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Market Commentary

01/03/2021

The local market headed south today with EGX30 declining 0.03% to close at 11,521.38pts, and ‎EGX70 dropping 0.75% to close at 2,316.26pts.

Today’s turnover recorded EGP 1,347.8mn distributed over 520.1mn shares. Foreign investors stepped in as net buyers with EGP 29.45mn, while Local and Arab investors stepped out as net sellers with EGP 18.75mn and EGP 10.70mn respectively. ‎‎Retail accounted for 72.67% of total turnover while...

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Latest Blog

What is the best investment for your money?

Mar 01. 2021
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?

Mar 01. 2021
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?

Mar 01. 2021
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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