Mohamed Atta, an economic analyst and capital markets expert, stressed the importance of fully preparing Egypt’s stock exchange with upgraded operational systems, updated regulations, and improved listing procedures ahead of upcoming government share offerings. He noted that the success of these offerings would not only deepen market liquidity but also enhance investor confidence, both domestically and internationally. n nDuring his appearance on the program “Numbers and Markets” broadcast on Al-Azhar TV, Atta emphasized the need for coordinated legislative and technical reforms to absorb new listings without negatively impacting market stability. n nRegarding year-end market expectations, he dismissed concerns about a sharp profit-taking wave or a speculative bubble, explaining that recent gains have been selective and not widespread across all sectors or equities. n nHe cited the Commercial International Bank (CIB) stock, which holds the largest weight in the main index, as an example, noting its price-to-earnings ratio remains at just 7 times—significantly below historical averages—indicating that many stocks are still undervalued relative to their intrinsic worth. n— news from أهل مصر
