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EGX 30 (EGX30)

Egypt
Currency in EGP
Disclaimer
26,113.71
+843.16(+3.34%)
Closed

EGX 30 Discussions

Q1 results of all companies will be full of losses due to FX revaluation. Egyptian investors over hyped assets valuation hedge expectations, moreover assets appreciation does not reflect in financial statements, there will be panic sell and this will create market opportunities by last week of May.
I think we could sell market rises
Positive 👌
going to 39000 or around before the correction move.
unfortunately didn't happen
That was a very good day for this index.
Successfull Exchange.
the chart is wrong. It should be fixed
sustainability is at stake!
Amazing!
the only hedge in Egypt now against inflation is the stock market. stocks are extremely cheap. profit growth is very high. according to peg ratio many stocks are priced less than third of its value. USD could still rise beyond 50 EGP.
Well done 👏🏻
What drove the EGX30 yesterday?
my openion egx 30 going down to 16300 then 16700 16800 this week
on what basis did you say these numbers please m.r armia im new to stocks
2023 is a correction year
hope thi
Can anyone explain the current status !’
It looks like the worries related to debt default had faded after the agreement with IMF. Additionally, global investors is going back to emerging markets who arent risking defaults.
Egx30 is expexted to soar in the next few weeks.
will sideway for awhile till the IMF deal
they are slowly unloading the trash to liquidate, don't dream too much
amoc
Going up shortly
EG-xxx30
RIP EGX
Devaluation of EGP & inflation will create an agressive rally in the Egyptian stock exchange and other assets as well, ti all whi are long enjoy
This would be true if we don’t factor external factors. Developed countries are increasing interest rates which has a pull on foriegn investments. Also CBE is increasing interest rates which pulls money from stocks towards bonds as a safer option.
best market in the world <3
😁
Looking back is nit allowed anymore
Guys EGX30 broke 10100 get ready for 9700
What is the rational for this predication
It is at strong support though. Should be a good time to buy.
support and resistance.
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