Market Commentary

13/04/2021

The local market headed south today with EGX30 declining 1.38% to close at 10,305.81, and ‎EGX70 dropping 2.40% to close at 1,922.54pts.

Today’s turnover recorded EGP 995.99mn distributed over 399.8mn shares. Local and Arab investors stepped in as net buyers with EGP 111.80mn and EGP 24.22mn respectively, while Foreign investors stepped out as net sellers with EGP 136.02. ‎‎Retail accounted for 53.31% of total turnover while...

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What is the best investment for your money?

Apr 13. 2021
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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?

Apr 13. 2021
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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?

Apr 13. 2021
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