Egypt Bourse Revises EGX30’s Constituents, Removes 7 Companies

By Yomna Yasser On Jul 31, 2014

Egyptian stock Exchange (EGX) has revised Thursday the constituents of its main index, EGX30, in light of a semi-annual review.

The changes in the index will be effective starting from August 1, 2014, the Egyptian bourse added.

EGX said it will remove from its EGX30 index the following companies: Arabia Investments, Development, Fin. Inv. Holding (AIND.CA), Arab Polvara Spinning & Weaving (APSW.CA), Medical Packaging Company (MEPA.CA), Maridive & Oil Services (MOIL.CA), United Housing & Development (UNIT.CA), El Kahera Housing (ELKA.CA), and Remco for Touristic Villages Construction (RTVC.CA).

On the contrary, EGX30 will include Oriental Weavers (ORWE.CA), Ceramic & Porcelain (PRCL.CA), Electro Cable Egypt (ELEC.CA), Heliopolis Housing (HELI.CA), Egyptians Abroad for Investment & Development (ABRD.CA), GB Auto (AUTO.CA), and Prime Holding (PRMH.CA).