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Market Commentary

14/06/2021

The local market witnessed mixed performance today with EGX30 increasing 0.47% to close at 9,933.35, while ‎EGX70 declining 1.59% to close at 2,286.99 pts.

Today’s turnover recorded EGP 1,051.6mn distributed over 379.1mn shares. Foreign investors stepped in as net buyers with EGP 42.87mn, while Local and Arab investors stepped out as net sellers with EGP 8.46mn and EGP 34.41mn respectively. ‎‎Retail accounted for 73.2% of total...

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Latest Blog

What is the best investment for your money?

Jun 14. 2021
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 14. 2021
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 14. 2021
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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