{"id":585097,"date":"2023-04-10T00:00:00","date_gmt":"2023-04-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/10\/what-the-markets-are-doing-on-10-april-2023\/"},"modified":"2023-04-10T00:00:00","modified_gmt":"2023-04-10T00:00:00","slug":"what-the-markets-are-doing-on-10-april-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/10\/what-the-markets-are-doing-on-10-april-2023\/","title":{"rendered":"What the markets are doing on 10 April, 2023"},"content":{"rendered":"

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

Contact Financial Holding will pay out dividends of EGP 0.2525 per share to its<\/span> shareholders<\/span> this Thursday, 13 April, according to <\/span>an EGX filing (pdf)<\/a><\/span>.<\/span><\/p>\n

<\/p>\n

\n

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

The EGX30 rose 0.6% at today\u2019s close<\/span> on turnover of EGP 1.57 bn. Foreign investors were net sellers. The index is up 14.9% YTD.<\/span><\/p>\n

In the green: <\/span>Qalaa Holdings<\/span> (+5.8%), Elsewedy Electric (+5.3%) and Palm Hills Development (+5.3%).<\/span><\/p>\n

In the red: <\/span>Rameda Pharma<\/span> (-2.2%), Ezz Steel (-1.8%) and Sidi Kerir Petrochemicals (-1.6%).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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. Foreign investors were net sellers. The index is up 14.9% YTD. In the […]<\/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":[933,68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-585097","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-contact-financial","tag-egx","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"6dfb36d9-b728-41a7-a23f-3ff06a09f62e","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[585083],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.f402b478-6769-413d-9b88-1491cb0db9f4.mp3"},"yoast_head":"\nWhat the markets are doing on 10 April, 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\/04\/10\/what-the-markets-are-doing-on-10-april-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 10 April, 2023\" \/>\n<meta property=\"og:description\" content=\"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). 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Foreign investors were net buyers. The index is down 2.3% YTD.In the green: SODIC (+4.8%), Orascom Development (+2.4%) and Orascom Financial (+1.7%).In the red: AMOC (-1.6%), CIB (-1.2%) and Fawry (-1.1%). MARKET\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":584662,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/03\/what-the-markets-are-doing-on-3-april-2023\/","url_meta":{"origin":585097,"position":1},"title":"What the markets are doing on 3 April, 2023","author":"enterpriseam admin","date":"3 April 2023","format":false,"excerpt":"MARKET NEWS-Ezz Steel\u2019s net income rose 23.2% y-o-y to EGP 6.6 bn in 2022, according to an EGXdisclosure(pdf). The company\u2019s revenues, meanwhile, rose 23.8% y-o-y to EGP 84.0 bn.OFH to carry out capital reduction: Orascom Financial Holding\u2019s (OFH) board of directors has agreed to reduce the company\u2019s share capital to\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":584278,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/what-the-markets-are-doing-on-28-march-2023\/","url_meta":{"origin":585097,"position":2},"title":"What the markets are doing on 28 March, 2023","author":"enterpriseam admin","date":"28 March 2023","format":false,"excerpt":"MARKET NEWS-Contact Financial Holding will pay out dividends of c. EGP 0.25 per share for 2022, after the company\u2019s ordinary general assembly signed off on the payout last week, according to an EGX disclosure(pdf).MARKET ROUNDUP-The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 1.6 bn (21.4% below the\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":585097,"position":3},"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":565539,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/the-market-on-14-april-2021\/","url_meta":{"origin":585097,"position":4},"title":"The market on 14 April 2021","author":"enterpriseam admin","date":"14 April 2021","format":false,"excerpt":"The EGX30 fell 1.9% at today\u2019s close on turnover of EGP 975 mn (28.4% above the 90-day average). Foreign investors were net sellers. 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