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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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Latest Blog

What is the best investment for your money?

Jun 27. 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?

Jun 27. 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?

Jun 27. 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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