{"id":606759,"date":"2023-09-20T00:00:00","date_gmt":"2023-09-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/"},"modified":"2023-09-20T00:00:00","modified_gmt":"2023-09-20T00:00:00","slug":"what-the-markets-are-doing-on-20-september-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/","title":{"rendered":"What the markets are doing on 20 September, 2023"},"content":{"rendered":"

The <\/strong> EGX30 fell 0.8% at today\u2019s close <\/strong> on turnover of EGP 2.9 bn (35.5% above the 90-day average). Local investors were net sellers. The index is up 35.6% YTD.<\/p>\n

In the green: <\/strong>Alexandria Containers and Cargo Handling (+6.9%), Sidi Kerir Petrochemicals (+6.6%) and Alexandria Mineral Oils Company (+5.1%).<\/p>\n

In the red: <\/strong>Mopco (-5.1%), GB Corp (-4.8%) and Qalaa Holdings (-4.7%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 0.8% at today\u2019s close on turnover of EGP 2.9 bn (35.5% above the 90-day average). Local investors were net sellers. The index is up 35.6% YTD. In the green: Alexandria Containers and Cargo Handling (+6.9%), Sidi Kerir Petrochemicals (+6.6%) and Alexandria Mineral Oils Company (+5.1%). In the red: Mopco (-5.1%), GB Corp […]<\/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-606759","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":"6ac7f021-e624-4ed1-b0a7-4a9bf272402f","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[606742],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/9\/.32e152ab-6bec-4351-8ec6-68141e064d32.mp3"},"yoast_head":"\nWhat the markets are doing on 20 September, 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\/09\/20\/what-the-markets-are-doing-on-20-september-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 20 September, 2023\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 0.8% at today\u2019s close on turnover of EGP 2.9 bn (35.5% above the 90-day average). Local investors were net sellers. The index is up 35.6% YTD. In the green: Alexandria Containers and Cargo Handling (+6.9%), Sidi Kerir Petrochemicals (+6.6%) and Alexandria Mineral Oils Company (+5.1%). In the red: Mopco (-5.1%), GB Corp […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-20T00:00:00+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\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 20 September, 2023\",\"datePublished\":\"2023-09-20T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/\"},\"wordCount\":61,\"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\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/\",\"name\":\"What the markets are doing on 20 September, 2023 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2023-09-20T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/what-the-markets-are-doing-on-20-september-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 20 September, 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 20 September, 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\/09\/20\/what-the-markets-are-doing-on-20-september-2023\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 20 September, 2023","og_description":"The EGX30 fell 0.8% at today\u2019s close on turnover of EGP 2.9 bn (35.5% above the 90-day average). 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The company will pay out EGP 1.1127 per share on 13 February. MARKET ROUNDUP-The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 2.15 bn (26.4% above 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":552665,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/20\/what-the-markets-are-doing-on-20-september-2022\/","url_meta":{"origin":606759,"position":1},"title":"What the markets are doing on 20 September, 2022","author":"enterpriseam admin","date":"20 September 2022","format":false,"excerpt":"The EGX30 rose 1.59% at today\u2019s close on turnover of EGP 1.04 bn (8.6% above the 90-day average). Regional investors were net sellers. The index is down 16.22% YTD.In the green: Fawry (+6.2%), Elsewedy Electric (+5.1%) and Madinet Nasr Housing (+4.5%).In the red: Eastern Company (-1.3%), Ibnsina Pharma (-1.2%) 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":553192,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/25\/what-the-markets-are-doing-on-25-october-2022\/","url_meta":{"origin":606759,"position":2},"title":"What the markets are doing on 25 October, 2022","author":"enterpriseam admin","date":"25 October 2022","format":false,"excerpt":"The EGX30 rose 1.49% at today\u2019s close on turnover of EGP 992.5 mn (2.8% below the 90-day average). Local investors were net sellers. The index is down 12.34% YTD.In the green: Orascom Construction (+5.6%), CIB (+5.1%) and Madinet Nasr for Housing and Development (+4.2%).In the red: e-Finance (-2.1%), Alexandria Containers\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":565584,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/the-market-on-18-april-2021\/","url_meta":{"origin":606759,"position":3},"title":"The market on 18 April 2021","author":"enterpriseam admin","date":"18 April 2021","format":false,"excerpt":"The EGX30 rose 2.1% at today\u2019s close on turnover of EGP 460 mn (65.9% below the 90-day average). Local investors were net sellers. The index is down 4.5% YTD.In the green: GB Auto (+6.5%), CIB (+3.4%) and MM Group (+3.3%).In the red: CI Capital (-1.8%) and Export Development Bank (-0.3%).Alexandria\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":552226,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/21\/earnings-watch-amoc-reports-fy-2021-2022-earnings-2\/","url_meta":{"origin":606759,"position":4},"title":"Earnings watch: AMOC reports FY 2021-2022 earnings","author":"enterpriseam admin","date":"21 August 2022","format":false,"excerpt":"EARNINGS WATCH- Alexandria Mineral Oils Company (AMOC) reported a net income of EGP 1.22 bn in FY 2021-2022, up 144% y-o-y, according to the company\u2019s financial statement (pdf). The company recorded EGP 18.44 bn in sales during the fiscal year, rising 81% y-o-y. MARKET ROUNDUP- The EGX30 rose 2.4% at\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":571069,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/28\/port-of-alexandria-development-to-be-completed-in-two-years\/","url_meta":{"origin":606759,"position":5},"title":"Port of Alexandria development to be completed in two years","author":"enterpriseam admin","date":"28 April 2020","format":false,"excerpt":"The Alexandria Port is set to complete its EGP 840 mn cargo truck overpass, EGP 460 multi-storey garage, and new mooring and docking facilities within two years, Transport Minister Kamel El Wazir said (watch, runtime: 6:33). The port\u2019s development, which will cost a total of EGP 6 bn including EGP\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/606759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=606759"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/606759\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/606742"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=606759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=606759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=606759"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=606759"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=606759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}