EGX 30 Fundamentals and Investment Strategies

The EGX 30 is Egypt's main stock exchange index, comprising the 30 most liquid and capitalised stocks listed on the exchange.

It's calculated in real-time and updated every 15 seconds.

The EGX 30 is market-capitalisation weighted, meaning that larger companies have a greater impact on the index's performance.

This makes it a good representation of the overall performance of the Egyptian stock market.

The EGX 30 is widely followed by investors and analysts, both locally and internationally.

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The EGX 30 index has experienced significant fluctuations over the years, with a high of 24,832.71 in 2023.

In terms of change in index in points, the EGX 30 has seen a range of values from -5,953.25 in 2008 to 10,234.18 in 2023.

The index has also seen significant percentage changes, with a high of 70.10 in 2023 and a low of -56.43 in 2008.

To put these changes into perspective, the EGX 30's year-end value in 1996 was 861.33, and by 2005, it had increased to 6,324.70.

Here's a summary of the EGX 30's annual returns:

These numbers give you a sense of the EGX 30's performance over the years and highlight the significant fluctuations it has experienced.

Egypt has a well-established stock market, with CEIC's economic databases covering over 200 global markets, including Egypt. This provides access to reliable macroeconomic data and advanced analytical tools.

The EGX 30 index, a key indicator of the Egyptian market, reached a high of 7,444.85 in April 2008. This is a significant milestone for the market.

The EGX 30 index has been tracked since January 1998, with a base value of 1000. This allows for a clear understanding of the market's performance over time.

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CEIC's economic databases cover over 200 global markets. This means you can access a vast array of economic data for countries around the world.

Our Platform offers the most reliable macroeconomic data and advanced analytical tools. This is particularly useful for investors and businesses looking to make informed decisions about the Egyptian market.

CEIC's databases provide a comprehensive view of the Egyptian economy, allowing you to stay up-to-date on the latest trends and indicators.

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Egypt's Apr 2018 USD was a significant milestone in the country's market history. The EGX 30: USD index stood at 3,516.82 in April 2018.

This marked a substantial increase from the previous month's value of 3,356.69 in March 2018. In fact, the index had risen by over 160 points from the start of the year.

The EGX 30: USD index has seen its fair share of fluctuations over the years. Its all-time high was 7,444.85 in April 2008, while its lowest point was 330.65 in January 2002.

Here are the key statistics for the EGX 30: USD index in April 2018:

The EGX 30: USD index is calculated on a monthly basis, with the base year being January 1998, when the value was set at 1000.

The EGX 30 Fund is an index fund that tracks the performance of the EGX 30 index.

It's designed to provide investors with a simple and cost-effective way to gain exposure to the Egyptian stock market. The fund is open to both institutional and individual investors.

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The fund's cap is a crucial aspect of its design. CIB represents almost 40% of the EGX 30, a significant influence on the index's performance.

This heavy influence can be seen in the fact that TMGH also represents 18% of the EGX 30. The fund's cap helps to mitigate this concentration risk.

By capping the weight per company at 15%, the fund ensures that no single company dominates its performance. This means the fund is truly diversified.

The LV indicator is an essential part of the EGX 30 fund details. It's a key performance metric that helps investors track the fund's progress.

The LV indicator saw a significant increase of 0.47% in a single day, closing at 3836 points. This indicates a positive trend in the fund's value.

Investors should keep an eye on the LV indicator to gauge the fund's overall performance.

The EGX 30 offers a range of investment strategies for investors to consider.

Long-term investing is a viable option, as the EGX 30 has consistently shown growth over the years, with a 10-year CAGR of 12.5%.

Investors can also consider diversifying their portfolios by spreading their investments across various sectors, such as banking, industrials, and consumer goods.

The EGX 30 has a market capitalization of around EGP 1.3 trillion, providing a substantial pool of investment opportunities.

Investors can also explore sector-specific investing, such as focusing on the banking sector, which has shown significant growth in recent years.

The EGX 30's liquidity is relatively high, with an average daily trading volume of around EGP 1 billion.

Investors can also consider using technical analysis to inform their investment decisions, by looking at charts and patterns to identify trends and potential entry points.

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The EGX 30 Total Return is a crucial metric for investors. It represents the annual growth of the index, taking into account both capital gains and dividends.

The EGX 30 Total Return has experienced significant fluctuations over the years. In 2005, it reached a high of 146.29%, making it one of the best performing years.

Here's a breakdown of the EGX 30 Total Return for some notable years:

As you can see, the EGX 30 Total Return has been on an upward trend in recent years, with 2023 showing a remarkable 70.10% growth. However, it's essential to note that past performance is not a guarantee of future results.

The Total Return of the EGX 30 Index can be affected by various market and economic factors. For instance, the index's performance in 2008 was significantly impacted by the global financial crisis, resulting in a decline of 56.43%.

The EGX 30 Total Return can be a valuable tool for investors looking to make informed decisions about their portfolios. By analyzing the index's performance over time, investors can gain a better understanding of the risks and opportunities associated with investing in the Egyptian stock market.