Shuaa Securities - based in Cairo - Egypt intends to expand the scope of research coverage in one of the most promising markets in the MENA region, targeting all listed sectors At the end of this year.

This came in a statement, which was shared with a copy of which was shared with Namaz, including Shuaa Capital PJSC, announcing the enhancement and development of the research management team, and the research team includes a group One of the most prominent and qualified cadres specialized in the field of financial analysis, as it is working on implementing the management strategy aimed at enhancing research coverage to include all sectors of the Egyptian Stock Exchange.

Amr Hussein Al-Alfi, Director of Research Department at Shuaa Securities - Egypt, said: We have been keen during the past few months to establish a research management team to include some of the best experiences and competencies, which reflected its positive impact on our occupation of a distinguished position and consolidation during this short period. We have created an innovative suite of research services, including the daily report in Arabic and English under the name of Shuaa Today, which has gained the trust and interest of various categories of market participants.

Al-Alfi continues that, in terms of research coverage, we spare no effort in monitoring the various economic variables and news of companies that generally control market performance and in particular the performance of corporate stocks. Within the framework of the process of monitoring Egyptian stocks, we adopted a bottom-up approach where we see that it will enable us to identify stocks that fall outside the scope of research coverage of the market and that do not receive attention in a manner consistent with its value. It is against this background that we see 2019 as the year of selectivity, which is discussed in detail in the annual strategy report that we published last January.

It is mentioned that, in 2018, stock exchanges faced unprecedented fluctuations, especially the Egyptian stock exchange and regional markets, which calls for the preparation of analytical reports in a more profound and focusing on economic variables. And market trends.

At the level of the Egyptian Stock Exchange, it was affected by fluctuations in global markets in light of investors' reluctance to raise risks in emerging markets, including Egypt, despite the Egyptian government's continued efforts to complete the economic reform program .