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May sees rise in individual investor activity
During May, the Egyptian stock exchange witnessed notable activity from individual investors, who recorded a net purchase of 2.4 trillion pounds, despite a decline in institutional investors who tended to sell. This behavior was linked to increased liquidity resulting from the redemption of investment certificates, successful business results, and generous dividend distributions, in addition to protecting savings from inflation, which reached 13.4% in April. Despite geopolitical tensions, individual investors maintained their buying momentum, with record-breaking gains in the seventieth index, which rose by 4.44% during the month, bringing its total increase since the beginning of the year to 11.6%.
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