The Egyptian Exchange Approves Periodical Review of its Indices

The Egyptian Exchange Approves Periodical Review of its Indices

The Egyptian Exchange indices witnessed a number of changes during its periodical rebalance.  During their meeting, the EGX Index committee approved amendments in the EGX Indices methodology, hence allowing changes in all indices as follows; 6 companies were excluded from EGX30 & EGX30 CAPPED, to be replaced by 6 new companies.  9 companies were excluded from EWI EGX50 Index, 18 from EGX70 index, and 14 from EGX100 Index all to be replaced by new companies.

It is also worth mentioning that the Index committee meets twice per year for the review of the EGX Indices.  Furthermore, EGX will start working with the new amended EGX Indices from August 1st, 2019.

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