Egyptian Exchange Issues 150,000 New Units of EGX30 ETF

The Egyptian Exchange (EGX) announced on Sunday the issuance of 150,000 new investment units of the EGX30 Index Exchange-Traded Fund (ETF), increasing the total number of outstanding units to 3.725 million, up from 3.575 million prior to the issuance.

The move follows a notification received from Misr for Central Clearing, Depository and Registry (MCDR) confirming the execution of a new settlement process related to the fund’s investment units, according to an EGX statement.

The exchange confirmed that it will continue to be notified of any future changes in the number of outstanding ETF units, in line with regulatory disclosure requirements.

The latest issuance is part of ongoing efforts to enhance liquidity and broaden investor participation in the EGX30 ETF, which tracks the performance of the Egyptian Exchange’s main index. The fund provides investors with diversified exposure to Egypt’s leading blue-chip companies listed on the EGX30.

Market participants view the expansion as a positive signal supporting the development of passive investment instruments in Egypt’s capital market.

Meanwhile, the Egyptian Exchange closed Sunday’s session with broad-based gains, supported primarily by net buying from Egyptian investors, as the benchmark EGX30 index remained above the 50,000-point level.

The EGX30 rose 0.60% to close at 50,035 points, while the EGX70 index, which tracks small- and mid-cap stocks, climbed 0.82% to 12,874 points. The broader EGX100 index gained 1.01%, ending the session at 17,840 points.

Egyptian investors recorded net purchases worth EGP 70.46 million, while Arab and foreign investors leaned toward selling, with net outflows of EGP 55.43 million and EGP 15.03 million, respectively.

Total trading value reached EGP 7.66 billion, with a trading volume of 2.096 billion shares, executed through 191,800 transactions across 221 listed companies.

Market cap rose to EGP 3.279 trillion, as 133 stocks rose, 66 declined, and 22 remained unchanged by the close of the session.