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Tuesday, 11 August 2020

Nine companies switched on Egypt's main stock index

Firms to be listed on the EGX30 as part of its semi-annual 'maintenance' include Al Baraka Bank, real estate giants the Amer Group, and Sidi Kerir Petrochemicals

Ahram Online, Sunday 31 Jul 2011
Views: 1217
Views: 1217

Nine companies will be switched on the Egyptian stock exchange's EGX30, its main benchmark, as part of its semi-annual maintenance schedule.

The companies to be added are: Al Baraka Bank Egypt; Alexandria Mineral Oils Company; Amer Group Holding; Arab Gathering Investments; Ceramic & Porcelain; Giza General Contracting; Sidi Kerir Petrochemicals; Sinai Cement, and United Housing and Development.
They will replace the following nine companies on the EGX30: Arab Polivara Spinning & Weaving; Arabia Investments Development Financial Investment Holding Company; Egypt for Poultry; Egyptians Housing Development & Reconstruction; Cairo Housing; Natural Gas & Mining Project (Egypt Gas); Nile Cotton Ginning, Sharkia National Food, and South Valley Cement.
The rebalance of the index will be effective on 1 August.
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