{"id":623763,"date":"2024-06-10T00:00:00","date_gmt":"2024-06-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/"},"modified":"2024-06-10T00:00:00","modified_gmt":"2024-06-10T00:00:00","slug":"what-the-markets-are-doing-on-10-june-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/","title":{"rendered":"What the markets are doing on 10 June 2024"},"content":{"rendered":"

The EGX30 rose 0.9% at today\u2019s close<\/strong> on turnover of EGP 2.7 bn (42.1% below the 90-day average). Regional investors were net sellers. The index is up 4.0% YTD.<\/p>\n

In the green: <\/strong>Mopco (+5.3%), AMOC (+5.3%), and Juhayna (+3.9%).<\/p>\n

In the red: <\/strong>Palm Hills Development (-2.5%), Telecom Egypt (-1.3%), and Eastern Company (-1.3%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 rose 0.9% at today\u2019s close on turnover of EGP 2.7 bn (42.1% below the 90-day average). Regional investors were net sellers. The index is up 4.0% YTD. In the green: Mopco (+5.3%), AMOC (+5.3%), and Juhayna (+3.9%). In the red: Palm Hills Development (-2.5%), Telecom Egypt (-1.3%), and Eastern Company (-1.3%).<\/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-623763","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":"22ac812f-8c41-4525-8986-b84274f25fc9","order":"11","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[623747],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.a077ece4-973d-4f83-b4c4-3f64d0de31a9.mp3"},"yoast_head":"\nWhat the markets are doing on 10 June 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\/06\/10\/what-the-markets-are-doing-on-10-june-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 10 June 2024\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose 0.9% at today\u2019s close on turnover of EGP 2.7 bn (42.1% below the 90-day average). Regional investors were net sellers. The index is up 4.0% YTD. In the green: Mopco (+5.3%), AMOC (+5.3%), and Juhayna (+3.9%). In the red: Palm Hills Development (-2.5%), Telecom Egypt (-1.3%), and Eastern Company (-1.3%).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-10T00:00:00+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\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 10 June 2024\",\"datePublished\":\"2024-06-10T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/what-the-markets-are-doing-on-10-june-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\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/\",\"name\":\"What the markets are doing on 10 June 2024 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2024-06-10T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/what-the-markets-are-doing-on-10-june-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 10 June 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 10 June 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\/06\/10\/what-the-markets-are-doing-on-10-june-2024\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 10 June 2024","og_description":"The EGX30 rose 0.9% at today\u2019s close on turnover of EGP 2.7 bn (42.1% below the 90-day average). 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Foreign investors were net buyers. The index is up 5.3% YTD.In the green: Qalaa Holdings (+3.7%), Rameda (+3.5%) and Egyptian Resorts Company (+3.3%).In the red: CIRA (-2.4%), Fawry (-2.2%) and EFG Hermes\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":545235,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/14\/market-roundup-on-14-march\/","url_meta":{"origin":623763,"position":1},"title":"Market roundup on 14 March","author":"enterpriseam admin","date":"14 March 2022","format":false,"excerpt":"The EGX30 fell 0.6% at today\u2019s close on turnover of EGP 771 mn (16.5% below the 90-day average). Local investors were net buyers. The index is down 12.8% YTD.In the green: MM Group (+1.8%), Egypt Kuwait Holding-EGP (+1.3%) and Madinet Nasr Housing (+1.2%).In the red: Rameda (-5.5%), Ibnsina Pharma (-5.3%)\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":607492,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/03\/what-the-markets-are-doing-on-3-october-2023\/","url_meta":{"origin":623763,"position":2},"title":"What the markets are doing on 3 October, 2023","author":"enterpriseam admin","date":"3 October 2023","format":false,"excerpt":"The EGX30 fell 1.0% at today\u2019s close on turnover of EGP 1.6 bn (26.2% below the 90-day average). Local investors were net sellers. The index is up 35.0% YTD. In the green: EFG Holding (+1.3%), Fawry (+1.1%) and ADIB (+0.9%). In the red: Alexandria Mineral Oils (-7.9%), Orascom Development (-5.3%)\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":675176,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/09\/what-the-markets-are-doing-on-9-november-2025\/","url_meta":{"origin":623763,"position":3},"title":"What the markets are doing on 9 November 2025","author":"enterpriseam admin","date":"9 November 2025","format":false,"excerpt":"The EGX30 rose 2.2% at today\u2019s close on turnover of EGP 5.5 bn (14.5% above the 90-day average). Regional investors were the sole net sellers. The index is up 37.3% YTD.In the green: GB Corp (+5.7%), Eastern Company (+5.3%), and Arabian Cement (+4.9%).In the red: Raya Holding (-1.7%), Rameda (-1.4%),\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":686120,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/01\/what-the-markets-are-doing-on-1-february-2026\/","url_meta":{"origin":623763,"position":4},"title":"What the markets are doing on 1 February 2026","author":"enterpriseam admin","date":"1 February 2026","format":false,"excerpt":"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 5.3 bn (6.4% below the 90-day average). Local investors were the sole net buyers. The index is up 14.0% YTD.In the green: Edita (+5.0%), Qalaa Holdings (+4.8%), and Egypt Aluminum (+4.2%).In the red: GB Corp (-2.0%), CIB (-1.9%), 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":592196,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/01\/what-the-markets-are-doing-on-1-august-2023\/","url_meta":{"origin":623763,"position":5},"title":"What the markets are doing on 1 August, 2023","author":"enterpriseam admin","date":"1 August 2023","format":false,"excerpt":"EARNINGS WATCH-Alexandria Mineral Oils Company\u2019s (AMOC) consolidated net income rose 11% y-o-y to EGP 1.3 bn in FY 2022-23, according to an EGX disclosure (pdf). Revenues, meanwhile, climbed 31.3% to EGP 24.2 bn during the fiscal year. MARKET ROUNDUP-The EGX30 fell 0.2% at today\u2019s close on turnover of EGP 3.55\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\/623763","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=623763"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623763\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/623747"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=623763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=623763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=623763"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=623763"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=623763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}