{"id":580843,"date":"2023-01-22T13:38:28","date_gmt":"2023-01-22T13:38:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/22\/what-the-markets-are-doing-on-22-january-2023\/"},"modified":"2023-01-22T13:38:28","modified_gmt":"2023-01-22T13:38:28","slug":"what-the-markets-are-doing-on-22-january-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/22\/what-the-markets-are-doing-on-22-january-2023\/","title":{"rendered":"What the markets are doing on 22 January, 2023"},"content":{"rendered":"<p><strong>MARKET NEWS-<\/strong><\/p>\n<p><strong>Alexandria Containers and Cargo Handling will distribute EGP <\/strong><strong>1.67 bn <\/strong><strong>worth of<\/strong><strong> dividends<\/strong>, it said in an <a href=\"https:\/\/ent.news\/2023\/1\/alex-container-dividends.pdf\">EGX disclosure (pdf)<\/a>. The company will pay out EGP 1.1127 per share on 13 February.<\/p>\n<hr class=\"grey-line\">\n<p><strong>MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 rose 0.3% at today\u2019s close<\/strong> on turnover of EGP 2.15 bn (26.4% above the 90-day average). Regional investors were net buyers. The index is up 10.4% YTD.<\/p>\n<p><strong>In the green: <\/strong>Housing and Development Bank (+10.3%), Juhayna Food Industries (+6.0%) and Palm Hills Development (+5.1%).<\/p>\n<p><strong>In the red: <\/strong>Alexandria Containers and Cargo Handling (-2.3%), Eastern Company (-1.9%) and Heliopolis Housing and Development (-1.7%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MARKET NEWS- Alexandria Containers and Cargo Handling will distribute EGP 1.67 bn worth of dividends, it said in an EGX disclosure (pdf). The company will pay out EGP 1.1127 per share on 13 February. MARKET ROUNDUP- The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 2.15 bn (26.4% above the 90-day average). Regional [&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":[7219],"tags":[6570,68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-580843","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-alexandria-containers-and-cargo-handling","tag-egx","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"fc168c29-4e26-4d51-bd6f-c9d38e0e86cf","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[580827],"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 22 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\/22\/what-the-markets-are-doing-on-22-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 22 January, 2023\" \/>\n<meta property=\"og:description\" content=\"MARKET NEWS- Alexandria Containers and Cargo Handling will distribute EGP 1.67 bn worth of dividends, it said in an EGX disclosure (pdf). The company will pay out EGP 1.1127 per share on 13 February. MARKET ROUNDUP- The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 2.15 bn (26.4% above the 90-day average). 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The company will pay out a total of EGP 646 mn (USD 21.6 mn) worth of dividends. Shareholders whose shares are\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":552927,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/10\/what-the-markets-are-doing-on-10-october-2022\/","url_meta":{"origin":580843,"position":1},"title":"What the markets are doing on 10 October, 2022","author":"enterpriseam admin","date":"10 October 2022","format":false,"excerpt":"MARKET NEWS- EGX-listed education outfit CIRA will pay out dividends of EGP 0.21 a share for FY 2020-2021, redeemable on 26 October. (Regulatory filing, pdf) MARKET ROUNDUP-The EGX30 rose 0.1% at today\u2019s close on turnover of EGP 1.15 bn (15.9% above the 90-day average). Foreign investors were net sellers. The\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":553257,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/what-the-markets-are-doing-on-30-october-2022\/","url_meta":{"origin":580843,"position":2},"title":"What the markets are doing on 30 October, 2022","author":"enterpriseam admin","date":"30 October 2022","format":false,"excerpt":"The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 1.3 bn (9.2% above the 90-day average). Foreign investors were net buyers. The index is down 7.1% YTD.In the green: Alexandria Containers and Cargo Handling (+7.7%), Egypt Kuwait Holding-EGP (+4.4%) and Juhayna (+4.1%).In the red: Qalaa Holdings (-3.3%), Ezz\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":580998,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/31\/sidpec-releases-2022-earnings-obour-land-plans-dividend-payments\/","url_meta":{"origin":580843,"position":3},"title":"Sidpec releases 2022 earnings + Obour Land plans dividend payments","author":"enterpriseam admin","date":"31 January 2023","format":false,"excerpt":"MARKET WATCH-Sidi Kerir Petrochemicals\u2019 net income after tax rose to EGP 1.24 bn in 2022, up 131% y-o-y, according to its earnings release (pdf). The company\u2019s revenues jumped 69% y-o-y to EGP 8.66 bn.Obour Land is paying out EGP 380 mn of dividends at EGP 0.95 per share, the company\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":592196,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/01\/what-the-markets-are-doing-on-1-august-2023\/","url_meta":{"origin":580843,"position":4},"title":"What the markets are doing on 1 August, 2023","author":"enterpriseam admin","date":"1 August 2023","format":false,"excerpt":"EARNINGS WATCH-Alexandria Mineral Oils Company\u2019s (AMOC) consolidated net income rose 11% y-o-y to EGP 1.3 bn in FY 2022-23, according to an EGX disclosure (pdf). Revenues, meanwhile, climbed 31.3% to EGP 24.2 bn during the fiscal year. 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The index is up 5.63% YTD.In the green: Heliopolis Housing (+5.7%), Alexandria Containers and Cargo Handling (+4.8%) and Fawry (+4.5%).In the red: Ezz Steel (-3.3%), Elsewedy Electric\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580843","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=580843"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580843\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/580827"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=580843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=580843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=580843"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=580843"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=580843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}