CAIRO: The Egyptian Stock Exchange on Sunday launched a new EGX20 index. The new listing includes the most active 20 companies in the country and aims to boost financial investment in the country. “This will definitely help create an atmosphere where business can be done much quicker and easier for local and international companies who see this listing as a major step in the right direction,” said a Bourse representative Marwan Hamed. Egyptian Finance Minister Hazem al-Beblawy and Chairman of the Exchange Mohammed Omran opened the exchange on Sunday for the inauguration of the new listing. The main EGX30 index rose 2.12 percent, while the new EGX20 rose 21.9 percent close to the end of trading. Meanwhile, the EGX70 gained 3.72 percent and the EGX100 added 3.12 percent. Most EGX30 shares made early gains, except Juhayana, which fell 0.22 percent. International Commercial Bank gained 2.31 percent, TMG rose 2.98 percent, Ezz Steel tacked on 3.39 percent and Hermes added 1.79 percent. BM