Al Ahly Pharos

Business AR ↓ 2133 episodes

Welcome to our daily podcast featuring the day's top news commentary and technical recommendations delivered to you before the opening bells of the Egyptian Stock Exchange (EGX).Alongside our morning podcasts, we will be publishing a collection of episodes presenting indepth analysis and insights on EGX's equities, all brought to you by Al Ahly Pharos.

Author

Al Ahly Pharos

Episodes

Technical Analysis 29/9/2021 29.09.2021 1:22

Market Overview EMFD AUTO Prepared by: Mayada Amin- CETA, CFTe

Pre-Trading Thoughts 29/9/2021 29.09.2021 4:32

-Global markets under pressure; Yield on US 10-year treasuries high; Expectations for higher rates move investors out of equities -MPs will draft a new legislation aiming to postpone capital gains tax on EGX transactions -Italy allows travel to Sharm El Sheikh and Marsa Alam without quarantine on return -PIOH to split stock into three as of October 11 -Asmak to raise stake in PORT to 25-33%; Might...

Technical Analysis 28/9/2021 28.09.2021 1:49

Market Overview Prepared by: Mayada Amin - CETA, CFTe

Pre-Trading Thoughts 28/9/2021 28.09.2021 4:33

-Yields on US 10-year treasuries climbed to three-month highs -Oil prices rose on Monday for a fifth straight day, Brent futures USD80.03/bbl -Iron ore 65% recorded USD185/ton (+43% WoW); Steel/Iron Ore spreads at USD393 (-18% WoW) -Five companies are ready for public offering under the government IPO program; ABUK's valuation has been updated; ALCN excluded -Sovereign Fund, Hassan Allam and...

Technical Analysis 27/9/2021 27.09.2021 2:42

Market Overview TMGH EAST MFPC EGCH OIH Prepared by: Mayada Amin - CETA, CFTe

Pre-Trading Thoughts 27/9/2021 27.09.2021 3:54

- Slowdown in China will hit emerging markets and commodity prices -CBE to issue mobile contactless payment licenses, supports digitalization and to reduce reliance on cash -CBE to launch a digital platform for supporting small and medium enterprises and start-up companies -FRA is working on law to govern nano-finance, crowdfunding, robo-advisory and insurtech -CBE is finalizing reised leverage ra...

Technical Analysis 26/9/2021 26.09.2021 2:35

Market Overview COMI ETEL HELI MFPC OIH ALCN

Pre-Trading Thoughts 26/9/2021 26.09.2021 3:14

-Egypt issued USD3.0bn Eurobonds on three tranches -Brent hits 3-year highs at USD78/bbl -Taxes will be levied on online content creators -Tourism sector in Egypt is coming back to life, with a surge in British bookings and Romanian flights -e-cards to issue 6mn cards under "Meeza Peasants" program (e-finance) -EAST to produce e-cigarettes in 1Q2022; Attempts to utilize EGP4 bn of idle...