Only 10% of registered stock investors are active, says expert
Featured
In 2010, Abdel Moneim Saeed, then the chairperson of state mouthpiece Al-Ahram, oversaw an outrageous bit of...
This piece was written for Egypt Independent’s final weekly print edition, which was banned from going to press....
This piece was written for Egypt Independent's final weekly print edition, which was banned from going to press. We...
This piece was written for Egypt Independent's final weekly print edition, which was banned from going to press. We...
This piece was written for Egypt Independent’s final weekly print edition, which was banned from going to press...
This piece was written for Egypt Independent’s final weekly print edition, which was banned from going to press....
Only 10% of registered stock investors are active, says expert
On
Sun, 18/11/2012 - 19:16
Only 10 percent of registered investors in the stock market are active traders, the head of a prominent stock brokerage firm said Sunday, emphasizing the need to promote transparency, encourage investment and reduce market speculation in the market.
Wael Enaba, chairman of the Al-Awael firm, said that out of 2 million investors registered in Egypt’s stock market, only 200,000 are active.
Enaba was speaking at a panel discussion titled “The Future of the Stock Market.”
“We need more stock exchanges, either for goods or for shares, to create competition, and to [further] develop capital market laws.”
Edited translation from Al-Masry Al-Youm
opinion
On 6 April, security forces clashed with hundreds of protesters, most of them from the April 6 Youth Movement, during a...
Protesters block traffic in Tahrir Square, after Security forces re-opened it, and removed barbed wires, and iron...
*Entertainment*
Eeny, meeny, miny, moe,
You're the infidel of them all. Now get out!