By: Heba El-Kordy
Cairo – Mubasher: Sarwa Capital Holding for Financial Investments and Cairo Investment and Real Estate Development have joined the Egyptian Exchange’s (EGX) benchmark EGX30 index after being listed on the bourse for four months.
Almost eight stocks have exited from the index, while others have been included in the index, such as Orascom Development, Egyptian Chemical Industries (Kima), and Oriental Weavers Carpet, according to the EGX’s periodic review on Wednesday.
Sarwa Capital’s stock jumped by 3.62% to EGP 6.3 after announcing the periodic review, with a turnover of EGP 5.13 million
Cairo Investment’s stock remained stable at EGP 9.2, with a turnover EGP 13.7 million.
Earlier this month, Beltone Research forecast that Credit Agricole – Egypt, MM Group for Industry And International Trade, Oriental Weavers Carpet, and Cairo Investment and Real Estate Development, among others, would join the benchmark index.
