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Sunday, December 29, 2024 Search Search By MEO I n a week marked by volatile trading, Egypt’s stock market (EGX) closed in negative territory on Thursday, December 26. The benchmark EGX30 index dipped by 0.16%, finishing at 29,957.97 points. Similarly, the Shariah-compliant EGX33 index saw a decrease of 0.12%, landing at 3,077.31 points. The small and medium enterprises index, EGX70, dropped by 0.11% to 8,201.12 points, while the broader EGX100 index slightly declined by 0.06% to settle at 11,269.09 points. The total market capitalization reached approximately 2.19 trillion Egyptian pounds. T he trading week revealed a pattern of net selling by both Arab and non-Arab foreign investors, who offloaded stocks worth 278.7 million and 994.7 million Egyptian pounds, respectively. Conversely, Egyptian investors remained optimistic, acting as net buyers with acquisitions totaling 1.27 billion Egyptian pounds, according to data from the Egyptian Exchange. F inancial analyst Dr. Ahmed El-Sayed commented to Middle East Observer on the current market trends, saying, “The sell-off by foreign investors could be attributed to global market uncertainties and regional geopolitical factors. However, domestic investors’ resilience and confidence in the local economy have cushioned the market to some extent.” Top Gainers: Real Estate and Investment Sectors Shine Mena Touristic & Real Estate Investment ( MENA.CA ) led the risers, with its shares appreciating by 7.59% to close at 4.250 Egyptian pounds. Grand Investment Capital ( GRCA.CA ) followed closely, witnessing a 7.01% increase to 10.690 Egyptian pounds a share. Alexandria Flour Mills ( AFMC.CA ) also performed well, with a 5.91% rise, closing at 26.710 Egyptian pounds per share. Lagging Stocks: Pharmaceuticals and Land Reclamation Hit On the downside, Minapharm Pharmaceuticals ( MIPH.CA ) saw a drop of 5.04%, closing at 171.430 Egyptian pounds per share. El Arabia for Land Reclamation ( EALR.CA ) shares declined by 4.85%, ending at 50.780 Egyptian pounds. El Ahram Co. for Printing and Packing ( EPPK.CA ) also experienced a downturn, with its shares falling by 4.54% to 9.470 Egyptian pounds. Exclusive insights from financial markets strategist Leila Mahmoud suggest that Egypt’s economic reforms and potential policy shifts might play pivotal roles in shaping investor sentiment in the coming months. “While current fluctuations are partly driven by external pressures, Egypt’s ongoing efforts to stabilize its financial and economic sectors could help in attracting more sustainable investment flows,” she noted. Previous article Nasr Casting Company Reopens projecting a 47,000-Ton Outputswerte 888

The New Regulations on Medical Procurement Group Purchasing have Arrived! Optimizing Evaluation Methods Without Resorting to "One-Size-Fits-All" ApproachesFrom the moment he stepped onto the pitch in France, it was clear that the Red Devil castaway was on a mission to prove his critics wrong. With his lightning speed, impeccable ball control, and deadly finishing, he quickly became a force to be reckoned with in Ligue 1. Match after match, he showcased his skills and displayed a hunger for goals that was impossible to ignore.

As Setien takes the reins at Beijing Guoan, football fans around the world will be watching closely to see how he adapts to the unique challenges and opportunities that the Chinese Super League has to offer. With his reputation as a builder of teams and a master tactician, Setien's appointment promises to bring a new era of success and achievement to Beijing Guoan Football Club.Smerconish says the ‘T’ was missing from LGB ... Q this week

History Offers an Ominous Warning Following President-Elect Donald Trump's Victory -- and the Stock Market May Pay the PriceBy joining forces, Amazon and Perplexity aim to push the boundaries of what AI can achieve. One key area of focus for this partnership is improving the conversational capabilities of virtual assistants like Alexa. The goal is to create more engaging and human-like interactions that feel natural and intuitive to users.In conclusion, the appointment of Quique Setien as the new head coach of Beijing Guoan represents a significant milestone in the club's history and signals a new chapter of ambition and promise. With Setien's leadership and vision, Beijing Guoan has the potential to reach new heights and establish themselves as a dominant force in Chinese and Asian football.

BrightSphere Investment Group Inc. ( NYSE:BSIG – Get Free Report ) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $30.49 and last traded at $30.49, with a volume of 2628 shares traded. The stock had previously closed at $30.19. Analyst Upgrades and Downgrades A number of brokerages have issued reports on BSIG. Royal Bank of Canada upped their target price on BrightSphere Investment Group from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. StockNews.com raised shares of BrightSphere Investment Group from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Evercore ISI lifted their price target on shares of BrightSphere Investment Group from $28.00 to $31.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Finally, Morgan Stanley downgraded BrightSphere Investment Group from an “equal weight” rating to an “underweight” rating and boosted their price objective for the company from $23.00 to $26.00 in a report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. According to MarketBeat, BrightSphere Investment Group has a consensus rating of “Hold” and an average target price of $29.00. Read Our Latest Report on BSIG BrightSphere Investment Group Stock Up 1.6 % BrightSphere Investment Group ( NYSE:BSIG – Get Free Report ) last released its earnings results on Thursday, October 31st. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.07. BrightSphere Investment Group had a return on equity of 7,606.72% and a net margin of 13.92%. The business had revenue of $123.10 million during the quarter, compared to the consensus estimate of $114.95 million. During the same period last year, the business posted $0.45 earnings per share. Equities analysts forecast that BrightSphere Investment Group Inc. will post 2.59 EPS for the current fiscal year. BrightSphere Investment Group Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.13%. The ex-dividend date of this dividend is Friday, December 13th. BrightSphere Investment Group’s dividend payout ratio is currently 2.42%. Institutional Trading of BrightSphere Investment Group A number of hedge funds and other institutional investors have recently made changes to their positions in BSIG. Azora Capital LP raised its stake in shares of BrightSphere Investment Group by 10.7% during the 3rd quarter. Azora Capital LP now owns 2,028,358 shares of the company’s stock valued at $51,520,000 after purchasing an additional 195,728 shares during the period. Jennison Associates LLC raised its stake in shares of BrightSphere Investment Group by 25.3% during the 3rd quarter. Jennison Associates LLC now owns 968,936 shares of the company’s stock valued at $24,611,000 after purchasing an additional 195,417 shares during the period. Renaissance Technologies LLC raised its stake in shares of BrightSphere Investment Group by 297.9% during the 2nd quarter. Renaissance Technologies LLC now owns 154,000 shares of the company’s stock valued at $3,414,000 after purchasing an additional 115,300 shares during the period. Marshall Wace LLP purchased a new position in BrightSphere Investment Group during the second quarter worth about $1,870,000. Finally, Maverick Capital Ltd. purchased a new position in BrightSphere Investment Group during the second quarter worth about $1,204,000. 98.69% of the stock is currently owned by institutional investors. BrightSphere Investment Group Company Profile ( Get Free Report ) BrightSphere Investment Group Inc is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries. Read More Receive News & Ratings for BrightSphere Investment Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BrightSphere Investment Group and related companies with MarketBeat.com's FREE daily email newsletter .Eagles boss Oliver Glasner put his complete faith in Henderson at the start of the season, handing him the number one shirt - worn by Sam Johnstone in the previous campaign. Although Palace have faced adversity this term, Henderson has repaid Glasner’s trust and the substantial transfer fee paid in the previous summer, constantly being a standout performer for the South London outfit. Henderson, who has arguably been Palace’s Player of the Season so far, was recognised at international level for his impressive displays, making his first start for England away to Finland in October . On Saturday, Palace claimed a point against Manchester City, pulling four points clear of the relegation zone. Although he conceded twice, Henderson had a decent game, producing two excellent saves to deny Savinho and Erling Haaland, respectively. After making his 100th league appearance, Henderson revealed that Glasner's side are starting to show glimpses of the outfit that went seven games unbeaten at the end of last season. "100 per cent. Sarr has come into the team, at the start of the season no one really knew his strengths, which is obvious because we have never played together before. "Now we're seeing partnerships at the back, in midfield and up the top of the pitch. We are going to go from strength to strength now. "Sometimes as well, with the fitness of the team, it takes ten games to get to full fitness. You can see we are outrunning teams now. That was the aim at the start of the season. "Obviously, we weren’t quite doing that. We were getting outrun and outbattled. We are only going to get better." With the upturn in results, confidence within the Palace camp has increased. Henderson felt that his side would claim points against Manchester City - a feeling synonymous with the Eagles at the close of last season. “We came into the game and I genuinely believed we could win today. “We sort of went into every game last season knowing we were going to win, it was strange. Sometimes you just need back-to-back wins and that is what we're looking for. We're delighted.” Despite Palace enjoying a good run of results - losing just one of their last eight games - Henderson pointed out that facing Manchester City, who have won four-straight League titles, felt different this weekend. “It felt different on the pitch. City at times are unbelievable and you don't get a break, don't get out your own half. “They gave us a few chances, we wouldn't have got them last season, we've got to make them count and we did. “It is a great point, no matter what form they're in they are world-class players. They are still one of the top teams in the Premier League - we take confidence from that going forward.”As the second half began, the intensity of the match only increased. Real Madrid continued to press forward, with Karim Benzema and Eden Hazard combining well in attack. However, Juventus remained organized at the back and limited Real Madrid's clear-cut chances. The game turned into a tactical battle, with both managers making crucial substitutions and adjustments to try and gain the upper hand.17 years after I gave blood an unexpected email changed my life

The New York City Police Department (NYPD) released new photos of a man who is wanted for questioning in the shooting death of UnitedHealthcare CEO Brian Thompson last week, as no suspect has been named yet. Two new photos of the individual wanted for questioning show the man wearing a hooded sweatshirt and a blue medical-style mask commonly used during the COVID-19 pandemic. One was taken from what appears to be a taxi cab, and the other was captured outside the vehicle, the photos show. It added that the reward of up to $10,000 for information leading to an arrest and conviction is still available. The FBI also said in a statement Saturday that it would be offering a $50,000 reward for information leading to the suspect in Thompson’s shooting death, which the NYPD’s top officials described last week as “brazen” and “targeted.” Aside from the two photos released Sunday, the NYPD has not offered any new details about the investigation since Friday, when NYPD Commissioner Jessica Tisch told CNN that officials believe the suspect left New York City. Her chief of detectives, Joseph Kenny, told the outlet that evidence shows the suspect had traveled in a taxi cab to a Port Authority bus station in Manhattan and likely took a bus away from the city. The NYPD has released several other photos of the suspect, including one with his mask off, along with video footage of the shooting itself since the incident occurred on Dec. 4 in front of a Midtown Manhattan Hilton hotel before a UnitedHealthcare conference. Thompson was the chief executive of the company, a subsidiary of United Health Group Inc. Detectives are combing through video recordings and social media, vetting tips from the public, and interviewing people who might have information, including Thompson’s family and coworkers and the shooter’s randomly assigned roommates at the Manhattan hostel where he stayed, Kenny said last week. “This isn’t ‘Blue Bloods.’ We’re not going to solve this in 60 minutes,” Kenny told reporters on Dec. 6, referring to a popular police drama set in New York City. “We’re painstakingly going through every bit of evidence that we can come across.” On the evening of Dec. 6, investigators found a backpack in Central Park that had been worn by the gunman, police said. They didn’t immediately reveal what, if anything, it contained but said it would be tested and analyzed. Another potential clue, a fingerprint on an item he purchased at a Starbucks minutes before the shooting, has so far proven useless for identifying him, Kenny said. Kenny noted that the fact that the shooter knew UnitedHealthcare group was holding a conference at the hotel and what route Thompson might take to get there suggested that he could possibly be a disgruntled employee or a former client. Police have determined from video that the gunman was in the city for 10 days before the shooting, Kenny also said. He arrived at Manhattan’s main bus terminal on a Greyhound bus that originated in Atlanta, though it’s not clear whether he embarked there or at one of about a half-dozen stops along the route. Immediately after that, he took a cab to the vicinity of the Hilton and was there for about a half hour, the chief of detectives said. After the shooting, the suspect is believed to have fled on foot before taking a bike to Central Park, officials said. He then walked several blocks and entered a taxi and arrived at the George Washington Bridge Bus Station operated by Port Authority, which provides bus service to New Jersey as well as Greyhound bus routes to cities including Washington, Philadelphia, and Boston, Kenny said. Investigators don’t know what happened next, he added.Tottenham January transfer briefing: who are they after, what do they need and who might leave?

In the world of football, there are moments that define careers, moments that players and coaches alike wish they could erase from memory. For Quique Setien, the new manager of Beijing Guoan, one such moment occurred four years ago when he suffered his career's biggest defeat with Barcelona, a humiliating 2-8 loss to Bayern Munich in the UEFA Champions League quarter-finals.

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