
ETFs as successful as EGX-30: Beltone Financial executive
ETFs were launched under “difficult circumstances”, chairman of EGX
ETFs were launched under “difficult circumstances”, chairman of EGX
Infrastructure, telecommunication and real estate show stock market promise
Reuters – Egypt’s stock exchange has granted Beltone Financial (BTFH.CA) the country’s first licence for exchange traded funds (ETF), the bourse’s head Mohamed Omran said on Monday, adding that trading could start within six weeks. Egypt, whose economy has been battered by more than three years of political and economic turmoil, is trying to attract …
Exchange traded funds serve as open investment funds which follow the movement of specific indicators, listing and trading their supplementary documents on the stock market as shares and bonds.