Egyptian bourse mulls launching EGX 20 Index

The Egyptian Exchange (EGX) is considering the launch of a new gauge to measure the performance of the 20 most active companies. This step is aimed at serving a large number of investors, according to a statement.

The EGX management said that global economic events have recently accelerated, which affected international markets as well as the local bourse.
EGX said in a statement today that the recent events in the global and regional markets were not surprising.