How has the Kenyan market performed in 2021 and what should we expect during the upcoming election year of 2022?

February 3, 2022, Business, Consumer, Economics, Finance, Securities Brokerage

Author: Muammar Ismaily – VP & Analyst at EFG Hermes Kenya During the year 2021, the Kenyan equities market performed relatively well, with NASI, NSE 20 and NSE 25 increasing by 9.43%, 1.83% and 9.62%, respectively. The best performing stocks were Car & General (+54.32%), Equity Group (+44.32%) and BK Group (+41.46%). Notably, Safaricom, which […]

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A curious case: Egyptian equities the better they look, the worse they have performed! Market sanity to return

December 29, 2019, Research, Securities Brokerage

By Ahmed Sarhan The Egyptian equity market has witnessed a strong correction since May-2018, with the benchmark (EGX30) losing 27% of its value since. But when you look at the strong fundamentals, low valuations, and a falling interest rate environment it becomes hard to fathom this downward trend. The 2016 IMF programme reshaped the economy […]

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