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.

Egyptian Stock Exchange Index EGX August 29th

Egyptian Stock Exchange Index EGX 30 during the day Sunday, August 29th, 2010 by 0.14% to close at 6,465.08 points during the trading 56.571 million securities executed through the 15 987 Turnover was 498.968 million pounds.

While on the stocks, the medium index has fallen EGX70 about 0.04% to close at 606.35 points, the index scored 100 EGX decline of about 0.11% to close at 1,008.39 points.

Shares in the Arab Pharmaceuticals highest elevations, to close at 42.36 pounds, up 13.66%, followed by the global share of investment and development rose by 6.06% to close at 38.14 pounds.

Led the declines, while today shares the valley to export agricultural products, down by 6.54% to close at 30.44 pounds, followed by the share of Arab Land Reclamation, down 5.51% to close at 54.57 pounds.

The percentage of Egyptian transactions 86.66%, then the foreign rate of 9.65% and 3.69% by Arab and retail trades accounted for 46.05% of the total market trading volume compared to 53.94% of the trading institutions.

Indicator "EGX 30" lost 1.1% in a week

The main index retreat of the Egyptian stock exchange, "EGX 30" during the business week
Ended Thursday up 1.1 per cent or the equivalent of 92.73 points to end trading
Today at the level of 14.6333 points, compared with 06.6407 points at the close of last Thursday.

In July last rose "egx 30" by 6.4 per cent equivalent to 43.283
Points to end trading at 52.6316 points, compared with 09.6033 points, the end of June
Last Over the course of trading in 2009, rose index Egyptian Stock Exchange by 35 per
Per cent, compared with a decline by 4.56 per cent over the trading in 2008.

Indicator "EgX 30" lost 1.1% in a week

Almwhralriisi retreat of the Egyptian stock exchange, "EGX 30" during the business week
Ended Thursday up 1.1 per cent or the equivalent of 92.73 points to end trading
Today at the level of 14.6333 points, compared with 06.6407 points at the close of last Thursday.

In July last rose "egx 30" by 6.4 per cent equivalent to 43.283
Points to end trading at 52.6316 points, compared with 09.6033 points, the end of June
Last Over the course of trading in 2009, rose Almwhralriisi Egyptian Stock Exchange by 35 per
Per cent, compared with a decline by 4.56 per cent over the trading in 2008.

A fall in all sectors of the Egyptian Stock Exchange indicators during the day

Dropped all the indicators of sectors in the Egyptian Stock Exchange trading session on Wednesday, August 11th, 2010.
Index has fallen by the banking sector by 2% to close at 1,714.49 points, down basic resources sector by 1.44% to close at 770.48 points and index the chemicals sector by 1.41% to close at 779.09 points and dropped the construction sector and building materials, rose 1.09% to close at 1,488.87 points.

On the side of the financial services sector, excluding banks, has dropped by 0.86% to close at 688.92 points, and record food and drink sector down 1.55% to close at 953.53 points and the health care sector and medicines down 0.09% to close at 1,343.53 points, down the service sector and industrial products and cars by 1.15 % to close at 1,644.25 points and sector fell household products and personal, or 0.57% to close at 544.20 points.

On the other hand the real estate sector down 1.37% to close at 1,124.64 points and communications sector fell by 0.99% to close at 458.17 points and on the side of tourism and leisure sector was down 2.38% to close at 570.67 points.
The indicators follow the performance of the sectors of banks, basic resources, chemicals,

construction and building materials, food and beverages, financial services non-banking, health care, medicine, services and industrial products, vehicles, household products and personal, housing and real estate, telecommunications, tourism and recreation, so as to contribute to the assist investors in making investment decisions better.

Foreign purchases paid stock indexes rise

Saw the Egyptian Stock Exchange trading session yesterday as foreign investors continued to buy and strongly on the leading stocks and large net purchase of investigators reached 33 million pounds, which shares in the high majority of the market indices.

With the main index of the Stock Exchange EgX1, 5730%, to close achieving 6407 points and is close to crossing the 6500, which analysts expect that there will be considerable resistance at this barrier and if it can go beyond indicators Sishdv then 7200 points, which was hope for the majority of traders in the market, and prices of session witnessed 90 shares at one time, while prices fell 84 per share of the total 184 shares has been the trading and, most stocks that saw a decline of the shares of small and medium as a result of the direction of policy holders to sell and speculation,

prices have gone up significantly over the last few days in the hope of re-buy them again at a lower price to reap a quick profit and effective, which was evident in the dealings of the Egyptians and the institutions that dominated the transactions of sales, reaching net sales of Egyptians, 18 million pounds Net sales amounted to institutions only 6 million pounds amid active trading almost one billion pounds to hit 830 million pounds, while the volume of shares traded 131 million shares executed on a 43 thousand transactions.

Egyptian Stock Exchange Index EGX 4 - 8

Egyptian Stock Exchange Index EGX 30 during the day Wednesday, August 4th, 2010 by 0.15% to close at 6307.83 points during the trading 107.679 million securities executed through the 33 260 Turnover was 1.91779 million billion pounds.

While on the stocks, the medium index has fallen EGX70 about 0.78% to close at 605.12 points, the index scored 100 EGX decline of about 0.50% to close at 999.00 points.

Shares in Suez Canal Bank, the highest elevations, to close at 8.53 pounds, up 7.43%, followed by shares Paper Middle East - Simo rose by 6.66% to close at 10.57 pounds.

While today shares led declines by the Egyptian National Bank, down 4.63% to close at 23.46 pounds, followed by shares Extracted Oils, down 4.22% to close at 1.59 pounds.

The percentage of Egyptian transactions 87.45%, then the foreign rate of 11.01% and 1.54% by Arab and retail trades accounted for 19.06% of the total market trading volume compared to 80.93% of the trading institutions.

Diverse performance indicators sectors during the day

Diverse performance indicators sectors Egyptian Stock Exchange during the trading session on Tuesday, August 3rd, 2010.

The index of banking sector increased by 0.62% to close at 1,743.07 points, down basic resources sector by 0.72% to close at 764.93 points and index the chemicals sector by 0.01% to close at 767.88 points and increased construction and building materials, rose 1.08% to close at 1,447.07 points.

On the side of the financial services sector, excluding banks, rose by 0.48% to close at 678.38 points, and record food and drink sector rise by 1.84% to close at 937.36 points and the health care sector and medicines increase of 0.29% to close at 1,345.36 points, down the service sector and industrial products, automobiles, or 0.24 % to close at 1,641.09 points, went up household products and personal rate of 1.39% to close at 556.94 points.