{"id":585174,"date":"2023-04-11T00:00:00","date_gmt":"2023-04-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/11\/what-the-markets-are-doing-on-11-april-2023\/"},"modified":"2023-04-11T00:00:00","modified_gmt":"2023-04-11T00:00:00","slug":"what-the-markets-are-doing-on-11-april-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/11\/what-the-markets-are-doing-on-11-april-2023\/","title":{"rendered":"What the markets are doing on 11 April, 2023"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARKET NEWS-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Rameda Pharma will distribute EGP 127.9 mn worth of bonus shares at EGP 0.5073 per<\/span><span style=\"font-weight:700\"> share<\/span><span>, according to an <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/Rameda%2010-4-23_482.pdf\" style=\"\">EGX disclosure (<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/Rameda%2010-4-23_482.pdf\" style=\"\">pdf<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/Rameda%2010-4-23_482.pdf\" style=\"\">)<\/a><\/span><span>. The issuance will raise the company\u2019s issued capital to EGP 380 mn and the number of its shares to 1.5 bn. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARKET ROUNDUP-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The EGX30 rose 1.4% at today\u2019s close<\/span><span style=\"font-weight:400;\"> on turnover of EGP 1.68 bn. Local investors were net buyers. The index is up 16.5% YTD.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">In the green: <\/span><span>Eastern Company <\/span><span style=\"font-weight:400;\">(+6.2%), Heliopolis Housing (+5.2%) and Juhayna (+4.8%).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">In the red: <\/span><span> Edita (-2.2%), Egypt Kuwait Holding - EGP (-1.1%) and Qalaa Holdings (-1.0%).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MARKET NEWS- Rameda Pharma will distribute EGP 127.9 mn worth of bonus shares at EGP 0.5073 per share, according to an EGX disclosure (pdf). The issuance will raise the company\u2019s issued capital to EGP 380 mn and the number of its shares to 1.5 bn. MARKET ROUNDUP- The EGX30 rose 1.4% at today\u2019s close on [&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-585174","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":"7aed1201-4552-4d80-9930-5e7b1577a093","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[585160],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.8e8ebffd-049b-4d21-80f3-3a2081bbf56d.mp3"},"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 11 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\/11\/what-the-markets-are-doing-on-11-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 11 April, 2023\" \/>\n<meta property=\"og:description\" content=\"MARKET NEWS- Rameda Pharma will distribute EGP 127.9 mn worth of bonus shares at EGP 0.5073 per share, according to an EGX disclosure (pdf). The issuance will raise the company\u2019s issued capital to EGP 380 mn and the number of its shares to 1.5 bn. 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Prime Capital has been appointed as a financial advisor to value 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":550716,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/18\/amocs-bottom-line-rose-638-y-o-y-al-baraka-bank-egypt-will-issue-bonus-shares-worth-egp-2-12-bn\/","url_meta":{"origin":585174,"position":3},"title":"AMOC\u2019s bottom line rose 638% y-o-y + Al Baraka Bank Egypt will issue bonus shares worth EGP 2.12 bn","author":"enterpriseam admin","date":"18 April 2022","format":false,"excerpt":"MARKET NEWS-Alexandria Mineral Oils Company\u2019s (AMOC) bottom line rose 638% y-o-y to EGP 761.98 mn in the first nine months of FY2021-2022, according to an EGX disclosure (pdf) . 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