Beltone Financial announced that its Egypt Investor Confidence Index decline slightly by 0.2 basis point, or 0.2% during the week September 7-13, 2014 to reach 76.5 bps last week to 76.3 bps.
According to the research firm, the decline in investor confidence was attributed to several factors, including yield on euro bonds with maturity in 2020 and yields on treasury bills, in addition to ETFs and EGP futures.
Beltone Egypt Investor Confidence rose 21.95 bps, or 40.4% year-to-date. It fell 13 bps, or 14.5% since the January 25 Revolution, but added 33.6 bps, or 78.6% since June 30, 2013.
According to the research firm, the decline in investor confidence was attributed to several factors, including yield on euro bonds with maturity in 2020 and yields on treasury bills, in addition to ETFs and EGP futures.
Beltone Egypt Investor Confidence rose 21.95 bps, or 40.4% year-to-date. It fell 13 bps, or 14.5% since the January 25 Revolution, but added 33.6 bps, or 78.6% since June 30, 2013.
Source:
Mubasher
