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Market Commentary

06/12/2022

The local market headed north today with EGX30 surging 1.19% to close at 14,498.29pts, and ‎EGX70 adding 0.53% to close at 2,667.68pts.

Today’s turnover recorded EGP 2,645mn distributed over 899mn shares. Local and Arabs investors stepped in as net buyers with EGP 35.34mn and EGP 149.30mn respectively, while Foreign investors stepped out as net sellers with EGP 184.64mn.  ‎‎Retail accounted for 74.11% of total...

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Latest Blog

What is the best investment for your money?

Dec 06. 2022
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?

Dec 06. 2022
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?

Dec 06. 2022
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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