{"id":580735,"date":"2023-01-16T13:36:16","date_gmt":"2023-01-16T13:36:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/"},"modified":"2023-01-16T13:36:16","modified_gmt":"2023-01-16T13:36:16","slug":"egx-rises-1-8-on-monday-16-january","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/","title":{"rendered":"EGX rises 1.8% on Monday, 16 January"},"content":{"rendered":"

The EGX30 rose 1.8% at today\u2019s close<\/strong> on turnover of EGP 2.78 bn (65.4% above the 90-day average). Local investors were net buyers. The index is up 8.5% YTD.<\/p>\n

In the green: <\/strong>Fawry (+8.8%), Eastern Company (+6.7%) and Sidi Kerir Petrochemicals (+6.5%).<\/p>\n

In the red: <\/strong>Alexandria Containers and Cargo (-3.9%), Heliopolis Housing (-1.5%) and Orascom Construction (-1.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 rose 1.8% at today\u2019s close on turnover of EGP 2.78 bn (65.4% above the 90-day average). Local investors were net buyers. The index is up 8.5% YTD. In the green: Fawry (+8.8%), Eastern Company (+6.7%) and Sidi Kerir Petrochemicals (+6.5%). In the red: Alexandria Containers and Cargo (-3.9%), Heliopolis Housing (-1.5%) and Orascom […]<\/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":[102,68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-580735","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-capital-markets","tag-egx","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"fe93afdb-cb9f-4fc2-80e4-903f2103b3b0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[580721],"teaser":"","voice_url":""},"yoast_head":"\nEGX rises 1.8% on Monday, 16 January - 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\/16\/egx-rises-1-8-on-monday-16-january\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGX rises 1.8% on Monday, 16 January\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose 1.8% at today\u2019s close on turnover of EGP 2.78 bn (65.4% above the 90-day average). Local investors were net buyers. The index is up 8.5% YTD. In the green: Fawry (+8.8%), Eastern Company (+6.7%) and Sidi Kerir Petrochemicals (+6.5%). In the red: Alexandria Containers and Cargo (-3.9%), Heliopolis Housing (-1.5%) and Orascom […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-16T13:36:16+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\/16\/egx-rises-1-8-on-monday-16-january\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGX rises 1.8% on Monday, 16 January\",\"datePublished\":\"2023-01-16T13:36:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/\"},\"wordCount\":56,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"capital markets\",\"EGX\",\"EnterprisePM\",\"Go with the Flow\"],\"articleSection\":[\"GO WITH THE FLOW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/\",\"name\":\"EGX rises 1.8% on Monday, 16 January - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2023-01-16T13:36:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/egx-rises-1-8-on-monday-16-january\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EGX rises 1.8% on Monday, 16 January\"}]},{\"@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":"EGX rises 1.8% on Monday, 16 January - 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\/16\/egx-rises-1-8-on-monday-16-january\/","og_locale":"en_US","og_type":"article","og_title":"EGX rises 1.8% on Monday, 16 January","og_description":"The EGX30 rose 1.8% at today\u2019s close on turnover of EGP 2.78 bn (65.4% above the 90-day average). 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Foreign investors were net sellers. The index is down 15.2% YTD. In the green: GB Auto (+6.2%), Palm Hills Development (+3.7%) and Abou Kir Fertilizers (+2.7%). In the red: Oriental Weavers (-3.2%),\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":552838,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/03\/what-the-markets-are-doing-on-3-october-2022\/","url_meta":{"origin":580735,"position":1},"title":"What the markets are doing on 3 October, 2022","author":"enterpriseam admin","date":"3 October 2022","format":false,"excerpt":"The EGX30 was almost flat at today\u2019s close on turnover of EGP 915.82 mn (3.9% below the 90-day average). Local investors were net buyers. The index is down 18.9% YTD.In the green: Rameda (+1.9%), TMG Holding (+1.8%) and EFG Hermes (+1.8%).In the red: Orascom Construction (-4.5%), Credit Agricole (-2.1%) and\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":550860,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/09\/market-roundup-on-9-may-2022\/","url_meta":{"origin":580735,"position":2},"title":"Market roundup on 9 May 2022","author":"enterpriseam admin","date":"9 May 2022","format":false,"excerpt":"The EGX30 fell 1.8% at today\u2019s close on turnover of EGP 1.0 bn (12.2% above the 90-day average). Local investors were net buyers. The index is down 8.7% YTD.In the green: Orascom Development Egypt (+5.1%), e-Finance (+4.9%) and Egypt Kuwait Holding-EGP (+1.8%).In the red: MM Group (-4.7%), CIB (-4.2%) and\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":566307,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/go-with-the-flow-on-10-june\/","url_meta":{"origin":580735,"position":3},"title":"Go with the flow on 10 June","author":"enterpriseam admin","date":"10 June 2021","format":false,"excerpt":"The EGX30 fell 0.6% at today\u2019s close on turnover of EGP 1.33 bn (2.5% above the 90-day average). 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 "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":586181,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/what-the-markets-are-doing-on-7-april-2023\/","url_meta":{"origin":580735,"position":4},"title":"What the markets are doing on 7 April, 2023","author":"enterpriseam admin","date":"7 May 2023","format":false,"excerpt":"MARKET NEWS-Juhayna Food Industries is paying out dividends of EGP 0.15 per share on its 2022 earnings, the company said in an EGX disclosure (pdf). MARKET ROUNDUP-The EGX30 fell 0.4% at today\u2019s close on turnover of EGP 1.25 bn. Foreign investors were net buyers. The index is up 18.1% YTD.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":585097,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/10\/what-the-markets-are-doing-on-10-april-2023\/","url_meta":{"origin":580735,"position":5},"title":"What the markets are doing on 10 April, 2023","author":"enterpriseam admin","date":"10 April 2023","format":false,"excerpt":"MARKET NEWS-Contact Financial Holding will pay out dividends of EGP 0.2525 per share to its shareholders this Thursday, 13 April, according to an EGX filing (pdf).MARKET ROUNDUP-The EGX30 rose 0.6% at today\u2019s close on turnover of EGP 1.57 bn. 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