{"id":649430,"date":"2024-10-09T00:00:00","date_gmt":"2024-10-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/"},"modified":"2024-10-09T00:00:00","modified_gmt":"2024-10-09T00:00:00","slug":"faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/","title":{"rendered":"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles"},"content":{"rendered":"

China\u2019s stock rally slows as investors await more details on stimulus plans:<\/strong> Chinese officials speaking at a press conference expected to unveil details of its planned stimulus package failed to deliver the bold measures investors had hoped for, throwing a wrench in the country\u2019s equity rally<\/a>, Reuters<\/a> reports. The country\u2019s markets had initially opened strong following the country\u2019s Golden-Week Holiday, climbing to their highest levels in over two years. Policymakers had announced last month the largest stimulus package since the pandemic late last month in a bid to kickstart the economy. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

By the index: <\/strong>The Shanghai Composite closed 4.6% higher, while blue-chip CS1300 gained 5.9% as both benchmarks rolled back some of the double-digit gains seen earlier in the day. Meanwhile, Hong Kong\u2019s Hang Seng Index fell 9.4%, marking its worst single-day drop since 2008 after raking massive gains in recent weeks, the newswire said. The exchange\u2019s mainland properties subindex (HSMPI) recorded its largest-ever single-day drop, closing down 15.5%. However, analysts suggest the drop is in great part due to traders closing out their weekly gains.<\/p>\n

Spillover: <\/strong>China-linked assets also took hits on the back of Tuesday\u2019s reset. Australia\u2019s AUD, the CNY, and iron ore were all in the red, Reuters said. Mining stocks and European luxury stocks also fell.<\/p>\n

Stimulus details fell far short of what was hoped for:<\/strong> Economic planner chairman Zheng Shanje\u2019s announcement that some CNY 200 bn (USD 28.6 bn) were being reallocated from next year\u2019s budget to support projects and municipal government fell far short of what market watchers expected, the newswire said. Analysts had forecasted a fiscal package to the tune of CNY 3 tn (USD 425 bn), Bloomberg<\/a> reports. The stimulus package outlined so far has been heavy on monetary easing, but the fiscal measures investors are waiting for have so far failed to materialize. <\/p>\n

What investors are going to be looking for:<\/strong> \u201cUltimately for the rally to be sustainable, we need to see more fiscal policy and more measures to support the economy and the property market,\u201d Reuters cites managing director of investment strategy at OCBC in Singapore Vasu Menon as saying. <\/p>\n

Next up:<\/strong> China\u2019s Finance Ministry is expected to make an announcement in upcoming days that may outline the fiscal shot in the arm everyone is waiting for. Morgan Stanley and HSBC Holdings have penciled in some CNY 2 tn in fiscal measures, with Citigroup citing a larger CNY 3 tn forecast. <\/p>\n

\n

MARKETS THIS MORNING-<\/p>\n

It\u2019s a mixed bag this morning<\/strong>, as Asian markets are just barely in the green in early trading, with Japan\u2019s Nikkei leading the pack. Meanwhile, futures indicate US equity markets are on track to open in the red. <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30<\/strong><\/p>\n<\/td>\n

\n

30,852<\/p>\n<\/td>\n

\n

-3.0% (YTD: +23.9%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 48.51<\/p>\n<\/td>\n

\n

Sell 48.65<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CIB)<\/strong><\/p>\n<\/td>\n

\n

Buy 48.5<\/p>\n<\/td>\n

\n

Sell 48.6<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates (CBE)<\/strong><\/p>\n<\/td>\n

\n

27.25% deposit<\/p>\n<\/td>\n

\n

28.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

12,027<\/p>\n<\/td>\n

\n

+1.0% (YTD: +0.5%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

9,259<\/p>\n<\/td>\n

\n

+1.2% (YTD: -3.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

4,429<\/p>\n<\/td>\n

\n

+0.8% (YTD: +9.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

5,751<\/p>\n<\/td>\n

\n

+1.0% (YTD: +20.6%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

8,191<\/p>\n<\/td>\n

\n

-1.4% (YTD: +5.9%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx 50<\/strong><\/p>\n<\/td>\n

\n

4,949<\/p>\n<\/td>\n

\n

-0.4% (YTD: +9.5%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 77.56<\/p>\n<\/td>\n

\n

-4.2%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas (Nymex)<\/strong><\/p>\n<\/td>\n

\n

USD 2.73<\/p>\n<\/td>\n

\n

-0.5%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 2,635<\/p>\n<\/td>\n

\n

-1.2%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 62,364<\/p>\n<\/td>\n

\n

-1.1% (YTD: +47.4%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

\n

THE CLOSING BELL-<\/p>\n

The EGX30 fell 3.0% at yesterday\u2019s close<\/strong> on turnover of EGP 6.1 bn (49.7% above the 90-day average). Local investors were the sole net buyers. The index is up 23.9% YTD.<\/p>\n

In the green: <\/strong>Edita (+2.7%) and Cleopatra Hospitals (+1.3%).<\/p>\n

In the red: <\/strong>Elsewedy Electric (-12.8%), GB Corp (-5.6%), and Emaar Misr (-5.2%).<\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese stocks let loose after stimulus plans were first unveiled late last month<\/p>\n","protected":false},"author":1,"featured_media":649431,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7210],"tags":[72,119,122],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-enterpriseam","tag-financial-markets","tag-planet-finance","wpautop","entry"],"acf":{"mongo_id":"6ac06a35-35e8-44ef-acba-9d10ef90eb32","order":"15","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/671.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles","related_issue":[649403],"teaser":"Chinese stocks let loose after stimulus plans were first unveiled late last month","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.9a44bf98-82f7-4128-81b7-dbe58309519b.mp3"},"yoast_head":"\nFaced with a lack of clarity on stimulus package, Chinese equity boom stumbles - 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\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles\" \/>\n<meta property=\"og:description\" content=\"Chinese stocks let loose after stimulus plans were first unveiled late last month\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-09T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles\",\"datePublished\":\"2024-10-09T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/\"},\"wordCount\":580,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Financial Markets\",\"Planet Finance\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/\",\"name\":\"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-10-09T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles\"}]},{\"@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":"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles - 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\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/","og_locale":"en_US","og_type":"article","og_title":"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles","og_description":"Chinese stocks let loose after stimulus plans were first unveiled late last month","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-10-09T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles","datePublished":"2024-10-09T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/"},"wordCount":580,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","Financial Markets","Planet Finance"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/","name":"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1","datePublished":"2024-10-09T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/faced-with-a-lack-of-clarity-on-stimulus-package-chinese-equity-boom-stumbles\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/671.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":645906,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/01\/chinas-stock-market-is-now-in-bull-territory-as-stimulus-package-drives-extended-rally\/","url_meta":{"origin":649430,"position":0},"title":"China\u2019s stock market is now in bull territory as stimulus package drives extended rally","author":"enterpriseam admin","date":"1 October 2024","format":false,"excerpt":"The tech-heavy ChiNext index posted its best single-day performance since it was established in 2010","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/17.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561020,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/22\/what-the-markets-are-doing-on-22-march-2021\/","url_meta":{"origin":649430,"position":1},"title":"What the markets are doing on 22 March 2021","author":"enterpriseam admin","date":"22 March 2021","format":false,"excerpt":"The Biden administration's USD 1.9 tn stimulus plan could propel the global economy back to pre-covid levels \u201cif US domestic sensitivities over trade can be contained,\u201d analysts tell the Financial Times. The White House is likely to come under pressure to place new curbs on imports, as his stimulus bill\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":656794,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/china-headed-for-further-stimulus-in-2025\/","url_meta":{"origin":649430,"position":2},"title":"China headed for further stimulus in 2025","author":"enterpriseam admin","date":"10 December 2024","format":false,"excerpt":"President Xi\u2019s politburo announced plans for a looser monetary policy, moving away from the \u201cprudent\u201d approach previously followed","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/860.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602068,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/em-equities-to-claw-back-2018-losses-blackrock\/","url_meta":{"origin":649430,"position":3},"title":"EM equities to claw back 2018 losses- BlackRock","author":"enterpriseam admin","date":"18 March 2019","format":false,"excerpt":"EM equities will claw back their 2018 losses, says BlackRock: Emerging-market stocks will (as an asset class) recoup \u201cmost, if not all\u201d of the losses they sustained in 2018, BlackRock\u2019s Gordon Fraser told Bloomberg. Improving EM liquidity, driven by the US Federal Reserve\u2019s pause on rate hikes \u2014 coupled with\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1111.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567707,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/what-the-markets-are-doing-on-3-december-2020\/","url_meta":{"origin":649430,"position":4},"title":"What the markets are doing on 3 December 2020","author":"enterpriseam admin","date":"3 December 2020","format":false,"excerpt":"The EGX30 fell 0.2% yesterday on turnover of EGP 1.9 bn (31.9% above the 90-day average). Foreign investors were net sellers. The index is down -21.1% YTD.In the green: Eastern Company (+4.9%), Export Development Bank of Egypt (+4.3%) and Dice (+4.3%).In the red: Juhayna (-6.3%), Edita (-2.1%) and GB Auto\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644405,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/25\/china-rolls-out-stimulus-package-to-give-a-boost-to-the-economy\/","url_meta":{"origin":649430,"position":5},"title":"China rolls out stimulus package to give a boost to the economy","author":"enterpriseam admin","date":"25 September 2024","format":false,"excerpt":"China\u2019s benchmark CSI 300 Index rose by 4.3% on the news","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649430","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=649430"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649430\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/649431"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649430"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649430"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}