All you need to know about the EGX market summary from Thndr.
We hear about market indices all the time. Here’s everything you need to know to understand the EGX indices.
What is a market index?
Market indices help measure stock prices on a daily basis. There are several different indices, such as indices where all stocks possess an equal weight.
There are other indices where the weights of shares are determined according to the company’s market value. The weight of the stock is determined by comparing it with the rest of the stocks listed on the index.
EGX30
The EGX30 is the Egyptian Stock Exchange’s main index (also called the Latin Index). The EGX30 includes the top 30 companies in terms of liquidity and activity listed on the Egyptian Stock Exchange, and the EGX authority can adjust the index by adding and removing companies.
EGX30 constituents:
| Company | Ticker |
| Abou Kir Fertilizers | ABUK |
| Alexandria Containers and goods | ALCN |
| Alexandria Mineral Oils Company | AMOC |
| Cairo For Investment And Real Estate Development | CIRA |
| Citadel Capital – Common Shares | CCAP |
| Cleopatra Hospital Company | CLHO |
| Commercial International Bank (Egypt) | COMI |
| Credit Agricole Egypt | CIEB |
| Eastern Company | EAST |
| E-finance For Digital and Financial Investments | EFIH |
| Egyptian Financial Group-Hermes Holding Company | HRHO |
| Egyptian Kuwaiti Holding | EKHO |
| Egyptian Kuwaiti Holding-EGP | EKHOA |
| ELSWEDY ELECTRIC | SWDY |
| Ezz Steel | ESRS |
| Fawry For Banking Technology And Electronic Payment | FWRY |
| GB AUTO | AUTO |
| Heliopolis Housing | HELI |
| Housing & Development Bank | HDBK |
| Ibnsina Pharma | ISPH |
| Juhayna Food Industries | JUFO |
| Medinet Nasr Housing | MNHD |
| Misr Fretilizers Production Company – Mopco | MFPC |
| Orascom Construction PLC | ORAS |
| Oriental Weavers | ORWE |
| Palm Hills Development Company | PHDC |
| Qatar National Bank Alahly | QNBA |
| Sidi Kerir Petrochemicals – SIDPEC | SKPC |
| T M G Holding | TMGH |
| Telecom Egypt | ETEL |
| Tenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda | RMDA |
EGX70
EGX70 was launched after the EGX30 and its aim was to diversify the EGX indices and to provide a broader view to the investor to track market performance.
EGX70 Constituents:
| Company | Ticker |
| Abu Dhabi Islamic Bank- Egypt | ADIB |
| AJWA for Food Industries company Egypt | AJWA |
| Al Khair River For Development Agricultural Investment&Envir | KRDI |
| Al Tawfeek Leasing Company-A.T.LEASE | ATLC |
| Arab Cotton Ginning | ACGC |
| Arab Developers Holding | ARAB |
| Arab Moltaka Investments Co | AMIA |
| Arabia Investments Holding | AIH |
| Arabian Cement Company | ARCC |
| Asek Company for Mining – Ascom | ASCM |
| B Investments Holding | BINV |
| Belton Financial Holding | BTFH |
| Cairo Poultry | POUL |
| Canal Shipping Agencies | CSAG |
| Ceramic & Porcelain | PRCL |
| CI Capital Holding For Financial Investments | CICH |
| Delta Sugar | SUGR |
| Dice Sport & Casual Wear | DSCW |
| Edita Food Industries S.A.E | EFID |
| Egypt Aluminum | EGAL |
| Egyptian Chemical Industries (Kima) | EGCH |
| Egyptian Financial & Industrial | EFIC |
| Egyptian International Pharmaceuticals (EIPICO) | PHAR |
| Egyptian Media Production City | MPRC |
| Egyptian Transport (EGYTRANS) | ETRS |
| Egyptians Housing Development & Reconstruction | EHDR |
| El Ahli Investment and Development | AFDI |
| El Ezz Porcelain (Gemma) | ECAP |
| El Kahera Housing | ELKA |
| El Shams Housing & Urbanization | ELSH |
| Emaar Misr for Development | EMFD |
| Emerald Real Estate Investment | EMRI |
| Engineering Industries (ICON) | ENGC |
| Export Development Bank of Egypt (EDBE) | EXPA |
| Faisal Islamic Bank of Egypt – In EGP | FAIT |
| Faisal Islamic Bank of Egypt – In US Dollars | FAITA |
| Gadwa For Industrial Development | GDWA |
| Ismailia Development and Real Estate Co | IDRE |
| Ismailia Misr Poultry | ISMA |
| Lecico Egypt | LCSW |
| Macro Group Pharmaceuticals -Macro Capital | MCRO |
| Maridive & oil services | MOIL |
| Marseille Almasreia Alkhalegeya For Holding Investment | MAAL |
| Mena Touristic & Real Estate Investment | MENA |
| Misr Beni Suef Cement | MBSC |
| Misr Cement (Qena) | MCQE |
| Misr Hotels | MHOT |
| Misr National Steel – Ataqa | ATQA |
| MM Group For Industry And International Trade | MTIE |
| Naeem Holding | NAHO |
| Nasr Company for Civil Works | NCCW |
| Natural Gas & Mining Project (Egypt Gas) | EGAS |
| Obour Land For Food Industries | OLFI |
| Orascom Development Egypt | ORHD |
| Orascom Financial Holding | OFH |
| Orascom Investment Holding | OIH |
| Pioneers Properties For Urban Development(PREDCO) | PRDC |
| Prime Holding | PRMH |
| Raya Contact Center | RACC |
| Raya Holding For Financial Investments | RAYA |
| Rowad Tourism (Al Rowad) | ROTO |
| Sharm Dreams Co. for Tourism Investment | SDTI |
| Six of October Development & Investment (SODIC) | OCDI |
| Speed Medical | SPMD |
| Taaleem Management Services | TALM |
| The Arab Ceramic CO.- Ceramica Remas | CERA |
| The Egyptian Company for Construction Development-Lift Slab | EDBM |
| The Egyptian Modern Education Systems | MOED |
| United Arab Shipping | UASG |
| United Housing & Development | UNIT |
| Zahraa Maadi Investment & Development | ZMID |
Next to the name of each company is something called the stock symbol. The stock symbol is in short a symbol that is used to identify stocks, in a specific market, making it easier to follow and identify the stock.
The performance of the index is measured in different time periods, such as month to date. This measures the performance of the index from the first day of the month until the current date. For example, if we say that the index has achieved 8% month to date, and the current date is September 21, this means that from September 1 until September 21, the index has increased by 8%.
Among the data provided by the index is the type of investors that have traded. The investor can be an institution or an individual and can be Egyptian, Arab, or foreign.
Market activity varies from day to day. On some days, most of the operations carried out by investors are to sell, and on other days, most operations carried out by investors are to buy.
You will also find an explanation of the daily trading value, which is the total value of buying and selling that took place in the market. If the total sales transactions were EGP 1 million, and the total purchases were EGP 1 million, then the trading value is EGP 2 million.
You will also find in the daily market summary the exchange rate of the dollar against the pound, but what is the exchange rate?
In short, the exchange rate is the relative price of the currency of a particular country against the currency of another country. For example, EGP/USD = EGP 19, meaning that 1 USD is equal to EGP 19.
If the exchange rate of the USD increases, this means that the USD is now worth more in EGP, and if the exchange rate decreases, this means that the USD is still worth less in EGP.
