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Market Commentary

22/03/2023

The local market headed south today with EGX30 declining 0.47% to close at 15,253.22pts, and ‎EGX70 dropping 1.36% to close at 2,733.94pts.

Today’s turnover recorded EGP 1.43bn distributed over 518.2mn shares. Local and Arab investors stepped in as net buyers with EGP 56.33mn and EGP 15.83mn respectively, while Foreign investors stepped out as net sellers with EGP 72.16mn. ‎‎ Retail accounted for 71.05% of...

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Latest Blog

What is the best investment for your money?

Mar 22. 2023
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?

Mar 22. 2023
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?

Mar 22. 2023
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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