EGX says three companies join EGX30 on periodic review

Cairo - Mubasher: The Egyptian Exchange (EGX) has completed the semi-annual review of the indexes constituents.

According to this review, four companies were removed from the benchmark index EGX30 and other three companies were added.

Meanwhile, 16 companies were removed from EGX70 and 14 from EGX100, while 13 companies have joined EGX100.

The equal weighed index EGX50 witnessed the exit of 9 companies in return for adding 8 companies

The companies being excluded from EGX30 are: Sidi Kerir Petrochemicals, Misr Cement - Qena,Beltone Financial Holding and Egypt Kuwait Holding.

 In respect to the companies added to EGX30 they are: Emaar Misr for Development, South Valley Cement and United Arab Stevedoring

These amendments will be effective as of February 1, 2016.

Mubasher Contribution Time: 27-Jan-2016 07:55 (GMT)