{"id":583214,"date":"2023-02-13T00:00:00","date_gmt":"2023-02-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/13\/what-the-markets-are-doing-on-13-february-2023\/"},"modified":"2023-02-13T00:00:00","modified_gmt":"2023-02-13T00:00:00","slug":"what-the-markets-are-doing-on-13-february-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/13\/what-the-markets-are-doing-on-13-february-2023\/","title":{"rendered":"What the markets are doing on 13 February, 2023"},"content":{"rendered":"

MARKET WATCH-<\/span><\/p>\n

Abu Qir Fertilizers and Chemicals Industries Company\u2019s net income rose 132.9% y-o-y to<\/span> EGP 4.5 bn in 4Q 2022<\/span>, according to the company\u2019s <\/span>financials (pdf<\/a><\/span>)<\/a><\/span>.<\/span> The company\u2019s revenues for the quarter increased 79.4% y-o-y to EGP 6.4 bn.<\/p>\n

\n

MARKET ROUNDUP-<\/span><\/p>\n

The EGX30 fell 0.4% at today\u2019s close<\/span> on turnover of EGP 2.3 bn (22.4% above the 90-day<\/span> average). Regional investors were net sellers. The index is up 17.9% YTD.<\/span><\/p>\n

In the green: <\/span>EFG Hermes<\/span> (+2.5%), Abu Dhabi Islamic Bank (+1.6%) and Sidi Kerir Petrochemicals (+0.9%).<\/span><\/p>\n

In the red: <\/span>Credit Agricole<\/span> (-4.6%), Fawry (-2.4%) and Heliopolis Housing and Development (-2.1%).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

MARKET WATCH- Abu Qir Fertilizers and Chemicals Industries Company\u2019s net income rose 132.9% y-o-y to EGP 4.5 bn in 4Q 2022, according to the company\u2019s financials (pdf). The company\u2019s revenues for the quarter increased 79.4% y-o-y to EGP 6.4 bn. MARKET ROUNDUP- The EGX30 fell 0.4% at today\u2019s close on turnover of EGP 2.3 bn […]<\/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":[548,409,68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-583214","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-abu-qir-fertilizers","tag-earnings-watch","tag-egx","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"97acfb5f-d20b-45e6-90ea-cf87c1a3eefc","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[583200],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.1af4589b-84ad-461b-b2d5-9e6aac7d7af9.mp3"},"yoast_head":"\nWhat the markets are doing on 13 February, 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\/02\/13\/what-the-markets-are-doing-on-13-february-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 13 February, 2023\" \/>\n<meta property=\"og:description\" content=\"MARKET WATCH- Abu Qir Fertilizers and Chemicals Industries Company\u2019s net income rose 132.9% y-o-y to EGP 4.5 bn in 4Q 2022, according to the company\u2019s financials (pdf). 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