Market Commentary

27/06/2022

The local market headed south today with EGX30 declining 1.99% to close at 9,255.43pts, and ‎EGX70 dropping 2.16% to close at 1,736.5 pts.

Today’s turnover recorded EGP 828mn distributed over 288mn shares. Local investors stepped in as net buyers with EGP 297.57mn, while Arabs and Foreign investors stepped out as net sellers with EGP 44.53mn and EGP 253.04mn respectively. ‎‎Retail accounted for 50.17% of total...

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What is the best investment for your money?

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

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

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When is the best time to invest in Stocks?

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