[ad_1]
The Egyptian stock market continued to lose losses over the past period as market capitalization lost 140 billion pounds after reaching its all-time high of over 1,000 billion pounds. Point on April 28 to fall to 15416 points.
Dr. Mutasim al-Shahidi, vice president of a securities trading company, answers the reasons for the losses:
2 – the period of anticipation preceding the announcement of the movement of fuel prices, which delayed the injection of cash by some investors in anticipation of what would result from the lifting of the 39, help
3. Raising interest rates in some developed markets Thus, there has been a migration from emerging markets to developed countries.
4. Investors should monitor the stock market, especially institutions, for government proposals, thus retaining some liquidity to conclude these proposals.
5. Stabilizing interest rates and continuing stabilization of the current year The money on the uptrend and direction for the correction.
The correction movement is defined as the market trend temporarily for a short-term decline in the direction of a long-term uptrend or vice versa, which is a healthy phenomenon as it allows new investors to enter the market at low prices. Stock market expert Ahmed Mortada attributes the reasons for the stock market down to the US Federal Reserve by raising US interest rates, resulting in the withdrawal of some emerging market investments. Interest rate Due to rising energy prices after the central bank policy to reduce interest rates, the third reason for the lack of market stimulus and the delay in the introduction of part of the state-owned enterprises at a time when the market volume exceeds two billion pounds. A major uptrend and a decline of 18,400 is normal as part of a corrective approach to reassess companies' positions for each company and to wait for future government proposals to attract new investments.
© Al-Youm Al-Sabea 2018
