Egyptian stock market investors are anxious about the parliamentary elections looming soon. Egyptian investors stopped transactions and are waiting until the political condition stabilizes. Foreign and Arab investors pulled out from the transactions currently for the same reason. Vice-president of the Egyptian association for financing and investment studies EG-Finance Association Mohsen Adel said the Egyptian stock market performance will be always bound to political conditions in Egypt. Adel said the slight improvement in the political conditions had a positive reflection on stock market performance. Stable political conditions will reflect on the economy's solidity and on the market since the Egyptian market lacks investments after the Egyptian January 25 revolution, according to Adel. Adel also said investors are expecting the upcoming parliamentary elections' will negatively affect on the market and the resulting new regime. He added the Egyptian economy is expected to make noticeable progress during the next phase since the investment climate will receive huge demands under the shadow of an elected parliament. Adel assured the strong influence of purchasing power absence due to the lack of the liquidity in the market. The stock market lacks transactions' motivation since the cautious state currently overwhelms investors. Foreign and Egyptian investors are counting on two elements; firstly, that the stages of elections go smoothly without any tensions and will reflect stable conditions. The second element is the structure of the new parliament and whether it is going to include candidates who tend to the free market policies or not.
