{"id":653646,"date":"2024-10-20T00:00:00","date_gmt":"2024-10-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/"},"modified":"2024-10-20T00:00:00","modified_gmt":"2024-10-20T00:00:00","slug":"what-the-markets-are-doing-on-20-october-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/","title":{"rendered":"What the markets are doing on 20 October 2024"},"content":{"rendered":"

The EGX30 fell 2.0% at today\u2019s close<\/strong> on turnover of EGP 4.2 bn (2.9% above the 90-day average). Non-Arab foreign investors were net sellers. The index is up 18.6% YTD.<\/p>\n

In the green: <\/strong>Ezz Steel (+6.1%), Oriental Weavers (+4.5%) and Eastern Company (+2.0%).<\/p>\n

In the red: <\/strong>Elsewedy Electric (-4.5%), Cleopatra Hospitals (-4.2%), and TMG Holding (-4.0%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 2.0% at today\u2019s close on turnover of EGP 4.2 bn (2.9% above the 90-day average). Non-Arab foreign investors were net sellers. The index is up 18.6% YTD. In the green: Ezz Steel (+6.1%), Oriental Weavers (+4.5%) and Eastern Company (+2.0%). In the red: Elsewedy Electric (-4.5%), Cleopatra Hospitals (-4.2%), and TMG Holding […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7219],"tags":[68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-653646","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":"952306b2-b609-413c-8cc6-173fd571c66f","order":"10","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[653632],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.b7a0bbfe-f650-458a-bdd8-ffb081849ca7.mp3"},"yoast_head":"\nWhat the markets are doing on 20 October 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\/10\/20\/what-the-markets-are-doing-on-20-october-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 20 October 2024\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 2.0% at today\u2019s close on turnover of EGP 4.2 bn (2.9% above the 90-day average). Non-Arab foreign investors were net sellers. The index is up 18.6% YTD. In the green: Ezz Steel (+6.1%), Oriental Weavers (+4.5%) and Eastern Company (+2.0%). In the red: Elsewedy Electric (-4.5%), Cleopatra Hospitals (-4.2%), and TMG Holding […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-20T00:00:00+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\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 20 October 2024\",\"datePublished\":\"2024-10-20T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/\"},\"wordCount\":57,\"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\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/\",\"name\":\"What the markets are doing on 20 October 2024 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2024-10-20T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/what-the-markets-are-doing-on-20-october-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 20 October 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 20 October 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\/10\/20\/what-the-markets-are-doing-on-20-october-2024\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 20 October 2024","og_description":"The EGX30 fell 2.0% at today\u2019s close on turnover of EGP 4.2 bn (2.9% above the 90-day average). 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International investors were the sole net sellers. The index is up 2.9% YTD.In the green: EFG Holding (+4.5%), Telecom Egypt (+4.2%), and Egyptian Kuwaiti Holding -EGP (+4.2%).In the red: EgyptAlum (-2.1%), GB\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":669371,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/31\/what-the-markets-are-doing-on-31-july-2025\/","url_meta":{"origin":653646,"position":1},"title":"What the markets are doing on 31 July 2025","author":"enterpriseam admin","date":"31 July 2025","format":false,"excerpt":"The EGX30 rose 1.0% at today\u2019s close on turnover of EGP 4.2 bn (17.1% below the 90-day average). Local investors were the sole net buyers. The index is up 15.0% YTD.In the green: GB Corp (+4.9%), Beltone Holding (+4.7%), and Rameda (+4.2%).In the red: Edita (-2.0%), Abou Qir Fertilizers (-0.6%),\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":668732,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/20\/what-the-markets-are-doing-on-20-july-2025\/","url_meta":{"origin":653646,"position":2},"title":"What the markets are doing on 20 July 2025","author":"enterpriseam admin","date":"20 July 2025","format":false,"excerpt":"The EGX30 rose 0.7% at today\u2019s close on turnover of EGP 4.5 bn (9.6% below the 90-day average). Regional investors were the sole net sellers. The index is up 14.6% YTD.In the green: Orascom Development (+4.5%), Beltone Holding (+4.2%), and Ibnsina Pharma (+3.4%).In the red: Emaar Misr (-1.1%), Eipico (-0.8%),\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":545348,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/earnings-watch-maridive-oil-and-services-arab-dairy\/","url_meta":{"origin":653646,"position":3},"title":"Earnings watch: Maridive Oil and Services, Arab Dairy","author":"enterpriseam admin","date":"22 March 2022","format":false,"excerpt":"EARNINGS WATCH-Maridive Oil and Services narrowed its losses to USD 78.07 mn in FY2021, down from USD 143.26 mn the year before, according to the company\u2019s financials (pdf). This came as the company\u2019s revenues fell 36% to USD 115.83 mn, compared to USD 180.53 mn in FY2020.Arab Dairy saw its\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":690484,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/29\/what-the-markets-are-doing-on-29-march-2026\/","url_meta":{"origin":653646,"position":4},"title":"What the markets are doing on 29 March 2026","author":"enterpriseam admin","date":"29 March 2026","format":false,"excerpt":"The EGX30 fell 1.3% at today\u2019s close on turnover of EGP 6.2 bn (5.7% below the 90-day average). International investors were the sole net sellers. The index is up 10.9% YTD.In the green: Qalaa Holdings (+6.6%), Egypt Aluminum (+6.2%), and Orascom Investment Holding (+3.9%).In the red: Abu Qir Fertilizers (-4.5%),\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":609255,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/01\/what-the-markets-are-doing-on-1-november-2023\/","url_meta":{"origin":653646,"position":5},"title":"What the markets are doing on 1 November 2023","author":"enterpriseam admin","date":"1 November 2023","format":false,"excerpt":"The EGX30 fell 0.5% at today\u2019s close on turnover of EGP 3.5 bn (46.2% above the 90-day average). Local investors were net sellers. 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