Select Page

EGX30 Rebalances: Check Out Who’s In & Out

The EGX completed its semi-annual rebalancing of the EGX30 yesterday.

The EGX30 saw the entry of four companies, E-Finance (EFIH), Orascom Construction (ORAS), Abu Dhabi Islamic Bank (ADIB), & Housing & Development Bank (HDBK).

Six companies exited the index, Raya Holding (RAYA), Speed Medical (SPMD), Pioneers Properties (PRDC), Aspire Capital (ASPI), Gadwa for Industrial Development (GDWA), & Egyptian for Tourism Resort (EGTS).

The uneven entry-to-exit ratio is a result of Pioneers Holding’s split into three companies, PRDC, GDWA, & ASPI, back in October 2021.