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Market Commentary

29/07/2021

The local market witnessed mixed performance today with EGX30 dropping 0.25% to close at 10,742.23pts, while ‎EGX70 adding 1.79% to close at 2,763.58pts. Over the week, EGX30 increased 1.71% and EGX70 increased 11.66%.

Today’s turnover recorded EGP 2,076mn distributed over 654.2mn shares. Arab investors stepped in as net buyers with EGP 67.68mn, while Local and Foreign investors stepped out as net sellers with EGP 1.58mn and EGP...

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Latest Blog

What is the best investment for your money?

Jul 29. 2021
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?

Jul 29. 2021
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?

Jul 29. 2021
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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