MVIS® Egypt Index
The MVIS® Egypt Index (MVEGPT) tracks the performance of the largest and most liquid companies in Egypt. The index is a modified market cap-weighted index, and it also includes non-local companies incorporated outside Egypt that generate at least 50% of their revenues in Egypt. MVEGPT covers at least 90% of the investable universe.
Key Features
Size and Liquidity Requirements |
Full MCap of at least 150 mln USD. Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews. At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews. |
Pure-Play |
Index includes non-local companies. |
Diversification |
Company weightings are capped at 8%. |
Review |
Quarterly. |
Timescale Slider
Symbol |
IndexName |
MVEGPT |
MVIS® Egypt Price Index |
MVEGPTTR |
MVIS® Egypt Total Return Net Index |