2017-12-30

EGX30 vs DJIA30 PRESPECTIVE ON 2017

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
FIRST CHART: EGX30 CLOSED ABOVE 15000 FOR THE FIRST TIME EVER ON THURDAY28 , MARKING THE THIRD,1000-POINT MILESTONE IN 2017, TO PUT THAT INTO PERSPECTIVE, 2017 IS THE THIRD YEAR IN THE RANKING OF YEARS ,EGYPATIAN‘S STOCK MARKET BOOKED A RECORD GAINS AFTER 2005AND 2016 AT THE  TIME (2016 EGX30 BOOKED FIFTH 1000-POINT MILESTONE OF YEAR ,  GOING BACK AS FAR AS 2005 BOOKED FORTH 1000-POINT MILESTONE OF YEAR AT THE TIME
NOTE: IT TOOK ONLY 6 TRADING DAYS FOR  EGX30 TO GO FROM 10000 TO 11000 , ONE OF THE QUICKEST 1000-POINT JUMPS EVER , AND ONLY 14 TRADING DAYS TO GO FROM 12000 TO 13000  THE SECOND QUICKEST 1000-POINT JUMPS.
SECOND CHART : DOW JONES  HAS  A BETTER PERFORMANCE COMPARED TO EGX30 IN 2017 , DOW HAS BOOKED FIFTH 1000-POINT MILESTONE AND WAS VERY CLOSE TO BOOKING A SIX 1000 -POINT AS A NEW MILESTONE OF YEAR
 : DOW JONES HAS RECORDED 71 NEW RECORD HIGH IN 2017 IN TURN EGX30 HAS RECORDED ONLY 29 NEW RECORD HIGH