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EGX20 is a new index in Egypt's stock market
MAHMOUD ASKAR BISHOY RAMZY REYAD Published in Youm7 on 29 - 09 - 2011

Egypt's stock market will establish a new index EGX 20, composed of 20 shares to help investment funds increase their dealings without violating any law, said the chairman of Egypt's stock market Mohamed Omran.
He added the measure aims to activate the Egyptian stock market, which recently witnessed notable losses.
The decision aims to increase liquidity, especially since many investors tend to hold increasing sale processes due to their anxiety of the future economic and political developments in Egypt.
Omran told Reuters the new index aims to help managers of portfolios in the investment funds.

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