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Market Commentary

30/11/2020

The local market witnessed mixed performance today with EGX30 decreasing 0.6% closing at 10.943.35pts, and ‎EGX70 increasing 0.25% to close at 2,040.86pts.

Today’s turnover recorded EGP 1,841.7mn distributed over 539.7mn shares. Local and Arab investors stepped in as net buyers with EGP 204.90mn and EGP 33.98mn respectively, while Foreign ‎‎investors stepped out as net sellers with EGP 238.88mn. ‎‎Retail accounted for 62.16% of total...

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Latest Blog

What is the best investment for your money?

Nov 30. 2020
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?

Nov 30. 2020
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?

Nov 30. 2020
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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