Market Commentary

12/04/2021

The local market headed north today with EGX30 adding 0.55% to close at 10,450.09 pts, and ‎EGX70 increasing 1.75% to close at 1,969.81 pts.

Today’s turnover recorded EGP 1,230.1mn distributed over 543.3mn shares. Local investors stepped in as net buyers with EGP 38.82mn, while Foreign and Arab investors stepped out as net sellers with EGP 25.59 and EGP 13.23mn respectively. ‎‎Retail accounted for 63.43% 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.

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What are the financial indicators to look at before buying a stock?

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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?

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