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Egypt comes 7th among emerging markets
Egypt, Economics, 3/22/2000
Egypt's ranking in the world's emerging markets has improved as it occupies now the seventh position among other 34 markets in terms of dividends in February hitting 3.6 per cent, a report issued this week by the Ministry of Economy and Foreign Trade on the performance of emerging markets said.
Egypt was in the eighth position in the previous month with a rate of 3.3 per cent. In addition, the Egyptian Stock Exchange has come ninth among the 34 markets.
The dividend and the profit multiplier show the rate of revenues investors could receive besides the invisible revenuesą rise in shares prices.
As for the highest risk return analysis, the report showed that the Egyptian Stock Exchange came 13th at a rate of 1.81 compared to other emerging rates such as Turkey, 3.53 per cent and Thailand, 2.93 per cent. 19 markets out of the 34 have realized negative dividend in February.
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