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EGX 30

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EGX 30,[1] previously named CASE 30 Index, is a stock market index for securities in Egypt, designed and calculated by EGX. EGX started disseminating its index on 2 February 2003 via data vendors, its publications, web site, newspapers etc. The start date of the index was on 2/1/1998 with a base value of 1000 points. EGX 30 index value is calculated in local currency terms and denominated in US dollars since 1998. EGX started publishing its dollar denominated index on 1 March 2009. EGX 30 index includes the top 30 companies in terms of liquidity and activity.[citation needed] EGX 30 Index is weighted by market capitalization and adjusted by the free float. Adjusted Market capitalization of a listed company is the number of its listed shares multiplied by the closing price of that company multiplied by the percent of freely floated shares. For a company to be included in EGX 30 index, it must have at least 15% free float.[2] This ensures market participants that the index constituents truly represent actively traded companies and that the index is a good and reputable barometer for the Egyptian market.

Annual Returns

The following table shows the annual development of the EGX 30 since 1996.[3]

Year Year end value Change in index
in points
Change in index
in %
1996 861.33
1997 999.68 138.35 16.06
1998 660.10 −339.58 −33.97
1999 1,139.82 479.72 72.67
2000 715.74 −424.08 −37.21
2001 490.05 −225.69 −31.53
2002 492.85 2.80 0.57
2003 1,155.51 662.66 134.45
2004 2,567.99 1,412.48 122.24
2005 6,324.70 3,756.71 146.29
2006 6,973.41 648.71 10.26
2007 10,549.74 3,576.33 51.29
2008 4,596.49 −5,953.25 −56.43
2009 6,208-77 1,612.28 35.08
2010 7,142.14 933.37 15.03
2011 3,622.35 −3,519.79 −49.28
2012 5,462.42 1,840.07 50.80
2013 6,782.84 1,320.42 24.17
2014 8,926.58 2,143.74 31.61
2015 7,089.06 −1,837.52 −20.58
2016 12,344.89 5,338.88 76.20
2017 15,019.14 2,674.25 21.66
2018 13,035.77 −1,983.37 −13.21
2019 13,961.56 925.79 7.10

Notes

  1. ^ "Archived copy". Archived from the original on 2009-03-02. Retrieved 2009-03-21.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ^ ".:: Egyptian Exchange ::". www.egx.com.eg. Retrieved 2020-11-26.
  3. ^ "INDICES DATA - EGX 30 INDEX DATA SINCE INCEPTION".{{cite web}}: CS1 maint: url-status (link)