Foreign institutions on 75% of investors encumbered by the Egyptian Stock Exchange by the end of 2018

 Cairo – Eco – Fady Labib : Foreign institutions acquired 75% of the Egyptian Stock Exchange investors by the end of 2018, This reflects the confidence of the foreign portfolios in the Egyptian market following the bold economic reforms implemented by the Egyptian government since November 2016  ...

which contributed to restoring macroeconomic stability and boosting the participation of the private sector ..This comes at a time when the net purchases of foreigners on the Egyptian stock exchange registered about 29 billion pounds so far since the decisions of November 2016 liberalization of the pound exchange rate and structure of fuel support, compared to net purchases ranged between 400 to 500 billion pounds during the comparison period.

A new survey conducted by the Egyptian Stock Exchange under the title "Classification of Bonded Traders at the end of May 2018" revealed that 70% of male investors have purchased 70% of the total number of investors on the exchange.

The survey found that 98% of the individual investors in the stock exchange were Egyptians, compared to only 2% for foreigners. At the institutional level, foreigners accounted for 75% and 25% for Egyptians.