{"id":613820,"date":"2024-01-21T00:00:00","date_gmt":"2024-01-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/"},"modified":"2024-01-21T00:00:00","modified_gmt":"2024-01-21T00:00:00","slug":"what-the-markets-are-doing-on-21-january-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/","title":{"rendered":"What the markets are doing on 21 January, 2024"},"content":{"rendered":"

The EGX30 rose 3.3% at today\u2019s close<\/strong> on turnover of EGP 6.1 bn (100.1% above the 90-day average). Foreign investors were net buyers. The index is up 11.4% YTD.<\/p>\n

In the green: <\/strong>Talaat Moustafa Group (+12%), Alexandria Containers and Cargo Handling (+10.8%), and Mopco (+10.8%).<\/p>\n

In the red: <\/strong>Edita (-2.1%), E-finance (-1.6%), and CIRA Education (-0.7%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 rose 3.3% at today\u2019s close on turnover of EGP 6.1 bn (100.1% above the 90-day average). Foreign investors were net buyers. The index is up 11.4% YTD. In the green: Talaat Moustafa Group (+12%), Alexandria Containers and Cargo Handling (+10.8%), and Mopco (+10.8%). In the red: Edita (-2.1%), E-finance (-1.6%), and CIRA Education […]<\/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-613820","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":"f1d84f36-475b-41b1-970e-ea958396af4d","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[613805],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.8a0fa897-8376-42c3-9735-055c4ab382dc.mp3"},"yoast_head":"\nWhat the markets are doing on 21 January, 2024 - 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\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/\" \/>\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 21 January, 2024\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose 3.3% at today\u2019s close on turnover of EGP 6.1 bn (100.1% above the 90-day average). Foreign investors were net buyers. The index is up 11.4% YTD. In the green: Talaat Moustafa Group (+12%), Alexandria Containers and Cargo Handling (+10.8%), and Mopco (+10.8%). In the red: Edita (-2.1%), E-finance (-1.6%), and CIRA Education […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-21T00:00:00+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\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 21 January, 2024\",\"datePublished\":\"2024-01-21T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/\"},\"wordCount\":57,\"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\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/\",\"name\":\"What the markets are doing on 21 January, 2024 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2024-01-21T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What the markets are doing on 21 January, 2024\"}]},{\"@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 21 January, 2024 - 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\/2024\/01\/21\/what-the-markets-are-doing-on-21-january-2024\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 21 January, 2024","og_description":"The EGX30 rose 3.3% at today\u2019s close on turnover of EGP 6.1 bn (100.1% above the 90-day average). 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Local investors were the sole net buyers. The index is up 22.5% YTD.In the green: Orascom Construction (+1.2%).In the red: Raya Holding (-7.0%), Qalaa Holdings (-6.7%), and Kima (-5.3%).","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":580344,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/20\/what-the-markets-are-doing-on-20-december-2022\/","url_meta":{"origin":613820,"position":1},"title":"What the markets are doing on 20 December, 2022","author":"enterpriseam admin","date":"20 December 2022","format":false,"excerpt":"The EGX30 fell 1.5% at today\u2019s close on turnover of EGP 2.36 bn (54.5% above the 90-day average). Local investors were net buyers. The index is up 21.5% YTD.In the green: Palm Hills Development (+10.8%), Telecom Egypt (+4.9%) and Juhayna (+3.0%).In the red: Mopco (-4.2%), EFG Hermes (-4.1%) and 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":708006,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/04\/what-the-markets-are-doing-on-4-june-2026\/","url_meta":{"origin":613820,"position":2},"title":"What the markets are doing on 4 June 2026","author":"enterpriseam admin","date":"4 June 2026","format":false,"excerpt":"The EGX30 rose 0.2% at today\u2019s close on turnover of EGP 10.8 bn (31.6% above the 90-day average). Local investors were the sole net buyers. The index is up 25.9% YTD.In the green: Emaar Misr (+4.7%), Ibnsina Pharma (+3.0%), and Juhayna (+2.8%).In the red: Kima (-3.8%), Orascom Investment Holding (-3.4%),\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":583447,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/28\/what-the-markets-are-doing-on-28-february-2023\/","url_meta":{"origin":613820,"position":3},"title":"What the markets are doing on 28 February, 2023","author":"enterpriseam admin","date":"28 February 2023","format":false,"excerpt":"Egytrans\u2019 net income jumped 152.4% y-o-y to EGP 46.1 mn in 2022, according to an EGXdisclosure (pdf). Revenues, meanwhile, rose 36.3% to EGP 400.1 mn.Export Development Bank\u2019s (EBank)net income climbed 113.5% y-o-y to EGP 1.3 bn in 2022, according to an EGX disclosure (pdf). The state-owned bank\u2019s net interest income\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":554733,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/08\/amoc-reverses-net-loss-position-egytrans-reports-lower-bottomline\/","url_meta":{"origin":613820,"position":4},"title":"AMOC reverses net loss position; Egytrans reports lower bottomline","author":"enterpriseam admin","date":"8 November 2021","format":false,"excerpt":"EARNINGS WATCH- Logistics company Egytrans has reported a bottomline of EGP 10.8 mn in 9M2021, down 10% y-o-y, according to its earnings statement (pdf). Revenues inched up 34% y-o-y to EGP 200.6 mn during the first nine months of the year.Alexandria Mineral Oils Company (AMOC) reversed a net loss position\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":544638,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/14\/raya-holding-returns-to-the-black-in-2021\/","url_meta":{"origin":613820,"position":5},"title":"Raya Holding returns to the black in 2021","author":"enterpriseam admin","date":"14 March 2022","format":false,"excerpt":"Raya Holding\u2019s net income rose to EGP 541.4 mn in 2021, after having posted losses of EGP 45.7 mn the year before, according to the company\u2019s financials (pdf). Revenues rose to EGP 16.9 bn, compared with EGP 10.8 bn in 2020.","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"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\/613820","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=613820"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/613820\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/613805"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=613820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=613820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=613820"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=613820"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=613820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}