المبيعات العربية تضغط على أداء مؤشرات البورصة المصرية بجلسة الأربعاء

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00:00from Cairo, Mr. Mohamed Kamal, a member of the board of directors of Elite Financial Consultants.

00:05Welcome.

00:06Mr. Mohamed, let's start with you, with the reason that pushed the market in the opposite

00:11direction from yesterday's closures, and today, with what came of these referendums.

00:17Welcome, Your Excellency, ladies and gentlemen, maybe the market today, or the referendum

00:25today, did not come contrary to expectations, maybe yesterday's session was contrary to

00:30expectations, or it was contrary to the direction we are going in.

00:34The truth is that even before the holiday, there were several sessions, or during previous

00:39sessions, there may have been cases of confusion, cases of instability in the financial paper

00:46market.

00:47Perhaps, in view of geopolitical tensions, I do not resort to or do not go in the direction

00:55of the referendum, which is to raise the interest rate, because in fact, it may have been denied

01:00on the same day, and the Cabinet also denied these news, and in fact, the market may have

01:05continued the process of the referendums or the phase of the referendums.

01:10In fact, the geopolitical tensions that are present on the field, and especially the news

01:18conflicts, and the news in a momentary way about the moods or tensions in the Gaza Strip

01:25in Palestine, all these things may have a great impact, of course, on the fluctuations in the

01:31financial paper market, which may be the biggest impact, and especially with the beginning

01:37of the escalation of the situation, the market may have started to move negatively, or it

01:43may be able to break the 30,000 barrier below, perhaps in conjunction with such news.

01:49In fact, yesterday's session was in a state of relative calm or a state of rise, given

01:55that it was expected that during the previous vacation, it was expected that some tensions

02:01may occur, or the atmosphere was not clear, as they say, so it was expected that something

02:08would happen, so it was expected that yesterday's session may have a sharp decline.

02:14When this did not happen, the market began to rise significantly, reaching the 27,000

02:18barrier, which is a psychological barrier and a barrier in artistic analysis or artistic

02:22indicators that it is a very important point of resistance.

02:26Go ahead.

02:27I'm sorry, I don't want to interrupt you, but before we get out of this idea, today we

02:31have broken the 26,000 barriers, and we even had the values of trading, in a way,

02:37to give us some clear signals in the market.

02:41My question to you, Mr. Mohamed, the share of the international trade is 5%, Mustafa

02:47is 7.5%.

02:48Well, if I want to judge the whole market, I should put it all down, if the issue is

02:54related to geopolitical tensions.

02:57But why is the share of the international trade declining, and Mustafa is still maintaining

03:01profits?

03:02When we talk about the direction of the market or the general direction, we are talking about

03:06the indicator of the Egyptian stock exchange and the direction of most of the shares.

03:10There are many sessions where there is a discrepancy or exchange of positions between a share

03:14and another.

03:15Given that the general direction does not work in the same way, or does not work in

03:19the same way as the international trade, we are talking about the exchange of shares

03:23The general direction does not work in the same way, or does not work in the same way

03:27as the exchange of shares, with the same up and down rates.

03:31But there is a discrepancy between the shares, and there is a movement in the market

03:35between the shares and each other.

03:36This means that today we can see a decline in the share of the international trade, and

03:41stability in the rise of Mustafa, there is a rise in some real estate development companies,

03:47there is a decline in telecommunications companies.

03:51The reason for this decline is that today an investor can change his wallet,

03:55or he can change from entering a share.

03:58For example, he sees that this share has started to achieve or break important support points,

04:06so he leaves it and accepts losses, and enters another share.

04:10There may be a potential or a rise, even if it is a small one.

04:14The exit from these shares has returned to the artistic point of view,

04:18and has also returned to the management of the wallet or wallet from each person,

04:23or according to the side that manages it.

04:25Today, the decline in some shares in some sectors has increased,

04:29especially in the same sector.

04:31For example, the real estate sector in the Egyptian market is one of the sectors

04:36that is loved by some investors, especially local or Arab investors.

04:44We see that the rise in this sector, and we find that some of the shares

04:50or the existing companies of a large real estate developer,

04:54are declining compared to another real estate developer.

04:57This is a return to the rebalancing of the investment wallet for investors.

05:05Thank you for your time and analysis, Mr. Mohamed Kamal.

05:09You are a member of the board of directors of the elite company for financial consultations.

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