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Market Commentary

02/10/2022

The local market headed south today with EGX30 declining 1.43% to close at 9,687.36pts, and ‎EGX70 dropping 1.47% to close at 2,217.31pts.

Today’s turnover recorded EGP 724mn distributed over 501mn shares. Local investors stepped in as net buyers with EGP 39.21mn, while Arabs and Foreign investors stepped out as net sellers with EGP 28.62mn and EGP 10.59mn respectively. ‎‎ Retail accounted for 84.72% of total...

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Latest Blog

What is the best investment for your money?

Oct 03. 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?

Oct 03. 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?

Oct 03. 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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