The competition for attracting investors’ funds among various investment channels is intensifying, with conflicting opinions on the attractiveness of the stock market. Mahmoud Nagla, the CEO of Money Market and Fixed Income at Al Ahly Financial Investments, believes that the new CDs with a 27% return will affect the appetite of investors in money market and fixed income funds. Nagla emphasizes that the appeal of the 27% certificates might not be universal, as different investors have diverse preferences. He ranks the best investment options as follows: stock market, real estate, gold, and high-yield certificates. In conclusion, the impact of the new certificates on the stock market remains uncertain, and investors’ choices are influenced by various factors, including risk tolerance, financial goals, and market conditions.

Source: Daily News Egypt January 11, 2024 13:37 UTC