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