{"id":635091,"date":"2024-07-23T00:00:00","date_gmt":"2024-07-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/"},"modified":"2024-07-23T00:00:00","modified_gmt":"2024-07-23T00:00:00","slug":"what-the-markets-are-doing-on-23-july-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/","title":{"rendered":"What the markets are doing on 23 July 2024"},"content":{"rendered":"

The EGX30 rose 0.7% at today\u2019s close<\/strong> on turnover of EGP 4.3 bn (9.7% above the 90-day average). Local investors were the sole net buyers. The index is up 17.3% YTD.<\/p>\n

In the green: <\/strong>Egypt Kuwait Holding (+6.3%), ADIB (+6.2%), and Orascom Development (+5.7%).<\/p>\n

In the red: <\/strong>Orascom Construction (-1.3%), Abu Qir Fertilizers (-1.2%), and Talaat Moustafa Group (-1.2%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 rose 0.7% at today\u2019s close on turnover of EGP 4.3 bn (9.7% above the 90-day average). Local investors were the sole net buyers. The index is up 17.3% YTD. In the green: Egypt Kuwait Holding (+6.3%), ADIB (+6.2%), and Orascom Development (+5.7%). In the red: Orascom Construction (-1.3%), Abu Qir Fertilizers (-1.2%), 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":[7219],"tags":[68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635091","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":"dd2e0a3d-dee3-488b-aeda-e4abda298dd9","order":"10","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[635076],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.a5110e34-a42a-4d9b-ba0d-d7ef8f3ef7d6.mp3"},"yoast_head":"\nWhat the markets are doing on 23 July 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\/07\/23\/what-the-markets-are-doing-on-23-july-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 July 2024\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose 0.7% at today\u2019s close on turnover of EGP 4.3 bn (9.7% above the 90-day average). Local investors were the sole net buyers. The index is up 17.3% YTD. In the green: Egypt Kuwait Holding (+6.3%), ADIB (+6.2%), and Orascom Development (+5.7%). In the red: Orascom Construction (-1.3%), Abu Qir Fertilizers (-1.2%), and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-23T00:00:00+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\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 23 July 2024\",\"datePublished\":\"2024-07-23T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/\"},\"wordCount\":60,\"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\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/\",\"name\":\"What the markets are doing on 23 July 2024 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2024-07-23T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/23\/what-the-markets-are-doing-on-23-july-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 July 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 July 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\/07\/23\/what-the-markets-are-doing-on-23-july-2024\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 23 July 2024","og_description":"The EGX30 rose 0.7% at today\u2019s close on turnover of EGP 4.3 bn (9.7% above the 90-day average). 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Regional investors were net buyers. The index is up 3.48% YTD.In the green: GB Auto (+3.0%), Eastern Co. (+1.2%) and EKH (+1.0%).In the red: Orascom Financial (-4.2%), Credit Agricole (-3.7%) and Heliopolis\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":557876,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/egx30-up-2-7-ytd\/","url_meta":{"origin":635091,"position":1},"title":"EGX30 up 2.7% YTD","author":"enterpriseam admin","date":"8 September 2021","format":false,"excerpt":"The EGX30 rose 0.4% at today\u2019s close on turnover of EGP 1.4 bn (81% below the 90-day average). Egyptian investors were net buyers. The index is up 2.7% YTD.In the green: Speed Medical (+2.6%), Orascom Development Egypt (+2.6%) and Oriental Weavers (+2.5%).In the red: Raya (-2.7%), Sidi Kerir Petrochemicals (-1.5%)\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":566689,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/oih-dice-report-1q2021-earnings\/","url_meta":{"origin":635091,"position":2},"title":"OIH, Dice report 1Q2021 earnings","author":"enterpriseam admin","date":"7 July 2021","format":false,"excerpt":"EARNINGS WATCH- Orascom Investment Holding (OIH) reported net losses of EGP 31 mn in 1Q2021, compared to a net income of EGP 51.6 mn in the same quarter last year, according to its consolidated financials (pdf). Operating revenues were up to EGP 206.6 mn during the quarter from EGP 179.4\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":551758,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/19\/the-market-on-19-july-2022\/","url_meta":{"origin":635091,"position":3},"title":"The market on 19 July 2022","author":"enterpriseam admin","date":"19 July 2022","format":false,"excerpt":"The EGX30 rose 1.9% at today\u2019s close on turnover of EGP 1.2 bn (31.7% above the 90-day average). Local investors were net buyers. The index is down 24.4% YTD.In the green: CIRA (+10.3%), Orascom Development Egypt (+4.8%) and GB Auto (+4.4%).In the red: Cleopatra Hospitals (-5.1%), Madinet Nasr Housing (-3.5%)\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":586854,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/17\/what-the-markets-are-doing-on-17-may-2023\/","url_meta":{"origin":635091,"position":4},"title":"What the markets are doing on 17 May, 2023","author":"enterpriseam admin","date":"17 May 2023","format":false,"excerpt":"The EGX30 fell 1.1% at today\u2019s close on turnover of EGP 1.92 bn. Foreign investors were net sellers. The index is up 15.4% YTD.In the green: Taalem Management Services (+2.1%), Orascom Construction (+1.3%) and Telecom Egypt (+1.2%).In the red: Oriental Weavers (-6.8%), Sidi Kerir Petrochemicals (-6.8%) and Ezz Steel (-5.2%).","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":556674,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/10\/the-market-on-10-october-2021\/","url_meta":{"origin":635091,"position":5},"title":"The market on 10 October 2021","author":"enterpriseam admin","date":"10 October 2021","format":false,"excerpt":"The EGX30 rose 1.2% at today\u2019s close on turnover of EGP 939 mn (39.3% below the 90-day average). Foreign investors were net sellers. The index is down 1.7% YTD.In the green: Egyptian Kuwait Holding-EGP (+5.6%), AMOC (+2.8%) and Mopco (+2.8%).In the red: Rameda (-2.4%), GB Auto (-2.0%) and 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\/635091","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=635091"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635091\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/635076"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=635091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=635091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=635091"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=635091"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=635091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}