The Clap
Rami El Dokany, Chairman of the EGX, said the EGX’s program for the next period includes attempts to support liquidity, facilitate offerings, and spread financial culture.
The Deets
The EGX is trying to increase the volume of liquidity in the market by attracting foreign investors to invest in the EGX, in addition to increasing the volume of government institutions’ investments.
The EGX is also working to support new offerings and is attempting to increase the presence of local investors through improving financial awareness in the community.
The EGX is also currently studying the launch of new indices in the EGX.
Why this Matters
The EGX is trying to regain its strength as the EGX30 is down by 12.99% so far since the beginning of the year.
The EGX’s plan to stimulate the market 💡
