Market Commentary

24/02/2021

The local market headed witnessed mixed performance today with EGX30 adding 0.16% to close at 11,435.43pts, while ‎EGX70 dropping 0.33% to close at 2,362.42pts.

Today’s turnover recorded EGP 1,591.5mn distributed over 570.4mn shares. Local investors stepped in as net buyers with EGP 71.03mn, while Arab and Foreign investors stepped out as net sellers with EGP 36.58mn and EGP 34.45mn respectively. ‎‎Retail accounted for 73.63% of...

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What is the best investment for your money?

Feb 25. 2021
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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?

Feb 25. 2021
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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?

Feb 25. 2021
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