{"id":589694,"date":"2023-07-06T00:00:00","date_gmt":"2023-07-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/what-the-markets-are-doing-on-6-july-2023\/"},"modified":"2023-07-06T00:00:00","modified_gmt":"2023-07-06T00:00:00","slug":"what-the-markets-are-doing-on-6-july-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/what-the-markets-are-doing-on-6-july-2023\/","title":{"rendered":"What the markets are doing on 6 July, 2023"},"content":{"rendered":"

The EGX30 fell 1.6% at today\u2019s close<\/span> on turnover of EGP 1.67 bn. Local investors were net<\/span> sellers. The index is up 17.2% YTD.<\/span><\/p>\n

In the green:<\/span> EFG Holding (+2.1%), Qalaa Holdings (+1.7%) and Edita (+1.3%).<\/span><\/p>\n

In the red: <\/span>Ibnsina Pharma (-4.0%), Egypt Kuwait Holding (-3.9%) and Elsewedy Electric (-3.5%).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 1.6% at today\u2019s close on turnover of EGP 1.67 bn. Local investors were net sellers. The index is up 17.2% YTD. In the green: EFG Holding (+2.1%), Qalaa Holdings (+1.7%) and Edita (+1.3%). In the red: Ibnsina Pharma (-4.0%), Egypt Kuwait Holding (-3.9%) and Elsewedy Electric (-3.5%).<\/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-589694","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":"59aa0896-11ef-4aa7-ad3b-58cdcc7bc92e","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[589679],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.2855c2ea-d61b-4793-85c5-69504abc991f.mp3"},"yoast_head":"\nWhat the markets are doing on 6 July, 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\/07\/06\/what-the-markets-are-doing-on-6-july-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 6 July, 2023\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 1.6% at today\u2019s close on turnover of EGP 1.67 bn. Local investors were net sellers. The index is up 17.2% YTD. In the green: EFG Holding (+2.1%), Qalaa Holdings (+1.7%) and Edita (+1.3%). 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The index is down 5.3% YTD.In the green: GB Auto (+3.5%), Credit Agricole Egypt (+3.1%) and Abou Kir Fertilizers (+2.5%).In the red: Ezz Steel (-6.0%), Orascom Investment\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":580105,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/07\/what-the-markets-are-doing-on-7-december-2022\/","url_meta":{"origin":589694,"position":2},"title":"What the markets are doing on 7 December, 2022","author":"enterpriseam admin","date":"7 December 2022","format":false,"excerpt":"The EGX30 rose 2.0% at today\u2019s close on turnover of EGP 3.2 bn. Foreign investors were net sellers. The index is up 23.8% YTD.In the green: EFG Hermes (+6.8%), Talaat Moustafa Holding (+6.1%) and Qalaa Holding (+5.9%).In the red: Rameda Pharma (-4.8%), Egypt Kuwait Holding-EGP (-2.4%) and Fawry (-1.7%).","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":543103,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/09\/porto-group-rebrands-to-arab-developers-holding\/","url_meta":{"origin":589694,"position":3},"title":"Porto Group rebrands to Arab Developers Holding","author":"enterpriseam admin","date":"9 January 2022","format":false,"excerpt":"MARKET NEWS-Porto Group is changing its name to Arab Developers Holding after receiving board approval, according to a bourse disclosure (pdf) today.MARKET ROUNDUP- The EGX30 fell 0.5% at today\u2019s close on turnover of EGP 484 mn (61.3% below the 90-day average). Regional investors were net buyers. The index is up\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":550658,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/raya-holding-wont-distribute-2021-dividends\/","url_meta":{"origin":589694,"position":4},"title":"Raya Holding won\u2019t distribute 2021 dividends","author":"enterpriseam admin","date":"13 April 2022","format":false,"excerpt":"MARKET NEWS- Raya Holding will not be distributing dividends to shareholders for the year ending on 31 December 2021, the company\u2019s general assembly agreed, according to an EGX disclosure (pdf). 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