{"id":612262,"date":"2023-12-19T00:00:00","date_gmt":"2023-12-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/"},"modified":"2023-12-19T00:00:00","modified_gmt":"2023-12-19T00:00:00","slug":"what-the-markets-are-doing-on-19-december-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/","title":{"rendered":"What the markets are doing on 19 December, 2023"},"content":{"rendered":"

The EGX30 fell 1% at today\u2019s close<\/strong> on turnover of EGP 5 bn (55.7% above the 90-day average). Regional investors were net sellers. The index is up 71.8% YTD.<\/p>\n

In the green: <\/strong>Talaat Moustafa Group (+6.3%), Ezz Steel (+3.5%) and Telecom Egypt (+0.8%).<\/p>\n

In the red: <\/strong>Juhayna for Food Manufacturing (-5.9%), Orascom Development (-4.3%) and e-finance (-3.5%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 1% at today\u2019s close on turnover of EGP 5 bn (55.7% above the 90-day average). Regional investors were net sellers. The index is up 71.8% YTD. In the green: Talaat Moustafa Group (+6.3%), Ezz Steel (+3.5%) and Telecom Egypt (+0.8%). In the red: Juhayna for Food Manufacturing (-5.9%), Orascom Development (-4.3%) and […]<\/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":[1],"tags":[68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612262","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-egx","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"9af2ef36-978c-4d19-a83f-f0b8d2e62842","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[612247],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.0b2bc0b6-2018-417c-86cb-0eac0f218852.mp3"},"yoast_head":"\nWhat the markets are doing on 19 December, 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\/12\/19\/what-the-markets-are-doing-on-19-december-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 19 December, 2023\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 1% at today\u2019s close on turnover of EGP 5 bn (55.7% above the 90-day average). Regional investors were net sellers. The index is up 71.8% YTD. In the green: Talaat Moustafa Group (+6.3%), Ezz Steel (+3.5%) and Telecom Egypt (+0.8%). In the red: Juhayna for Food Manufacturing (-5.9%), Orascom Development (-4.3%) and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-19T00:00:00+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\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 19 December, 2023\",\"datePublished\":\"2023-12-19T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/\"},\"wordCount\":58,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EGX\",\"EnterprisePM\",\"Go with the Flow\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/\",\"name\":\"What the markets are doing on 19 December, 2023 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2023-12-19T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/what-the-markets-are-doing-on-19-december-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 19 December, 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 19 December, 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\/12\/19\/what-the-markets-are-doing-on-19-december-2023\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 19 December, 2023","og_description":"The EGX30 fell 1% at today\u2019s close on turnover of EGP 5 bn (55.7% above the 90-day average). 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Foreign investors were net sellers. The index is down 2.2% YTD.In the green: Fawry (+4.7%), GB Auto (+3.5%) and Eastern Company (+3.5%).In the red: MM Group (-1.9%), Oriental Weavers (-1.7%) and Orascom\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":569330,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/569330\/","url_meta":{"origin":612262,"position":1},"title":"CORRECTION- We incorrectly stated in\u2026","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"CORRECTION- We incorrectly stated in our analysis of the EGP yesterday that annual tourism revenues rose from EGP 3.5 bn to USD 12.6 bn since 2015. Revenues increased from USD 3.5 bn, not EGP 3.5 bn. We also have amended the export figures, which rose from USD 7 bn in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603512,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/24\/etisalat-misr-reports-egp-3-5-bn-in-revenues-for-1q2019\/","url_meta":{"origin":612262,"position":2},"title":"Etisalat Misr reports EGP 3.5 bn in revenues for 1Q2019","author":"enterpriseam admin","date":"24 April 2019","format":false,"excerpt":"EARNINGS WATCH- Etisalat Misr reported revenues of c.EGP 3.5 bn (AED 755.3 mn) for 1Q2019, a 16.7% increase compared to the same period last year, the company said in its earnings report (pdf).","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650747,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/","url_meta":{"origin":612262,"position":3},"title":"Orascom Development Holding issues 3.5 mn EDRs","author":"enterpriseam admin","date":"30 March 2017","format":false,"excerpt":"Orascom Development Holding AG has issued 3.5 mn Egyptian Depositary Receipts (EDRs), bringing the total number of company EDRs being traded to 186.3 mn, according to an official bourse announcement picked up by Youm7.","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":611223,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/govt-downgrades-2023-24-growth-forecast\/","url_meta":{"origin":612262,"position":4},"title":"Gov\u2019t downgrades 2023-24 growth forecast","author":"enterpriseam admin","date":"4 December 2023","format":false,"excerpt":"The country\u2019s planning minister has forecast 3.5% growth this fiscal year, a 0.7 percentage-point downgrade from her previous estimate last month","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/159.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633901,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/22\/what-the-markets-on-22-july-2024\/","url_meta":{"origin":612262,"position":5},"title":"What the markets on 22 July 2024","author":"enterpriseam admin","date":"22 July 2024","format":false,"excerpt":"The EGX30 rose 0.7% at today\u2019s close on turnover of EGP 4.8 bn (22.9% above the 90-day average). Local investors were the sole net sellers. The index is up 16.5% YTD.In the green: Madinet Masr (+5.7%), Egypt Kuwait Holding (+3.5%), and AMOC (+2.9%).In the red: GB Corp (-4.1%), Orascom Development\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612262","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=612262"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612262\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/612247"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=612262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=612262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=612262"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=612262"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=612262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}