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Market Commentary

25/05/2022

The local market headed south today with EGX30 declining 1.61% to close at 10,247.43pts, and ‎EGX70 dropping 3.67% to close at 1,765.31 pts.

Today’s turnover recorded EGP 694mn distributed over 292.7mn shares. Local and Arabs investors stepped in as net buyers with EGP 2.30mn and EGP 10.18mn respectively, while Foreign investors stepped out as net sellers with EGP 7.88mn.  ‎‎Retail accounted for 54.84% of total...

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Latest Blog

What is the best investment for your money?

May 26. 2022
Latest Blog

1- Saving accounts at banks which yield around 6%. The problem is it’s a very low rate.

2- Certificates of Deposits interest of which is

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What are the financial indicators to look at before buying a stock?

May 26. 2022
Latest Blog

1- P/E ratio which is the price of the stock divided by earning per share. The lower this value means there is more upside potential for the stock

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When is the best time to invest in Stocks?

May 26. 2022
Latest Blog

1- Economy looks to be on the right track and industry forecasts are postive and showing growth forecasts

2- Companies have positive Earn

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