Mubasher TV
Contact Us Advertising   العربية

EGX-listed firms witness strong financial performance – Expert

EGX-listed firms witness strong financial performance – Expert
Photo Archive

Mubasher: The companies listed and trading on the Egyptian Exchange (EGX) has registered a robust performance in terms of their financial results for 2021, which gives a space for creating investment opportunities, an expert told Mubasher.

Such positive performance is expected to reflect on the EGX indexes in the coming period, enabling them to reach their targeted levels.

The Arab markets as well as the EGX could not earlier achieve their target upward levels; however, this factor would direct the regional capital markets to witness a stable performance and do not be impacted by the downward performance of global markets, according to economic experts.

A rising Brent crude price as well as higher profits would affect the region’s capital markets in a positive way.