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Market Commentary

24/01/2021

The local market witnessed mixed performance today with EGX30 dropping 1.11% to close at 11,525.25pts, while ‎EGX70 adding 0.73% to close at 2,328.85pts.

Today’s turnover recorded EGP 1,503.7mn distributed over 572.3mn shares. Arab investors stepped in as net buyers with EGP 26.69mn, while Local and Foreign ‎‎ investors stepped out as net sellers with EGP 10.55mn and EGP 18.14mn respectively. ‎‎Retail accounted for 85.52% of total...

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Latest Blog

What is the best investment for your money?

Jan 24. 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?

Jan 24. 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?

Jan 24. 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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