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Market Commentary

09/08/2022

The local market headed south today with EGX30 declining 0.78% to close at 9,968.88pts, and ‎EGX70 dropping 0.64% to close at 1,998.15 pts.

Today’s turnover recorded EGP 1,448.3mn distributed over 593.5mn shares. Local and Arabs investors stepped in as net buyers with EGP 328.17mn and EGP 20.69mn respectively, while Foreign investors stepped out as net sellers with EGP 348.86mn. ‎‎Retail accounted for 62.03% of...

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Latest Blog

What is the best investment for your money?

Aug 09. 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?

Aug 09. 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?

Aug 09. 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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