580578,"position":5},"title":"What the markets are doing on 23 April 2024","author":"enterpriseam admin","date":"23 April 2024","format":false,"excerpt":"The EGX30 fell 4.9% at today\u2019s close on turnover of EGP 3.7 bn (26.3% below the 90-day average). Local investors were net sellers. The index is up 7.6% YTD.In the green: Oriental Weavers (+0.5%). 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