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20/01/2022
The local market witnessed mixed performance today with EGX30 increasing 0.14 % to close at 11,731.71 pts, while EGX70 declining 0.19% to close at 2,208.76 pts. Over the week, EGX30 decreased 2.34% and EGX70 dipped 1.14%.
Today’s turnover recorded EGP 746mn distributed over 177.8mn shares. Arab and Foreign investors stepped in as net buyers with EGP 1.07mn and EGP 3.96 respectively, while Local investors...
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04:30 PM
The Turkish lira strengthened slightly to 13.35 per USD after the Central Bank of Turkey held its ke
04:29 PM
The Central Bank of Turkey paused its easing cycle and left the key one-week repo rate steady at 14%
The FTSE MIB Index rose 0.4% to trade at the 27,460 level on Thursday, rebounding from a 0.4% declin
04:28 PM
Soybean futures rebounded to above $13.9 per bushel, from a two-week low of $13.6 hit on January 18t
04:26 PM
The main Sao Paulo stock index, Bovespa, was up nearly 1% to around 109,050 on Thursday, extending g
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
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
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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