Wednesday, June 22nd. Al-Shorouk Economic Bulletin: The stock market is back and gold is back up






Posted on: Wednesday, 22 June 2022 – 16:55 | Last updated: Wednesday 22 June 2022 – 16:55

“Al-Shorouk” presents to you the five in the evening bulletin, which deals with the most important news of the economy and the financial and business community that took place throughout the day.

Al-Shorouk Economic Bulletin monitors the most important economic news today, Wednesday, June 22, 2022, which came to the fore:

The stock market is back
The stock market returned to decline today, Wednesday, after a slight rise that came after 7 sessions of decline.
The main index EGX 30 decreased by 0.9% and reached 9 613 points.
The main index moved within a narrow range during Tuesday’s session, closing at 9,697 points without recording any fundamental changes, as it rose by only 0.2%.
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Wednesday, 22 June 2022 .. Gold rises again, and 21 carats marks 1006 pounds

Gold prices rose again in the local goldsmith markets, amid trading today, Wednesday, by about 5 pounds, bringing the price of a gram of 21 carat top seller in Egypt to about 1006 pounds, compared to 1001 pounds to the beginning of today’s trade; Due to the rise in yellow metal prices in international stock exchanges, according to Naguib Naguib, former secretary general of the Gold Works division at the Cairo Chamber of Commerce.
According to Naguib, the price of a gram of 18 carat gold decreased to about 865 pounds, compared to about 860 pounds, and the price of a 24 carat gram recorded 1151 pounds, compared to 1149 pounds, and the price of the gold pound . rose by about 40 pounds, to record about 8088 pounds, compared to 8048 pounds at the beginning of the year.transactions today.

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The National for Governance holds the third personality analysis webinar to build a successful team

The National Institute for Management and Sustainable Development, the training arm of the Ministry of Planning and Economic Development represented by the Training Network of Management Institutes in Africa “Tanmia” of the Institute, in collaboration with the Egyptian Agency for Partnership for Development, has the development arm of the Egyptian Ministry of Foreign Affairs, held the third webinar “Personality Analysis to Build a Successful Team” through the Zoom application, to complement the activities of the third edition of the African Women Leaders Program.
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2.2 billion pounds in taxes and fees at Port Said customs last May
Mohamed Maait, Minister of Finance, received a report from El-Shahat Ghaturi, head of the Customs Authority, in which he states that the Central Administration of Port Said Customs and the Free Zone last May 2432 released final import customs certificates for various types of strategic goods and general merchandise, including: wheat, legumes, maize, cars and spare parts, according to a statement by the Ministry of Finance today.

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The postmaster meets the head of the government’s workers’ union

Dr. Sherif Farouk, head of the National Postal Authority, met today with Gad Mohamed, head of the General Post Office, in their first meeting after Gad Mohamed won the presidency of the Post Office during the elections that took place on 16 June 2022. .

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A partnership that brings Visa and Commercial International Bank together to launch next global initiative – She is Next for the first time in Egypt

Visa, the world leader in digital payments, NYSE (V) today announced the launch of its global She’s Next initiative in Egypt to economically empower and support female entrepreneurs and small and medium business owners. The initiative was launched in partnership with the Commercial International Bank (CIB), one of the largest banks in the Egyptian private sector, and the United States International Development Agency (USAID), where the world’s leading international development agency the catalyst is development results. She’s Next is a global support program that provides the practical guidance and tools needed to thrive in small, women-run businesses, from networking and consulting to financing opportunities.

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The Minister of Planning makes a decision to establish a human rights unit in the ministry

Hala Al-Saeed, Minister of Planning and Economic Development, issued a decision to establish a human rights unit in the ministry affiliated with the General Department of International Relations and Agreements, with Mohamed Alaa, Deputy Director of the General Department of International Relations and Agreements. in the ministry that takes responsibility.

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Gold is 5 pounds off, and 21 carats marks 1001 pounds

The price of gold in the local goldsmith markets, during today’s trading, fell by about 5 pounds, bringing the price of a 21-carat gram best-selling in Egypt to about 1001 pounds, compared to 1006 pounds at the end of trading yesterday, as a result of the fall in yellow metal prices in global stock exchanges, according to Naguib Club.Former Secretary General of the Gold Works Division at the Cairo Chamber of Commerce.

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Wednesday, 22 June 2022 … a collective decline in the stock market indices, the start of trading

The Egyptian Stock Exchange indices opened today’s trading on collective declines.
The main index “EGX30” decreased by 0.1% to 9 687.81 points.
The EGX100 index fell by 0.02% to reach the levels of 2,680.39 points, and the EGX70 index of equal weights settled at the level of 1812.83 points.

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Wednesday 22 June 2022. Arab and foreign exchange bulletin

The prices of Arab and foreign currencies in banks fluctuated at the start of trading today, Wednesday 22 June 2022.
According to the latest update from the Central Bank website, the dollar exchange rate recorded 18.71 pounds for purchase, and 18.78 pounds for sale.

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The Minister of Housing meets to follow up the executive position of the projects in the new administrative capital
Dr. Assem Al-Jazzar, Minister of Housing, Utilities and Urban Communities, last night held an extensive meeting with officials of the contracting companies implementing projects in the New Administrative Capital; To follow up the executive position and increase the pace of work on the projects, in the presence of officials from the Ministry and the New Urban Communities Authority.
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