{"id":580972,"date":"2023-01-30T13:28:14","date_gmt":"2023-01-30T13:28:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/what-the-markets-are-doing-on-30-january-2023\/"},"modified":"2023-01-30T13:28:14","modified_gmt":"2023-01-30T13:28:14","slug":"what-the-markets-are-doing-on-30-january-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/what-the-markets-are-doing-on-30-january-2023\/","title":{"rendered":"What the markets are doing on 30 January, 2023"},"content":{"rendered":"<p><strong>The EGX30 fell 2.2% at today\u2019s close<\/strong> on turnover of EGP 2.91bn (66% above the 90-day average). Foreign investors were net sellers. The index is up 16.6% YTD.<\/p>\n<p><strong>In the green: <\/strong>Eastern Company (+4.4%), CIRA Education (+1.0%) and Egypt Kuwait Holding -EGP (+0.2%).<\/p>\n<p><strong>In the red: <\/strong>Telecom Egypt (-7.1%), Heliopolis Housing (-7.0%) and Madinet Nasr Housing and Development (-5.6%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 fell 2.2% at today\u2019s close on turnover of EGP 2.91bn (66% above the 90-day average). Foreign investors were net sellers. The index is up 16.6% YTD. In the green: Eastern Company (+4.4%), CIRA Education (+1.0%) and Egypt Kuwait Holding -EGP (+0.2%). In the red: Telecom Egypt (-7.1%), Heliopolis Housing (-7.0%) and Madinet Nasr [&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":[68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-580972","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":"3a06e0d2-df91-4921-a3c7-f194576fb6cf","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[580959],"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 30 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\/30\/what-the-markets-are-doing-on-30-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 30 January, 2023\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 2.2% at today\u2019s close on turnover of EGP 2.91bn (66% above the 90-day average). Foreign investors were net sellers. The index is up 16.6% YTD. In the green: Eastern Company (+4.4%), CIRA Education (+1.0%) and Egypt Kuwait Holding -EGP (+0.2%). In the red: Telecom Egypt (-7.1%), Heliopolis Housing (-7.0%) and Madinet Nasr [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/what-the-markets-are-doing-on-30-january-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-30T13:28:14+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\/30\/what-the-markets-are-doing-on-30-january-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/what-the-markets-are-doing-on-30-january-2023\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 30 January, 2023\",\"datePublished\":\"2023-01-30T13:28:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/what-the-markets-are-doing-on-30-january-2023\/\"},\"wordCount\":61,\"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\/30\/what-the-markets-are-doing-on-30-january-2023\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/what-the-markets-are-doing-on-30-january-2023\/\",\"name\":\"What the markets are doing on 30 January, 2023 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2023-01-30T13:28:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/what-the-markets-are-doing-on-30-january-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/what-the-markets-are-doing-on-30-january-2023\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/what-the-markets-are-doing-on-30-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 30 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 30 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\/30\/what-the-markets-are-doing-on-30-january-2023\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 30 January, 2023","og_description":"The EGX30 fell 2.2% at today\u2019s close on turnover of EGP 2.91bn (66% above the 90-day average). 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The bank\u2019s net interest income rose 18.6% y-o-y to EGP 976.50 mn.Heliopolis Housing and Development\u2019s 1Q 2022 bottom line fell 96.9% y-o-y to EGP\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":553231,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/27\/what-the-markets-are-doing-on-27-october-2022\/","url_meta":{"origin":580972,"position":1},"title":"What the markets are doing on 27 October, 2022","author":"enterpriseam admin","date":"27 October 2022","format":false,"excerpt":"The EGX30 rose 4.9% at today\u2019s close on turnover of EGP 2.3 bn (55.1% above the 90-day average). Local investors were net sellers. The index is down 7.3% YTD.In the green: Egypt Kuwait Holding-EGP (+9.7%), QNB Al Ahly (+9.3%) and CIB (+9.2%).In the red: Housing and Development Bank (-2.2%), Madinet\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":551351,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/market-roundup-on-12-june-2022\/","url_meta":{"origin":580972,"position":2},"title":"Market roundup on 12 June 2022","author":"enterpriseam admin","date":"12 June 2022","format":false,"excerpt":"The EGX30 fell 1.4% at today\u2019s close on turnover of EGP 529 mn (36.6% below the 90-day average). Local investors were net buyers. The index is down 15.5% YTD.In the green: Heliopolis Housing (+5.5%), Madinet Nasr Housing (+2.9%) and Ezz Steel (+1.1%).In the red: Eastern Company (-4.0%), Abu Qir Fertilizers\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":564406,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/earnings-heliopolis-housing-housing-and-development-bank-mb-engineering\/","url_meta":{"origin":580972,"position":3},"title":"Earnings: Heliopolis Housing, Housing and Development Bank + MB Engineering","author":"enterpriseam admin","date":"30 August 2021","format":false,"excerpt":"Minapharm Pharma bottomline more than doubled during 2Q2021, recording EGP 130.5 mn compared to EGP 48.2 mn last year, according to its financial statement (pdf). Revenues during the quarter were up 33% to EGP 681.4 mn from EGP 510 mn last year.MB Engineering recorded a net income of EGP 1.4\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":545367,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/23\/earnings-watch-egyptian-resorts-company\/","url_meta":{"origin":580972,"position":4},"title":"Earnings watch: Egyptian Resorts Company","author":"enterpriseam admin","date":"23 March 2022","format":false,"excerpt":"EARNINGS WATCH- Egyptian Resorts Company saw its losses decline to EGP 4.5 mn in FY2021 compared to losses of EGP 44.6 mn in 2020, according to ERC\u2019s financial statements (pdf). Total operating revenues increased nearly 22% y-oy during 2021 to reach EGP 127.6 mn. MARKET ROUNDUP- The EGX30 rose 0.7%\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":580843,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/22\/what-the-markets-are-doing-on-22-january-2023\/","url_meta":{"origin":580972,"position":5},"title":"What the markets are doing on 22 January, 2023","author":"enterpriseam admin","date":"22 January 2023","format":false,"excerpt":"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. 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