{"id":619030,"date":"2024-04-23T00:00:00","date_gmt":"2024-04-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/"},"modified":"2024-04-23T00:00:00","modified_gmt":"2024-04-23T00:00:00","slug":"what-the-markets-are-doing-on-23-april-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/","title":{"rendered":"What the markets are doing on 23 April 2024"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 fell 4.9% at today\u2019s close<\/strong> on turnover of EGP 3.7 bn (26.3% below the 90-day average). Local investors were net sellers. The index is up 7.6% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Oriental Weavers (+0.5%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Fawry (-8.6%), Orascom Development Egypt (-8.6%) and Alexandria Mineral Oils Company (-8.0%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 fell 4.9% at today\u2019s close on turnover of EGP 3.7 bn (26.3% below the 90-day average). Local investors were net sellers. The index is up 7.6% YTD. In the green: Oriental Weavers (+0.5%). In the red: Fawry (-8.6%), Orascom Development Egypt (-8.6%) and Alexandria Mineral Oils Company (-8.0%).<\/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-619030","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":"91e1739e-dd52-4012-908c-d544cc482d47","order":"10","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[619015],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.6229ce57-c0fb-49b6-9ace-7a832af16720.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What the markets are doing on 23 April 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\/04\/23\/what-the-markets-are-doing-on-23-april-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 23 April 2024\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 4.9% at today\u2019s close on turnover of EGP 3.7 bn (26.3% below the 90-day average). Local investors were net sellers. The index is up 7.6% YTD. In the green: Oriental Weavers (+0.5%). In the red: Fawry (-8.6%), Orascom Development Egypt (-8.6%) and Alexandria Mineral Oils Company (-8.0%).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-23T00:00:00+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\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 23 April 2024\",\"datePublished\":\"2024-04-23T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/\"},\"wordCount\":53,\"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\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/\",\"name\":\"What the markets are doing on 23 April 2024 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2024-04-23T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/23\/what-the-markets-are-doing-on-23-april-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 23 April 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 23 April 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\/04\/23\/what-the-markets-are-doing-on-23-april-2024\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 23 April 2024","og_description":"The EGX30 fell 4.9% at today\u2019s close on turnover of EGP 3.7 bn (26.3% below the 90-day average). 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Local investors were net buyers. The index is up 17.8% YTD.In the green: AMOC (+11.0%), Fawry (+8.6%) and Sidi Kerir Petrochemicals (+8.3%).In the red: Eastern Company (-1.1%).","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","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":619030,"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 &quot;GO WITH THE FLOW&quot;","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":581053,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/what-the-markets-are-doing-on-2-february-2023\/","url_meta":{"origin":619030,"position":2},"title":"What the markets are doing on 2 February, 2023","author":"enterpriseam admin","date":"2 February 2023","format":false,"excerpt":"The EGX30 fell 0.9% at today\u2019s close on turnover of EGP 1.87 bn (4.2% above the 90-day average). Foreign investors were net sellers. The index is up 11.4% YTD.In the green: Edita Food Industries (+11.0%), Juhayna (+2.7%) and Credit Agricole Egypt (+1.2%).In the red: Oriental Weavers (-8.6%), GB Auto (-6.5%)\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","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":583090,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/what-the-markets-are-doing-on-7-february-2023\/","url_meta":{"origin":619030,"position":3},"title":"What the markets are doing on 7 February, 2023","author":"enterpriseam admin","date":"7 February 2023","format":false,"excerpt":"The EGX30 rose 1.9% at today\u2019s close on turnover of EGP 2.0 bn (9.6% above the 90-day average). Local investors were net sellers. The index is up 15.8% YTD.In the green: Oriental Weavers (+8.6%), Ezz Steel (+7.3%) and Qalaa Holdings (+6.2%).In the red: Palm Hills Developments (-1.8%) and e-finance (-1.1%).","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","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":552448,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/05\/what-the-markets-are-doing-on-5-september-2022\/","url_meta":{"origin":619030,"position":4},"title":"What the markets are doing on 5 September, 2022","author":"enterpriseam admin","date":"5 September 2022","format":false,"excerpt":"The EGX30 rose 1.8% at today\u2019s close on turnover of EGP 1.63 bn (46.4% above the 90-day average). Local investors were net buyers. The index is down 14.8% YTD.In the green: Telecom Egypt (+15.8%), Ezz Steel (+8.6%) and Citadel Capital (+6.9%).In the red: Egyptian Kuwaiti Holding-EGP (-1.4%), Abu Qir Fertilizers\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","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":545160,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/earnings-watch-emaar-misr\/","url_meta":{"origin":619030,"position":5},"title":"Earnings watch: Emaar Misr","author":"enterpriseam admin","date":"8 March 2022","format":false,"excerpt":"EARNINGS WATCH-Emaar Misr\u2019s bottom line rose around 118% y-o-y to EGP 4.12 bn in 2021, according to the company\u2019s financials (pdf). Revenues increased 137% y-o-y, reaching EGP 11.08 bn. 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