{"id":585982,"date":"2023-05-02T00:00:00","date_gmt":"2023-05-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/"},"modified":"2023-05-02T00:00:00","modified_gmt":"2023-05-02T00:00:00","slug":"what-the-markets-are-doing-on-2-may-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/","title":{"rendered":"What the markets are doing on 2 May, 2023"},"content":{"rendered":"

The EGX30 fell 0.1% at today\u2019s close<\/span> on turnover of EGP 1.51 bn. Regional investors were net buyers. The index is up 18.5% YTD.<\/span><\/p>\n

In the green: <\/span>Ibnsina Pharma <\/span>(+4.7%), Abu Qir Fertilizers (+2.2%) and Egypt Kuwait Holding - EGP (+2.1%).<\/span><\/p>\n

In the red: <\/span>Oriental Weavers<\/span> (-4.2%), Palm Hills Development (-2.5%) and Taleem (-2.2%).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 0.1% at today\u2019s close on turnover of EGP 1.51 bn. Regional investors were net buyers. The index is up 18.5% YTD. In the green: Ibnsina Pharma (+4.7%), Abu Qir Fertilizers (+2.2%) and Egypt Kuwait Holding - EGP (+2.1%). In the red: Oriental Weavers (-4.2%), Palm Hills Development (-2.5%) and Taleem (-2.2%).<\/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-585982","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":"061ae2b9-fa4e-4e1b-ba54-af6eb99928f7","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[585968],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.8361e234-3468-4829-b8df-6b34bc89c297.mp3"},"yoast_head":"\nWhat the markets are doing on 2 May, 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\/05\/02\/what-the-markets-are-doing-on-2-may-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 2 May, 2023\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 0.1% at today\u2019s close on turnover of EGP 1.51 bn. Regional investors were net buyers. The index is up 18.5% YTD. In the green: Ibnsina Pharma (+4.7%), Abu Qir Fertilizers (+2.2%) and Egypt Kuwait Holding - EGP (+2.1%). In the red: Oriental Weavers (-4.2%), Palm Hills Development (-2.5%) and Taleem (-2.2%).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-02T00:00:00+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\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 2 May, 2023\",\"datePublished\":\"2023-05-02T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/\"},\"wordCount\":56,\"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\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/\",\"name\":\"What the markets are doing on 2 May, 2023 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2023-05-02T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/what-the-markets-are-doing-on-2-may-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 2 May, 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 2 May, 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\/05\/02\/what-the-markets-are-doing-on-2-may-2023\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 2 May, 2023","og_description":"The EGX30 fell 0.1% at today\u2019s close on turnover of EGP 1.51 bn. 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Foreign investors were net buyers. The index is up 12.6% YTD.In the green: ADIB-Egypt (+2.7%), Qalaa Holdings (+2.2%), and Heliopolis Housing(+2.2%).In the red: GB Corp (-4.1%), Talaat Moustafa Group (-3.9%), and Fawry\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":679850,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/04\/what-the-markets-are-doing-on-4-january-2026\/","url_meta":{"origin":585982,"position":1},"title":"What the markets are doing on 4 January 2026","author":"enterpriseam admin","date":"4 January 2026","format":false,"excerpt":"The EGX30 fell 2.2% at today\u2019s close on turnover of EGP 4.6 bn (15.5% below the 90-day average). Local investors were the sole net buyers. The index is down 2.2% YTD.In the green: Egypt Aluminum (+7.4%), Misr Cement (+6.4%), and Raya Holding (+4.1%).In the red: Orascom Development (-5.3%), E-finance (-4.5%),\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":686068,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/26\/what-the-markets-are-doing-on-26-january-2026\/","url_meta":{"origin":585982,"position":2},"title":"What the markets are doing on 26 January 2026","author":"enterpriseam admin","date":"26 January 2026","format":false,"excerpt":"The EGX30 rose 1.4% at today\u2019s close on turnover of EGP 7.2 bn (29.5% above the 90-day average). Local investors were the sole net sellers. The index is up 13.6% YTD.In the green: Fawry (+7.1%), Raya Holding (+6.3%), and GB Corp (+5.3%).In the red: Beltone Holding (-2.2%), Sidpec (-2.2%), and\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":657772,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/25\/what-the-markets-are-doing-on-25-december-2024\/","url_meta":{"origin":585982,"position":3},"title":"What the markets are doing on 25 December 2024","author":"enterpriseam admin","date":"25 December 2024","format":false,"excerpt":"The EGX30 rose 0.1% at today\u2019s close on turnover of EGP 2.0 bn (51.5% below the 90-day average). International investors were the sole net buyers. The index is up 20.5% YTD.In the green: Alexandria Container and Cargo Handling (+4.7%), AMOC (+2.2%) and Cleopatra Hospitals (+2.2%).In the red: GB Corp (-3.6%),\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":657843,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/what-the-markets-are-doing-on-26-december-2024\/","url_meta":{"origin":585982,"position":4},"title":"What the markets are doing on 26 December 2024","author":"enterpriseam admin","date":"26 December 2024","format":false,"excerpt":"The EGX30 fell 0.2% at today\u2019s close on turnover of EGP 1.8 bn (55.1% below the 90-day average). Regional investors were the sole net sellers. The index is up 20.3% YTD.In the green: Juhayna (+2.5%), E-finance (+2.2%), Alexandria Container and Cargo Handling Co (+1.9%).In the red: Beltone Holding (-2.2%), Elsewedy\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":680970,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/10\/what-the-markets-are-doing-on-4-january-2026-2\/","url_meta":{"origin":585982,"position":5},"title":"What the markets are doing on 4 January 2026","author":"enterpriseam admin","date":"10 January 2026","format":false,"excerpt":"The EGX30 fell 2.2% at today\u2019s close on turnover of EGP 4.6 bn (15.5% below the 90-day average). Local investors were the sole net buyers. 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