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Beginner4 min readThe Stock Market for Beginners · 8/11

How to Read a Stock Screen

The first time you open a stock page, numbers come at you from everywhere. Only six things matter at first; the rest comes with time.

What you will learn

  • Read the six key parts of any stock screen, in order.
  • Know when the figures in front of you can be relied on.
  • Compare two stocks correctly: in percent, not in EGP.
The lesson as a short video · 36 seconds · Watch on YouTube
In this lesson

The whole screen in one picture

This is a sample stock screen laid out like the FoudaLens stock page. The company and figures are invented. We will walk through parts 1 to 6 in order, the same order you will use on any stock.

1
Al Noor Development Co.
NOOR · Real estate
2
Live Stock status
3
10.20 ▲ +0.30 (+3.03%)
4
Best bid
10.18 × 15,000
Best ask
10.22 × 8,500
5
Volume1.2M
Turnover12.1M
Trades845
6
Open10.00
Previous close9.90
Day high10.35
Day low9.80
The six parts you will read on any stock.

1Name and ticker

Before any number, make sure you opened the right stock. Some companies have very similar names; the real difference is the ticker, a short Latin code that identifies each stock on the trading system.

Al Noor Development
NOORReal estate
Al Noor Industries
NORIIndustrials
Two similar names, two different tickers. The ticker decides.

2Stock status

Before trusting any figure as current, check the stock status. You may see one of these:

● LivePrices update as they happen. Only live-price subscribers see this badge.
SuspendedTrading is halted. No order executes until it resumes.
Data unavailableThe last price may be old. Do not decide on it.
The status tells you whether the figures can be relied on.

3Last price and change

The big number is the price of the latest trade. Next to it is the change versus the previous close, in EGP and in percent. Here: last 10.20, previous close 9.90, so up EGP 0.30, or 0.30 ÷ 9.90 = 3.03%.

When comparing two stocks, look at the percent, not the EGP amount:

Stock A10.00 → 10.50 · up 0.50 EGP+5%
Stock B100.00 → 100.50 · up 0.50 EGP+0.5%
The same EGP 0.50: 5% for one stock, only 0.5% for the other.
Watch outA few stocks trade in US dollars instead of EGP; a $ sign next to the price means dollars. On FoudaLens, some low-priced stocks may show three decimal places, depending on the tick size that applies to the stock.

4Best bid and best ask

The last price tells you what people agreed on a moment ago. To buy now you will usually pay the best ask; to sell now you will usually get the best bid. The next lesson covers this in detail.

5Activity: volume, turnover and trades

VolumeHow many shares changed hands today.
TurnoverThe total cash value of the trades executed today.
TradesHow many trades executed today.
Stock at 2 EGP
1,000,000 shares × 2
2M EGP
Stock at 50 EGP
1,000,000 shares × 50
50M EGP
The same million shares, 25 times the money.

6Session numbers: open, high and low

The regular Egyptian Exchange session runs 10:00 to 14:30, Sunday to Thursday. These numbers summarize it so far: the first traded price (open), and the highest and lowest prices traded today.

9.80Day low
Prev. close9.90
Last10.20
10.00Open
10.35Day high
The stock dipped to 9.80, reached 10.35, and now sits nearer the high.

Three common mistakes

MythIt is green, so buy.
RealityGreen only means the price is above the previous close.
MythThe last price is what I will pay.
RealityYou will usually pay the best ask available.
MythA EGP 2 share is cheaper than a EGP 100 one.
RealityThe share price alone does not say cheap or expensive. Look at the company's valuation.

Try it on a real stock

Open any stock on FoudaLens and follow the six steps in order. The first time takes minutes; after a few stocks, one minute.

Check yourself

1. Previous close EGP 20, last price 21. What is the change?

A EGP 1 gain ÷ 20 = 5%.

2. The status says "Data unavailable". What do you do?

The last price may be old, so it cannot be the basis of a decision.

Summary

  • Read in order: ticker, status, price, bid and ask, activity, session numbers.
  • Compare stocks by percent change, not EGP.
  • The status tells you whether the numbers can be trusted.

Related terms

Related lessons

Educational content only, not investment advice. Companies and figures in the examples are invented for illustration.