{"id":614828,"date":"2024-02-07T00:00:00","date_gmt":"2024-02-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/"},"modified":"2024-02-07T00:00:00","modified_gmt":"2024-02-07T00:00:00","slug":"what-the-markets-are-doing-on-7-february-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/","title":{"rendered":"What the markets are doing on 7 February, 2024"},"content":{"rendered":"

The EGX30 rose 2.3% at today\u2019s close<\/strong> on turnover of EGP 6.3 bn (74.1% above the 90-day average). Foreign investors were net buyers. The index is up 12.1% YTD.<\/p>\n

In the green:<\/strong>Sidpec (+12.8%), Oriental Weavers (+8.2%) and Telecom Egypt (+5.1%).<\/p>\n

In the red: <\/strong>GB Corp (-6.3%), Ibnsina Pharma (-5.0%) and Juhayna (-4.0%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 rose 2.3% at today\u2019s close on turnover of EGP 6.3 bn (74.1% above the 90-day average). Foreign investors were net buyers. The index is up 12.1% YTD. In the green:Sidpec (+12.8%), Oriental Weavers (+8.2%) and Telecom Egypt (+5.1%). In the red: GB Corp (-6.3%), Ibnsina Pharma (-5.0%) and Juhayna (-4.0%).<\/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-614828","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":"cd6669cd-8aea-45a0-b57b-2e2f1c8330c2","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[614811],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.a94f9d45-9eb7-4818-86e2-d8b86482c69c.mp3"},"yoast_head":"\nWhat the markets are doing on 7 February, 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\/02\/07\/what-the-markets-are-doing-on-7-february-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 7 February, 2024\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose 2.3% at today\u2019s close on turnover of EGP 6.3 bn (74.1% above the 90-day average). Foreign investors were net buyers. The index is up 12.1% YTD. In the green:Sidpec (+12.8%), Oriental Weavers (+8.2%) and Telecom Egypt (+5.1%). In the red: GB Corp (-6.3%), Ibnsina Pharma (-5.0%) and Juhayna (-4.0%).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-07T00:00:00+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\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 7 February, 2024\",\"datePublished\":\"2024-02-07T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/\"},\"wordCount\":54,\"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\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/\",\"name\":\"What the markets are doing on 7 February, 2024 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2024-02-07T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/07\/what-the-markets-are-doing-on-7-february-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 7 February, 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 7 February, 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\/02\/07\/what-the-markets-are-doing-on-7-february-2024\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 7 February, 2024","og_description":"The EGX30 rose 2.3% at today\u2019s close on turnover of EGP 6.3 bn (74.1% above the 90-day average). 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Foreign investors were net sellers. The index is up 0.3% YTD.In the green: Fawry (+6.4%), AMOC (+5.1%) and Mopco (+2.8%).In the red: Aspire Capital (-9.5%), Pioneers Properties (-6.3%) and Gadwa Industrial 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":[]},{"id":545198,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/10\/the-market-on-10-march-2022\/","url_meta":{"origin":614828,"position":1},"title":"The market on 10 March 2022","author":"enterpriseam admin","date":"10 March 2022","format":false,"excerpt":"The EGX30 rose 0.4% at today\u2019s close on turnover of EGP 996 mn (6.3% above the 90-day average). Foreign investors were net sellers. The index is up\/down 12.5% YTD.In the green: Heliopolis Housing (+4.2%), Fawry (+2.8%) and Ezz Steel (+2.6%).In the red: Cleopatra Hospital (-3.0%), CIRA (-2.9%) and Sidi Kerir\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":588765,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/15\/what-the-markets-are-doing-on-15-june-2023\/","url_meta":{"origin":614828,"position":2},"title":"What the markets are doing on 15 June, 2023","author":"enterpriseam admin","date":"15 June 2023","format":false,"excerpt":"The EGX30 was essentially flat at today\u2019s close on turnover of EGP 1.91 bn. Foreign investors were net buyers. The index is up 22.5% YTD.In the green: Credit Agricole (+6.3%), Eastern Company (+3.9%) and Heliopolis Housing (+3.3%).In the red: Telecom Egypt (-3.1%), Qalaa Holdings (-3.0%) and Juhayna (-2.3%).","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":556947,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/31\/market-roundup-on-31-october\/","url_meta":{"origin":614828,"position":3},"title":"Market roundup on 31 October","author":"enterpriseam admin","date":"31 October 2021","format":false,"excerpt":"The EGX30 fell 0.8% at today\u2019s close on turnover of EGP 1.18 bn (22.9% below the 90-day average). Local investors were net buyers. The index is up 5.3% YTD.In the green: Raya Holding (+10.3%), Aspire Capital (+6.3%) and Speed Medical (+4.2%).In the red: Ezz Steel (-11.8%), Abou Kir Fertilizers (-6.1%)\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":580603,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/09\/what-the-markets-are-doing-on-9-january-2023\/","url_meta":{"origin":614828,"position":4},"title":"What the markets are doing on 9 January, 2023","author":"enterpriseam admin","date":"9 January 2023","format":false,"excerpt":"The EGX30 rose 0.6% at today\u2019s close on turnover of EGP 2.77 bn (73.3% above the 90-day average). Regional investors were net sellers. The index is up 10.3% YTD.In the green: Qalaa Holdings (+6.3%), Credit Agricole Egypt (+3.7%) and CIB (+2.2%).In the red: Juhayna (-3.2%), GB Auto (-3.0%) and CIRA\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":551228,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/02\/market-roundup-on-2-june-2022\/","url_meta":{"origin":614828,"position":5},"title":"Market roundup on 2 June 2022","author":"enterpriseam admin","date":"2 June 2022","format":false,"excerpt":"The EGX30 fell 0.8% at today\u2019s close on turnover of EGP 447 mn (47% below the 90-day average). Local investors were net buyers. The index is down 16.3% YTD.In the green: Ibnsina Pharma (+7.1%), Madinet Nasr Housing (+6.3%) and Palm Hills Development (+3.6%).In the red: CIB (-2.4%), EFG Hermes (-2.0%)\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\/614828","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=614828"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/614828\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/614811"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=614828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=614828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=614828"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=614828"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=614828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}