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Wednesday, August 2, 2017

Egypt stock market

Stock market

There are many different players associated with the stock market . including stockbrokers , traders, Financial analysts, portfolio managers and investment bankers. Each has a unique role, but many of the roles are intertwined and depend on each other to make the market run effectively  . Stock speculation is a risky and complex occupation because the direction of the markets are generally unpredictable and lack transparency, also financial regulators are sometimes unable to adequately detect, prevent and re-mediate irregularities committed by malicious listed companies or other financial market participants.

Stock exchange

Despite the current political uprising that is affecting the country, expats who are interested in investing in the Egyptian stock exchange may well find a reputable online broker in the country to guide them with the process. Some of the premium online brokers in Egypt include Kerford Cairo and Mubasher Trade, which provide excellent trading experience and great flexibility for its investors.
Stock exchanges have multiple roles in the economy. This may include the following:
·         Raising capital for businesses through selling shares to investing public
·         Mobilizing savings for investment  to help companies management boards finance their organizations
·         Creating investment opportunities for small investors
·         Government capital-raising for development projects
·         Corporate governance Adding an ISIN code helps to distinctly identify securities and the ISIN system is used worldwide by funds, companies, and governments.
·         Profit sharing

Stock quotes

The ticker symbol is a unique set of characters used to identify the company. The shares traded is the volume for the trade being quoted. Price traded refers to the price per share of a particular trade. Change direction is a visual cue showing whether the stock is trading higher or lower than the previous trade, hence the terms down tick and uptick. Change amount refers to the difference in price from the previous day’s closing. These are reflected in the modern style tickers that we see every day. Many today include color to indicate whether a stock is trading higher than the previous day’s (green), lower than previous (red), or has remained unchanged (blue or white).


Trade  

There are a lot of companies in Egypt who had different trading experience in these investments
2.       Financial companies
3.       Agriculture , pesticides
4.       Food and beverage
6.        Real estate
7.        Basic resources
9.        Industries
11.      Travel and tourism


As an individual you should read more book , articles , more about winners , prices , so you know the shares to buy & sell , in order to make money.  
It will be a good deal from USD to EGP , check converter


Index by Egyptian Exchange

Nile index

The Egyptian Exchange (EGX) has launched Nile Index on 2 nd of February 2014. It comes within the Exchange strategic framework and its interest to increase the Nilex market liquidity as one of the promising markets in the Egyptian market. In late 2011, The Egyptian Exchange changed the trading mechanisms of Nilex Exchange from auction trading to continuous trading system, followed by increasing the number of trading hours from one hour to four hours at October 2013. The Index is weighted by market capitalization and adjusted by free float. Nile Index avoids concentration on one industry and therefore has a good representation of various industries/sectors in the economy. The Egyptian Exchange started publishing Nile Index, which has a base date of 02/07/2012 and a base value of 1000 points.

EGX50 EWI index

The Egyptian Exchange has launched equally weighted index EGX50 EWI on 2nd of August 2015. The index includes top 50 companies in terms of Liquidity and activity. The index is designed to balance the impact of price changes among the constituents of the index as they will have a fixed weight of 2% at each quarterly review.
EGX50 avoids concentration on one industry and therefore has a good representation of various industries/sectors in the economy The starting date of the index is 2nd of July 2013 with a value of 1000 points.

EGX30 index
EGX 30 index,[1] previously named CASE 30 Index, is a stock market index for securities in Egypt, designed and calculated by EGX. EGX started disseminating its index on 2 February 2003 via data vendors, its publications, web site, newspapers etc. The start date of the index was on 2/1/1998 with a base value of 1000 points. EGX 30 index value is calculated in local currency terms and denominated in US dollars since 1998. EGX started publishing its dollar denominated index on 1 March 2009. EGX 30 index includes the top 30 companies in terms of liquidity and activity.
For a company to be included in EGX 30 index, it must have at least 15% free float. This ensures market participants that the index constituents truly represent actively traded companies and that the index is a good and reputable barometer for the Egyptian market.

EGX70 index

Egyptian Exchange has launched EGX70 price index on 1st of March 2009 in order to develop and diversify the Egyptian market indices that aims providing wider tools for investors to follow the market, especially after the launch of weighted market capitalization stock indices. Example: EGX30 Index and Dow Jones EGX Egypt Titans 20 Index. It is worth mentioning that one of the most important examples of price indices is Dow Jones Industrial Average Index, which is calculated according to the average of index constituents' closing prices. The Egyptian Exchange started publishing EGX70 Index, which has a base date of 02/01/2008 and a base value of 1000 points.

EGX100 index

Egyptian Exchange has launched EGX100 price index on 2 nd of August 2009, in order to develop and diversify the Egyptian market indices that aim at providing wider tools for investors to follow the market. The index tracks the performance of the 100 active companies, including both the 30 constituent-companies of EGX 30 Index and the 70 constituent-companies of EGX 70 Index. EGX 100 index measures the change in the companies' closing prices, without being weighted by the market capitalization, and was retroactively computed as of 1 January 2006.

EGX20 Capped index

The Egyptian Exchange has launched EGX20 Capped Index on 1 st of October 2011. The index is designed to measure the performance of the most traded companies in accordance with the set rules for mutual funds as stated in Article 149 of the executive Regulations of the Capital Market Law 95 of 1992, which stipulates that “Any Fund shall not invest in the securities of a single company more than 10% of its assets, nor to exceed 15% of the securities issued by such company”. The Egyptian Exchange started publishing EGX70 Index, which has a base date of 30/01/2003 and a base value of 1000 points. The index is designed to capture the performance of the most active 20 companies in terms of traded value and liquidity, capping the weight of any constituent to a maximum of 10%.


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