Egyptian Stock Exchange falling below 5700 points .. "EGX70" rises 0.7%

Egyptian stock indexes experienced variation in performance at the end of the trading session on Sunday, initial sessions of the week, and main index dropped "EGX 30", by 0.35%, or 20.25 points, to reach the level of 5695.62 point Mitrdjaa to Madon 5700 points.

The stock index rose small and medium "EGX 70", by 0.66%, or 3.21 points to 492.6 points. The broader index "EGX 100", by 0.66%, or 3.21 points, to reach the level of 492.6 points.

The value of trading on the stock nearly 313.505 million pounds handled 76.37 million shares through more than 20 thousand transactions, while the total value of the market, including primary dealers and transfer market to 803.69 million pounds handled 77.886 million shares through 20.35 thousand transactions. The total market capitalization 386.307 billion pounds compared to 386.44 billion pounds by the end of trading last Thursday, a decline of 133 million pounds.

Tended Egyptians towards buying a net buying 39.386 million pounds after Hakqo purchases worth 770.692 million pounds compared to sales of $ 731.306 million pounds, while foreign investors tended and Aer estimated sales net sell me 26.522 million and 12.863 million pounds pounds, respectively.

Institutions accounted for 68.51% of total trading, and tended the Arabs and foreigners, of whom about sales, while individuals accounted for 31.48%, and tended towards buying them Egyptians.

Bourse reduced its morning gains and closed slightly higher

Ended Egyptian stock indexes trading session on Sunday, preliminary hearings this week, the rise of mass proportions slightly, after offsetting much of the gains achieved in early trading. index rose thirty adult "EGX 30", by 0.18% equivalent to 10.52 points up to the level of 5713.45 points. The benchmark stock of small and medium "EGX 70", about 0.17% equivalent to 0.84 points to reach the level of 483.66 points. index rose broader "EGX 100", which includes equity components of the indices "EGX 30 and 70", by 0.26%, or 2.1 points to 813.22 points.

Slight rise in stock indexes last week's sessions

Ended Egyptian stock indexes trading session on Thursday, the rise of mass indexes, and index gained thirty adult "EGX 30", by 0.21% equivalent to 12 points to close at 5702.93 points, surpassing the 5700 points. rose stock index of small and medium "EGX 70 "by 0.21% equivalent to 1.02 points to close at 482.82 points.index rose broader "EGX 100", which includes equity components of the indices "EGX 30 and 70", by 0.05% equivalent to 0.41 points to close at 811.12 points.

Bourse cut rise trip lasted 5 sessions egyption exchange

Helped market decline trend Bearish for foreigners and Arabs after Hakqo net sell me worth 9.896 million pounds and 61.2 million pounds respectively, while tended Egyptians towards buying after Hakqo purchases worth 519.6 million pounds compared to sales of $ 448.5 million, with net buying 71.118 million pounds.

Egyptian stock indexes ended the primary and secondary trading session on Wednesday, on a collective decline, and fell thirty adult "EGX 30", by 1.81%, or 104.64 points, to close at 5690.93 points, crashed so without the level of 5700 points.

The index of small and medium-sized stocks, "EGX 70", by 0.21%, or 0.99 points, to close at 481.8 points. The broader index fell "EGX 100", by 0.61%, or 4.98 points, to close at 810.71 points.

Unexpected session in terms of landing and redness, but ...... Red came more than expected due to correct trade and Telecom .........

Day drops 104 points and the breach of the 5735 not only his justification one, but a performance of negative trade after cutting its credit ratings, if we talk about the market in general and excluded arrow was Alahpot milder lot and performance was very natural as it fell bag 70 less than a point and green many shares some even zero Offers!

Stabilize stock indexes Green Zone close below 5800 points

Rose Egyptian stock indexes around collectively at the end of the trading session on Tuesday, 

week'strading, and closed main index "EGX 30", which tracks the performance of active thirty companies, at an altitude of 0.81% equivalent to 46.75 points to level 5795.57 points, down from the highest level during the day, after breaking the level of 5800 points in mid-session. The benchmark stock of small and medium "EGX 70" by 0.24% equivalent to 1.16 points to 482.79 points, while the index rose "EGX 100", the broader which includes companies comprising the indices "EGX 30 and 70", by 0.38%, or 3.10 points, to reach 815.69 points.

Egyptian Stock Exchange exceed the level of 5600 points, up 0.6%

Egyptian Stock Exchange ended the trading session on Thursday, last week's sessions, on a collective rise to the primary and secondary indicators and succeeded main index "EGX 30" in overcoming the barrier of 5,600 points, up 0.55%, or 30.48 points, to close at 5606.49 points.
The stock index rose small and medium "EGX 70" by 1.75%, or 8 points, to close at 465.54 points, while the broader index rose "EGX 100", about 1.21%, or 9.42 points, to close at 790.19 points.

Egyptian stock indexes varied during the current trading week

Egyptian stock indexes varied during the current trading week, the index rose thirty adult "EGX 30" by a slight 0.35%, or 20 points from the level of 5734.39 points, stable above the level of 5750 points to close at 5754.51 points, extending its gains for the second consecutive week.

The benchmark stock of small and medium "EGX 70", by 0.48% equivalent to 2.38 points to decline from the level of 498.26 points to 495.88 points, while the index fell "EGX 100", broader, about 0.37%, or 3 points, dropping from 835.23 points to close at 832.14 points .

And lost market capital of approximately 724 million pounds to reach 387.976 billion pounds compared to 388.7 billion pounds late last week. And limited trading this week to only 4 sessions where stock market closed down on Monday on the occasion of Christmas.

Egyptian stock indexes trading day

Egyptian stock indexes ended the trading day Sunday, the first session of the week, the contrast, and moved down the main "EGX 30", which measures the performance of the Top 30 companies by a slight reached 0.01% to 5733.97 points, after gains over the past five sessions.

The benchmark stock of small and medium "EGX 70", up slightly 0.01% to close at 498.30 points, erasing its losses morning achieved in early trading, either index broader "EGX 100", which includes companies making up the indices "EGX 30 and 70 ", scored a decline of 0.07% to 834.65 points.

It is worth mentioning that the Egyptian Stock Exchange has decided to consider on Monday an official holiday on the occasion of glorious , noting that the market will resume work on Tuesday, Jan. 8

Stock rises 6% in the week gains of 15.5 billion pounds .. The experts expect targeting 6 thousand points

Egyptian stock indexes ended the trading week, on a collective rise, and the index of thirty adults by 5.85%, or 316.8 points, to jump from the level of 5417.59 points to close at 5734.39 points.

The benchmark stock of small and medium "EGX 70", by 3.94% equivalent to 18.89 points to jump from the level of 479.37 points to close at 498.26 points, while the index rose "EGX 100", wider by 4.3%, or 34.3 points, to jump from 800.93 points to close at 835.23 points.

And gain market capital of approximately 15.5 billion pounds to 388.7 billion pounds compared to 373.2 billion pounds late last week. And limited trading this week to only 4 sessions where stock market closed down on Tuesday for a bank holiday.

President Speech supports indicators 'stock' in last week's sessions

Rose Egyptian stock indexes around collectively at the end of the trading session on Thursday, last week's sessions, backed by a letter of President Mohamed Morsi yesterday, and increased main index "EGX30", which tracks the performance of active thirty companies, by 2.21% equivalent to 116.99 points to reach the level of 5417.59 point.

The benchmark stock of small and medium "EGX70", about 1.92% equivalent to 9.02 points to reach the level of 479.37 points, while the index rose "EGX100", wider, which includes companies making up the indices "EGX30" and "EGX70", by 1.85% equivalent to 14.53 points up to the level of 800.93 points

Stock Exchange modify its course and earn 700 million pounds

Support from the rise of stock market today Purchases Arab and foreign investors, after achieved net buying 9.8 million pounds and 31.9 million pounds respectively, while tended Egyptians towards selling intensified after the achieved sales of $ 315.6 million pounds compared to purchases worth 273.8 million pounds net bearish 41.8 millionpounds.

Institutions accounted for 26.02% of total trading, and tended the Arabs and foreigners, of whom about buying a net buying 5.3 million pounds and 30.9 million pounds respectively, while individuals accounted for 73.97% and tended towards selling them Egyptians net sell me 25 million pounds.

Egyptian stock indexes ended the trading session on Monday, the high mass, unlike main index "EGX30" which measures the performance of the most active thirty companies, its bearish trend in early trading to close at rising by 0.20% to close at 5372.66 points.

Stock index as profit small and medium "EGX70" by about 0.30% to close at 476.09 points, and the index "EGX 100" wider by about 0.30% to close at 795.18 points.

Stock jump 5.4% in the week gains of 13.5 billion pounds .. And looking forward to the results of the constitutional referendum - direct

Stock indices were mixed America during the middle of the trading session on Thursday, the Dow Jones industrial average of leading U.S. shares by 0.07%, or 9.76 points to close at 13242.21 points.

The benchmark Standard & Poor's broader, which measures the performance of the most active 500 companies by 0.08%, or 1.09 points, to close at 1436.9 points.

The Nasdaq Composite Index laced technology companies by about 0.09%, or 2.84 points, to close at 3041.52 points.

Egyptian Stock Exchange losing about one billion pounds

Ended indicators Basrah dealings today fell collectively driven operations selling by investors Egyptians and Arabs while tended Tamlat foreigners to buy index closed the main bourse down amounted to about one billion pounds and accounted Egyptian investors about 80% of the transactions on stock today and achieved net sale value of 10.8% million pounds and Arabs held the 6% and achieved a net sale of 2.3% million pounds, 

while foreigners held the 4% achieved by the purchase value of 19.2% million pounds

Egyptian stock indexes

Egyptian stock indexes major and minor dealings on the high mass today, Sunday, the start of trading of the week, and closed adults, closing up for the fourth day in a row by 2.52% equivalent to 140.68 points to close at 5293.14 points, and the capital gain market nearly 6.5 billion pounds , supported by non-formal primary indicators that pointed to the approval of the constitution during the first phase of the referendum, as shown by the results of the count of offering those who said "yes" versus "no."
The Egyptians began yesterday, to vote in the referendum on the new draft constitution, in 10 provinces representing the first stage, the center of political polarization in the Egyptian street between supporters and opponents of the new constitution, and continue voting until next Monday, while ending the second phase of the referendum on Dec. 22 in the rest of the provinces, and in conjunction with the continued vote of Egyptians abroad until next Monday
The benchmark stock of small and medium "EGX70", by 13.75 points, or the equivalent of 2.97% to close at 477.09 points, while the index rose "EGX100", wider, which includes companies making up the indices "EGX30" and "EGX70", by 2.80% equivalent to 21.66 points to close at 795.12 points.

Egyptian stock indexes current week trading

Egyptian stock indexes varied during the current trading week, and went up the main index "EGX30", which tracks the performance of the most active thirty companies, by 1.1%, or 64 points, to reach the level of 5739.02 points, surpassing the level of 5800 points to close at 5803 points. The benchmark stock of small and medium "EGX70", during the week slightly below the one-point, 0.1% to the level of 533.34 points against 533.98 points, 

while the index fell "EGX100", wider, which includes companies making up the indices "EGX30" and "EGX70" , by 0.4%, or 3.57 points, to close at 883.5 points.

Exceeded the value of trades barrier two billion and a half billion to $ 2.583 billion pounds, after trading 953.194 million shares distributed to 138.8 thousand transactions. 

The market capitalization increased to restricted shares during the week amounted to 1.881 billion pounds for up to 398.054 billion pounds by the end of trading Thursday against 396.173 billion pounds during the meeting last Thursday.

index of the Egyptian Stock Exchange trading

Concluded the main index of the Egyptian Stock Exchange trading week, down by 0.3% at 5739 points, after rising during the previous session, and decline came after the announcement of new demonstrations on Friday in protest at a court ruling acquitted all the defendants in the incident signed sentences. Followed index twentieth 0.5% at 6666 points, and in comparison, the stock index of small and medium slightly higher b 0.02 per cent at 534 points, closing index cent wider at 887 points (-0.3%), amid a recovery in the value of trades amounted to a total 822.5 million pounds.

Toyota, GM demanding compensation of $ 73.8 million

According to Japanese news agency Kyodo that the carmaker giant Toyota has filed a lawsuit against General Motors for damages relating to take its second plant closing in common between the two companies earlier this year in California. Toyota and demands in the lawsuit filed in U.S. Bankruptcy Court, GM paid $ 73.8 million because of breach of the contract signed between the two companies to build a joint factory under the name of NUMMI. Where General Motors pulled out last April of the project and that affected Bivlassha declared in June 2009. The U.S. media has pointed out that NUMMI has also filed a lawsuit against General Motors asking them to pay $ 365 million in compensation for damages resulting from the disintegration of the joint venture with Toyota.

Minister of Finance that the Egyptian economy has witnessed many developments

Dr. Youssef Boutros Ghali, Minister of Finance that the Egyptian economy has witnessed many developments that have contributed to increased rates of growth, pointing out that the government has focused on reforms to create a 3-axis variation in the economy With the stability of policies and the emphasis on the rule of law and this is focused on by the Ministry of Finance.

He said that the Ministry of Finance launched the process of reforms of customs to facilitate trade
International, pointing out that the Egyptian customs were considered the most complex in terms of procedures
Customs clearance, and that the time for the release of the messages take a long time, but
Now, the time of the release of the messages has become only a few hours, the Customs Department has obtained
Egyptian ISO 9001,

which confirms the extent of development achieved in
Methods of work and access to quality levels comparable to international standards.
This came during the opening of the Conference and Minister for Innovation and Technology Forum today
Tuesday's organized by the World Customs Organization in collaboration with the Egyptian Customs Authority
And continue its work for three days with 200 participants representing all the international organizations
The customs authorities at the level of the world, and held for the first time outside Europe.

He added that the system of customs reforms created clear procedures and specific for the release of
Customs procedures and this stable and transparent in dealing with importers
And exporters.

He added that the march of development in the ongoing customs to reflect what is actually witnessed by the economy
Egypt's development and growth, pointing out that the role of customs is no longer raise funds for the benefit of
The public treasury, but is the first line of defense for national security against illegal practices
Terrorism and also next to protect consumers and ensure that incoming messages matching the
Is labeled and not leaking fake or counterfeit items affecting the safety and health of the consumer.

Dr. Youssef Boutros Ghali, Minister of Finance said that development and modernization is also extended to
Tax system so as not to be an impediment to the productive sector, but support and help him.
The minister added that technology and modern methods of examination and inspection has become part
Essential work of the Egyptian customs system, said that the Ministry of Finance is seeking to transfer all
Working methods developed and applied in the interests of the customs in the countries of the developed world to
Egypt, still have some way to go in this area.

The minister pointed to the cooperation of the Customs Department with many agencies and relevant parties
Private business organizations Valjmark different operating system within the framework of a larger work of the service
Economics is also the protection of intellectual property one of the main tasks that it is keen
As a key tool to attract international investment.

For his part, stressed Comino Mekoria Secretary-General of the World Customs Organization to develop
That occurred in the Egyptian Customs over the past years, Egypt's position in the ranks of
The most advanced in this area .. Hailing at the same time by a number of governments to
The level of the world, including Egypt, to develop and modernize customs systems so as to comply with the requirements
On strengthening the global trade.

He pointed out - in his speech to the conference today - that Egypt is one of the most important centers of the Middle
East, Africa, and of great interest by the organization prompting them to hold conference
Present for the first time outside the Belgian capital.
He stressed the Secretary General World Customs Organization on the importance of the introduction of technological systems Modern customs system, not only for help in carrying out their work easily
But to help the world trading system in general .. Especially since the United Nations has set
Among the targets of the current millennium strengthen and update international trade and customs to a major role in
That development.

He warned of terrorist attacks aimed at countries in the world and use all the means by which
Entering the country through the customs outlets in addition to counterfeiting and forgery also
In particular, counterfeit medicines in addition to the regular smuggling of weapons
And medicines and drugs, therefore, the burden is greatest on the customs in the detection and the face of these
All operations.

He said that this conference is of great importance and its consequences would result in the formation and chart the way
Future uses of modern technology, especially with the evolution of terrorism and counterfeiting
And smuggling.
In turn, "said Ahmed, head of the Saudi Customs Egyptian Customs that the work is no longer
Aimed at collecting taxes or fees without considering the needs of society, but has become a
Insurance for international trade and the best interest of both exporter and importer and the well-being
Top of the people.

He Arabia - In his speech to the conference - that what happened in the Egyptian Customs achievement is
Unprecedented, where I got first place in 2008 as the best government department after it was facing
Complex bureaucratic problems .. He pointed out that the support of political management in Egypt to develop
Customs contributed to a shift in the historical customs of thought in Egypt.

Lower price per ton of Ezz Steel by 150 pounds

Ezz Steel Group decided to reduce the price per ton of steel by 150 pounds for delivery in October to reach price per ton of iron of this kind ex-factory to 3700 and reach the consumer, to about 3850 pounds.
The price per ton of Ezz Steel during the month of September rose by about 350 pounds to about 3850
Pounds ex-factory and reach the consumer after the addition of transportation costs and profit margin to about 4
Thousands of pounds per ton.

 
An official source told the company that the goal of reducing the price is moving the market and face
State of severe recession, which is suffering from it, especially after the high price for delivery in September, as
That the price of a raw billet enters the main industry in the rebar has seen stable
Relatively in the past month.

It is expected to announce the rest of the national companies and investment prices in the 24
The next hour, as it was awaiting announcement of Ezz Group as the largest production companies
Iron in Egypt and the Middle East, covering more than 60% of the needs of the local market.

The rest of the companies followed the example of Ezz Steel in the last month and raised prices to reach
Average price per ton of steel in these companies are close to the price of Ezz Steel, while the keenness of iron
Turkey to reduce oil prices at around 200 pounds per ton price of domestic production.

The domestic market is still suffering from a severe recession and a lack of demand despite the end of
Ramadan seasons and holidays, and the volume of idle stock in the stores and warehouses
For more than a million tons, prompting traders to sometimes having to sell for less than price
Advertiser in order to encourage citizens to turn to buy the product and the reduction of the National
Increased acquisition of the Turkish importer of iron on the market.

sidelines of the Euromoney Cairo 2010 : The government hopes to raise growth to 9% in two years

- Dr. Youssef Boutros Ghali and Minister of Finance, said he hoped that the estimated growth of between 8 and 9% in two years and 6% by the end of this year compared to 5.2% in 2009-2010, as predicted in remarks on the sidelines of the Euromoney Cairo 2010, which began its meetings yesterday that the falling budget deficit to 7.9% by the end of this year versus 8.3% last year.
Boutros-Ghali said at the conference, which involved money in sponsorship in the media and distributed through a special annex attached to the English-language and third in Arabic next to the Gazette that the government will focus on a number of issues during the coming period, primarily education and re-distribution of income as it plans to cut poverty in half within two years.

Ghali said in an opening speech before the first session of the conference that the importance of the global economy lies in the amount of investment pumped by investors in the Egyptian economy, noting that many investors believe that Egypt has a promising opportunities for growth may enable them to follow the example of China in the future.
For his part, Dr. Mahmoud Mohi El Din, Minister of previous investment that the investment rules and visions changed dramatically after the global financial crisis and has made the survival of the smartest able to keep pace with these changes and not stronger.

Select the Minister of Investment, the former 5 factors that must be met in any country is willing to maintain its position as the center of the global economy are summarized in improving the quality of human capital and raising the reliance on technology and promote the growth of a culture conducive to business growth next Alastqrrarin political and economic as well as the availability of the desire of the State itself in cooperation with other countries and exchange of investments and methods of information transfer.

Considered Mohiuddin what was raised in the recent past about shaking the confidence of investors in the domestic market as well as the clouds on the future vision of the local economy and its ability to attract foreign investment, something naked of health and called the application of the five criteria mentioned above to rule on Egypt's position, stressing that the perspective of an investor's long-term in the domestic market is considered stable under the political and economic stability enjoyed by the state.

In a related development, Minister of Investment said that the former despite the fact that investment in infrastructure in the local market area is still beloved for the private sector in the current period, the proportion of private sector contribution of the total port infrastructure projects does not exceed 2% compared to 25-40% countries East Asia, which led him to advocate a greater intensification of private sector participation in infrastructure projects which will be parallel with the Government's focus on investment in the same area.