{"id":656127,"date":"2024-11-28T00:00:00","date_gmt":"2024-11-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/"},"modified":"2024-11-28T00:00:00","modified_gmt":"2024-11-28T00:00:00","slug":"what-the-markets-are-doing-on-28-november-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/","title":{"rendered":"What the markets are doing on 28 November 2024"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 rose 0.8% at today\u2019s close<\/strong> on turnover of EGP 2.3 bn (45.1% below the 90-day average). Egyptians investors were the sole net buyers. The index is up 20.9% 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>CIB (+3.6%), Palm Hills Development (+3.2%) and Fawry (+2.7%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Ezz Steel (-2.6%), Cleopatra Hospitals (-1.5%) and Egyptian Kuwaiti Holding -EGP (-1.5%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 rose 0.8% at today\u2019s close on turnover of EGP 2.3 bn (45.1% below the 90-day average). Egyptians investors were the sole net buyers. The index is up 20.9% YTD. In the green: CIB (+3.6%), Palm Hills Development (+3.2%) and Fawry (+2.7%). In the red: Ezz Steel (-2.6%), Cleopatra Hospitals (-1.5%) and Egyptian Kuwaiti [&hellip;]<\/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-656127","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":"231240f1-5283-4fa4-bf3f-d3f837d01ea0","order":"10","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[656112],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.96fe3820-a6e5-43b4-b072-5810ccfc9317.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 28 November 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\/11\/28\/what-the-markets-are-doing-on-28-november-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 28 November 2024\" \/>\n<meta property=\"og:description\" content=\"The EGX30 rose 0.8% at today\u2019s close on turnover of EGP 2.3 bn (45.1% below the 90-day average). Egyptians investors were the sole net buyers. The index is up 20.9% YTD. In the green: CIB (+3.6%), Palm Hills Development (+3.2%) and Fawry (+2.7%). In the red: Ezz Steel (-2.6%), Cleopatra Hospitals (-1.5%) and Egyptian Kuwaiti [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-28T00:00:00+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\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 28 November 2024\",\"datePublished\":\"2024-11-28T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/\"},\"wordCount\":59,\"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\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/\",\"name\":\"What the markets are doing on 28 November 2024 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2024-11-28T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/what-the-markets-are-doing-on-28-november-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 28 November 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 28 November 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\/11\/28\/what-the-markets-are-doing-on-28-november-2024\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 28 November 2024","og_description":"The EGX30 rose 0.8% at today\u2019s close on turnover of EGP 2.3 bn (45.1% below the 90-day average). 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Revenues rose 32.3% y-o-y to EGP 1.93 bn.MARKET ROUNDUP-The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 644 mn (25.5% above the 90-day average). Local investors were\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":566738,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/11\/egx30-turnover-below-egp-1-bn-mark-today\/","url_meta":{"origin":656127,"position":1},"title":"EGX30 turnover below EGP 1 bn mark today","author":"enterpriseam admin","date":"11 July 2021","format":false,"excerpt":"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 820 mn (33.1% below the 90-day average). Foreign investors were net sellers. The index is down 6.4% YTD.In the green: MM Group (+1.9%), TMG Holding (+1.5%) and Eastern Company (+0.8%).In the red: Oriental Weavers (-3.1%), Sidi Kerir Petrochemicals (-2.2%)\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":585174,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/11\/what-the-markets-are-doing-on-11-april-2023\/","url_meta":{"origin":656127,"position":2},"title":"What the markets are doing on 11 April, 2023","author":"enterpriseam admin","date":"11 April 2023","format":false,"excerpt":"MARKET NEWS-Rameda Pharma will distribute EGP 127.9 mn worth of bonus shares at EGP 0.5073 per share, according to an EGX disclosure (pdf). The issuance will raise the company\u2019s issued capital to EGP 380 mn and the number of its shares to 1.5 bn. MARKET ROUNDUP-The EGX30 rose 1.4% at\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":543202,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/market-roundup-on-16-january\/","url_meta":{"origin":656127,"position":3},"title":"Market roundup on 16 January","author":"enterpriseam admin","date":"16 January 2022","format":false,"excerpt":"The EGX30 fell 1.5% at today\u2019s close on turnover of EGP 556 mn (53.4% below the 90-day average). Foreign investors were net buyers. The index is down 1.0% YTD.In the green: MM Group (+2.3%), AMOC (+1.5%) and EFG Hermes (+0.2%).In the red: Rameda (-4.9%), Fawry (-4.9%) and Raya Holding (-3.7%).","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":557821,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/","url_meta":{"origin":656127,"position":4},"title":"Dice turns to profit in 2Q2021","author":"enterpriseam admin","date":"5 September 2021","format":false,"excerpt":"Clothing manufacturer Dice reported a net profit of EGP 1.8 mn for 2Q2021, up from losses of EGP 47.9 mn recorded during the same quarter last year, according to the company\u2019s latest earnings release (pdf). The company\u2019s revenues rose to EGP 369 mn from EGP 185 mn in 2Q2020.The EGX30\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":552506,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/08\/what-the-markets-are-doing-on-8-september-2022\/","url_meta":{"origin":656127,"position":5},"title":"What the markets are doing on 8 September, 2022","author":"enterpriseam admin","date":"8 September 2022","format":false,"excerpt":"The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 1.24 bn (26.9% above the 90-day average). Local investors were net buyers. The index is down 14.1% YTD.In the green: Juhayna (+4.1%), Credit Agricole Egypt (+4.0%) and Madinet Nasr Holding (+3.7%).In the red: AMOC (-1.7%), MOPCO (-1.5%) and Eastern\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/656127","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=656127"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/656127\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/656112"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=656127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=656127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=656127"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=656127"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=656127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}