The modified market cap-weighted index tracks the performance of the largest and most liquid companies in Egypt. Its unique pure-play approach expands local exposure to include non-local companies that generate at least 50% of their revenues in Egypt. The MVIS Egypt Index (MVEGPT) covers at least 90% of the investable universe and has been licensed to underlie financial products with currently USD 20.25 million in assets under management.
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.
Index
Last Close
Open
Last
Change
Change (1Y)
Range (1Y)
406.27
406.27
-
-
-9.26%
264.80 - 600.82
647.97
647.97
-
-
5.99%
406.29 - 882.23
Timescale Slider
Symbol
IndexName
MVEGPT
MVIS Egypt Price Index
MVEGPTTR
MVIS Egypt Total Return Net Index
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