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Pharos expects to add 5 new EGX30 shares next August. CI Capital and Orascom Construction are the most famous



The Pharos investment bank research unit expects the registration of Orascom Construction, Cleopatra Hospital, CI Capital Holding, Sidi Kerir Petrochemicals, Ibn Sina and Pharma as part of the EGX30 periodic review of the EGX30 index. Ghabbour Auto, Cairo Investment and Real Estate Development, Tharwa Capital, Arabian Investment and Development, and Arabian Ginning Cotton.

The Egyptian Stock Exchange (EGX) listed its EGX30 index on a quasi-annual basis (February 1 and August) to list new shares or delete existing shares based on a set of revised criteria to apply to rebalancing the current balance sheet (1 February 2019).

Liquidity remains the most important factor and is currently measured by stacking Egyptian Stock Exchange shares through the total value of trading per month following the exclusion of special deals, which is why companies are selected based on the number of times ranked in the top 30 companies, Value for the six months. If two shares share the same position, the company will choose the largest move during the six-month period. If the value is equal or similar, the company with the lowest standard deviation between the average traded value and the monthly value will be selected. Adjusted to 65% during the six-month period (78 days), which represents 50% (60 days) in advance. While the floating rate remains constant at 15% – according to the memorandum.

If the commission responsible for rearranging the index excludes Global Telecom from inventory review, it is expected that the company's shares will be removed from the Egyptian Stock Exchange on August 6th. The EGX30 may include the shares of the real estate investment company in Cairo instead.

Stock Index EGX30 After rebalancing the balance sheets, including Global Telecom shares

Company namecodeMarket value (6 months)weight
Commercial InternationalEquity985552868336.1%
Castle HoldingCCAP EY Equity60126424092.7%
Global Telecom HoldingGTHE EY Equity58659921264.9%
The Palm Hills Development CompanyPHDC EY Equity36991922091,6%
Swedish ElectricSWDY EY Equity31634237895.1%
Orascom Investment HoldingThe team of OIH EY31438192950.7%
Egyptian Kuwaiti HoldingEKHO EY Equity29979524606.0%
Eastern tobaccoEAST AI Team28381810356.8%
Talaat Moustafa Group HoldingTMGH EY Equity27265106565.8%
Ezz SteelESRS EY Equities25203202521.0%
Heliopolis residenceHELIEI Team22589032431,4%
EFG – HermesEquity21043677505.1%
Nasser City ResidenceMNHD EY Equity20404779652,4%
Telecom EgyptETEL EQUITY19204138402,4%
Orascom Development EgyptORHD EY Equity18631809460.6%
Pioneers Holding for financial investmentEquity17215527511.1%
sodiumShares of OCDI EY16255062291,9%
Egyptian iron and steelIRON EY Equity11146654060.1%
Egyptian resortsEGTS EY Equity10920541240.7%
Emaar EgyptEquity of EMFD EY10740094490.8%
Hospital Company CleopatraCLHO EY Equity11903618311,6%
AMOCAMOC EY Equity953 113 2341,4%
Oriental weaversORWE EY Equity873 372 2981.3%
Ibn Sina PharmaISPH EY Equity783 697 7191,8%
Orascom ConstructionORAS EY Equity12797096760.8%
managerJUFO EY Equity925 301 4522.5%
Petroleum chemicals Sidi KerriSKPC EY Equity869 342 2871,4%
Arab asset management and development companyEquity11812302760.3%
CI Capital HoldingCICH EY Equity985 439 2471.1%
Egyptian chemical industryEGCH EY Equity881 715 8930.4%

Stock Index EGX30 After balancing restructuring, apart from Global Telecom shares

Company namecodeMarket value (6 months)weight
Commercial InternationalEquity985552868337.5%
Castle HoldingCCAP EY Equity60126424092.8%
The Palm Hills Development CompanyPHDC EY Equity36991922091,6%
Swedish ElectricSWDY EY Equity31634237895.3%
Orascom Investment HoldingThe team of OIH EY31438192950.7%
Egyptian Kuwaiti HoldingEKHO EY Equity29979524606.2%
Eastern tobaccoEAST AI Team28381810357.1%
Talaat Moustafa Group HoldingTMGH EY Equity27265106566.0%
Ezz SteelESRS EY Equities25203202521.1%
Heliopolis residenceHELIEI Team22589032431.5%
EFG – HermesEquity21043677505.2%
Nasser City ResidenceMNHD EY Equity20404779652.5%
Telecom EgyptETEL EQUITY19204138402.5%
Orascom Development EgyptORHD EY Equity18631809460.6%
Pioneers Holding for financial investmentEquity17215527511.1%
sodiumShares of OCDI EY16255062292.0%
Egyptian iron and steelIRON EY Equity11146654060.1%
Egyptian resortsEGTS EY Equity10920541240.8%
Emaar EgyptEquity of EMFD EY10740094490.8%
Hospital Company CleopatraCLHO EY Equity11903618311,7%
AMOCAMOC EY Equity953 113 2341,4%
Oriental weaversORWE EY Equity873 372 2981,4%
Ibn Sina PharmaISPH EY Equity783 697 7191,8%
Orascom ConstructionORAS EY Equity12797096760.9%
managerJUFO EY Equity925 301 4522.6%
Petroleum chemicals Sidi KerriSKPC EY Equity869 342 2871.5%
Arab asset management and development companyEquity11812302760.3%
CI Capital HoldingCICH EY Equity985 439 2471.2%
Egyptian chemical industryEGCH EY Equity881 715 8930.5%
Cairo for investment and real estate developmentSIR EY EQUITY758 847 4651.3%


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