SectionEgypt overview
EGX indices
The Egyptian Exchange's main indices, what each one measures, and how they have moved. Prices are delayed.
EGX30
The benchmark: the 30 largest and most actively traded companies, weighted by free-float market capitalisation.
EGX70 EWI
Seventy mid- and small-cap companies outside the EGX30, each given an equal weight.
EGX100 EWI
The EGX30 and EGX70 combined into one broad index of 100 companies, equally weighted.
Cap-weighted vs equal-weighted
In the EGX30, a company's weight depends on the market value of its freely traded shares, so a handful of large companies can drive the index. The EWI (equal-weight index) versions give every company the same weight, which makes them a better gauge of how the typical Egyptian stock is doing. When the EGX30 rises but the EGX70 EWI falls, gains are concentrated in the largest names.