Egypt bourse fears liquidity crisis with launch of new companies
A Different number of analysts and observers of the capital market stressed the need of the Stock Exchange to sell shares of new companies, especially since they think the time is not right and the market is suffering from a shortage of liquidity. It will result in the failure of any attempt to introduce new companies to the market. Others called for the fast action to put up new companies to attract new investors and restore confidence in the market again.
The head of research at Economic Group, Rania Nassar, said the time is not suitable for new companies because of cash shortage.
Nassar said the market is currently suffering from lack of confidence of investors, whether local or foreign, because of political instability and security that will make the demand for new companies small.