{"id":661235,"date":"2025-02-24T00:00:00","date_gmt":"2025-02-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/"},"modified":"2025-02-24T00:00:00","modified_gmt":"2025-02-24T00:00:00","slug":"what-the-markets-are-doing-on-24-february-2025","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/","title":{"rendered":"What the markets are doing on 24 February 2025"},"content":{"rendered":"

The EGX30 fell 0.3% at today\u2019s close<\/strong> on turnover of EGP 3.7 bn (1.9% above the 90-day average). International investors were the sole net sellers. The index is up 4.0% YTD.<\/p>\n

In the green: <\/strong>Orascom Development Egypt (+5.6%), Sidpec (+3.9%), and Orascom Construction (+1.2%).<\/p>\n

In the red: <\/strong>Juhayna (-2.5%), EFG Holding (-2.3%), and Rameda (-1.8%).<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 3.7 bn (1.9% above the 90-day average). International investors were the sole net sellers. The index is up 4.0% YTD. In the green: Orascom Development Egypt (+5.6%), Sidpec (+3.9%), and Orascom Construction (+1.2%). In the red: Juhayna (-2.5%), EFG Holding (-2.3%), and Rameda (-1.8%).<\/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-661235","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":"afd27cd1-42c2-4e94-b4d4-9fca15098ef4","order":"10","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[661217],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.a8a6b55a-b7f7-4b38-b52e-7495374ab41c.mp3"},"yoast_head":"\nWhat the markets are doing on 24 February 2025 - 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\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/\" \/>\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 24 February 2025\" \/>\n<meta property=\"og:description\" content=\"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 3.7 bn (1.9% above the 90-day average). International investors were the sole net sellers. The index is up 4.0% YTD. In the green: Orascom Development Egypt (+5.6%), Sidpec (+3.9%), and Orascom Construction (+1.2%). In the red: Juhayna (-2.5%), EFG Holding (-2.3%), and Rameda (-1.8%).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-24T00:00:00+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\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 24 February 2025\",\"datePublished\":\"2025-02-24T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/\"},\"wordCount\":56,\"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\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/\",\"name\":\"What the markets are doing on 24 February 2025 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2025-02-24T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What the markets are doing on 24 February 2025\"}]},{\"@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 24 February 2025 - 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\/2025\/02\/24\/what-the-markets-are-doing-on-24-february-2025\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 24 February 2025","og_description":"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 3.7 bn (1.9% above 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 "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":580894,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/orascom-construction-announces-2022-dividend-payout\/","url_meta":{"origin":661235,"position":1},"title":"Orascom Construction announces 2022 dividend payout","author":"enterpriseam admin","date":"24 January 2023","format":false,"excerpt":"MARKET WATCH-Orascom Construction will pay out dividends of EGP 5.535 (USD 0.185) per share for 2022, redeemable on 9 February, it said in an EGX disclosure (pdf) earlier today. The company will pay out a total of EGP 646 mn (USD 21.6 mn) worth of dividends. Shareholders whose shares are\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":566580,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/28\/go-with-the-flow-on-28-june\/","url_meta":{"origin":661235,"position":2},"title":"Go with the flow on 28 June","author":"enterpriseam admin","date":"28 June 2021","format":false,"excerpt":"The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 1.41 bn (11.4% above the 90-day average). Regional investors were net buyers. The index is down 5.3% YTD.In the green: GB Auto (+3.5%), Credit Agricole Egypt (+3.1%) and Abou Kir Fertilizers (+2.5%).In the red: Ezz Steel (-6.0%), Orascom Investment\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":545311,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/20\/orascom-developments-net-income-drops-52-9-y-o-y-in-4q2021\/","url_meta":{"origin":661235,"position":3},"title":"Orascom Development\u2019s net income drops 52.9% y-o-y in 4Q2021","author":"enterpriseam admin","date":"20 March 2022","format":false,"excerpt":"EARNINGS WATCH- Orascom Development Egypt\u2019s net income dropped 52.9% y-o-y in 4Q2021 to record EGP 100.70 mn, according to the company\u2019s earnings release (pdf). Revenues rose 25% y-o-y to record EGP 2.15 bn. Annually, the company recorded EGP 1.31 bn in net income in 2021, up 130% y-o-y, while revenues\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":565022,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/14\/the-market-on-14-march-2021\/","url_meta":{"origin":661235,"position":4},"title":"The market on 14 March 2021","author":"enterpriseam admin","date":"14 March 2021","format":false,"excerpt":"The EGX30 rose 0.3% at today\u2019s close on turnover of EGP 897 mn (39.6% below the 90-day average). Local investors were net sellers. 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The Orascom Investment Holding spinoff reported EGP 107.6 mn in operating revenues for the quarter,\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\/661235","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=661235"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/661235\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/661217"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=661235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=661235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=661235"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=661235"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=661235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}