Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • العربية
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » EGX 🔔 » EGX30 reaches its highest level in five years

EGX30 reaches its highest level in five years

by Shams Abbas
January 30, 2023

The Clap
The EGX30 index recorded its highest level in 5 years as it surpassed the 17,650 points mark. 

What
Analysts attribute the index’s strong performance to the government’s plans to offer state-owned companies, as announced by the Prime Minister.

So what
Investing in the EGX has been viewed favorably by Rania Yaqoub, a member of the stock exchange’s board of directors, compared to traditional investments like real estate and gold.

Now what
The suspension of 25% certificates of deposit today may also direct more investment toward the EGX as an alternative.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

EGX 🔔

New short selling mechanism could be introduced

by Shams Abbas
March 13, 2023
EGX 🔔

CBE might not allow banks to distribute dividends in 2023

by Shams Abbas
March 7, 2023
EGX 🔔

EGX & Saudi Tadawul sign memorandum of understanding

by Shams Abbas
February 13, 2023
EGX 🔔

Ezz Steel & Heliopolis Housing enter MSCI small cap index

by Shams Abbas
February 12, 2023
EGX 🔔

Egyptian government could push back capital gains tax law

by Shams Abbas
February 6, 2023
EGX 🔔

FRA wants to make it easier for companies to increase their capital

by Shams Abbas
February 6, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • العربية

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)