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Market Commentary

25/01/2023

The local market headed north today with EGX30 surging 2.13% to close at 16,791.11pts, and ‎EGX70 adding 2.13% to close at 3,031.99pts. Over the week, EGX30 increased 4.51% and EGX70 surged 1.14%.

 Today’s turnover recorded EGP 2.55bn distributed over 495mn shares. Arab and Foreign investors stepped in as net buyers with EGP 132.45mn and EGP 151.24mn respectively, while Local investors stepped out as net sellers with EGP...

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Latest Blog

What is the best investment for your money?

Jan 27. 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?

Jan 27. 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?

Jan 27. 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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