Market Commentary

29/02/2024

The local market headed north today with EGX30 surging 0.30% to close at 28,964.41pts, and ‎EGX70 adding 0.24% to close at 7,306.89pts.

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What is the best investment for your money?

Mar 01. 2024
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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 01. 2024
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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?

Mar 01. 2024
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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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