Egypt Wind Of Change Blog

Tuesday, March 14, 2006

Egyptian Stock Market

Egyptian Stock Market
I’m glad that I don’t invest in the Egyptian Stock market, there seem to be lots of irregularities going on there. Today the market crashed  in early trading then it was halted for a while then resumed and then the market rebounded!.
There is no transparency in trading and select few use their insider information to make quick gains while regular investor loose their money.
There seem to be no regulation to control trading and no watchdog agencies to monitor violations. In essence it’s a lost cause for regular investors while insiders reap all the money

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