Pre-Trading Thoughts 28/9/2021
An episode of the Al Ahly Pharos podcast, hosted by Al Ahly Pharos, titled "Pre-Trading Thoughts 28/9/2021" was published on September 28, 2021 and runs 4 minutes.
September 28, 2021 ·4m · Al Ahly Pharos
Summary
-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 Orascom Construction to construct water desalination plants with investments exceeding USD2 billion -U...
Episode Description
-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 Orascom Construction to construct water desalination plants with investments exceeding USD2 billion
-Upper Egypt General Contracting won a project award for EGP130 million
-We update our valuation for IDHC to a FV of EGP23.70/Share;
-PHDC (FV: EGP2.58, OW) signed a EGP2.5 billion loan
-ALCN 2M FY21/22 bottom line at EGP241 million, +17.9% YoY
-Auto producers to supply 1,200-1,300 cars/ month down from 1,700
Similar Episodes
Apr 9, 2026 ·20m